Cintas (NASDAQ:CTAS) Receives Sector Perform Rating from Royal Bank Of Canada

Cintas (NASDAQ:CTAS)‘s stock had its “sector perform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a report released on Thursday, Benzinga reports. They presently have a $206.00 price target on the business services provider’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 4.93% from the company’s previous close.

A number of other analysts have also recently commented on the stock. Wells Fargo & Company reiterated an “overweight” rating and issued a $250.00 target price (up from $245.00) on shares of Cintas in a research note on Thursday, July 16th. Sanford C. Bernstein reissued a “market perform” rating on shares of Cintas in a research report on Thursday, September 10th. Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and raised their price target for the stock from $200.00 to $230.00 in a research report on Thursday, July 16th. Truist Financial reduced their price target on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research report on Monday, June 15th. Finally, UBS Group reissued a “buy” rating and set a $230.00 price target (up from $228.00) on shares of Cintas in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $214.46.

Cintas Stock Performance

NASDAQ CTAS traded up $4.35 during trading hours on Thursday, hitting $196.32. 839,847 shares of the company’s stock traded hands, compared to its average volume of 2,138,681. The firm has a market capitalization of $78.66 billion, a P/E ratio of 52.52, a P/E/G ratio of 3.21 and a beta of 0.91. Cintas has a 52 week low of $161.16 and a 52 week high of $219.16. The business’s fifty day moving average price is $202.45 and its two-hundred day moving average price is $185.54. The company has a current ratio of 1.43, a quick ratio of 1.27 and a debt-to-equity ratio of 0.28.

Cintas (NASDAQ:CTAS) last issued its earnings results on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.04. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the prior year, the business earned $1.20 earnings per share. Cintas’s revenue for the quarter was up 10.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. Equities research analysts predict that Cintas will post 5.49 EPS for the current year.

Hedge Funds Weigh In On Cintas

Several hedge funds and other institutional investors have recently bought and sold shares of CTAS. QRG Capital Management Inc. lifted its position in Cintas by 317.3% during the 2nd quarter. QRG Capital Management Inc. now owns 240,253 shares of the business services provider’s stock worth $40,862,000 after acquiring an additional 182,678 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Cintas by 121.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 26,415 shares of the business services provider’s stock valued at $4,493,000 after purchasing an additional 14,475 shares in the last quarter. Andra AP fonden raised its position in shares of Cintas by 78.6% in the 2nd quarter. Andra AP fonden now owns 140,400 shares of the business services provider’s stock valued at $23,879,000 after purchasing an additional 61,800 shares in the last quarter. Bullseye Investment Management LLC acquired a new position in shares of Cintas in the 2nd quarter valued at approximately $253,000. Finally, Tidal Investments LLC raised its position in shares of Cintas by 16.3% in the 2nd quarter. Tidal Investments LLC now owns 62,579 shares of the business services provider’s stock valued at $10,643,000 after purchasing an additional 8,778 shares in the last quarter. 63.46% of the stock is owned by institutional investors and hedge funds.

Cintas News Summary

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Quarterly beat: Cintas reported adjusted EPS of $1.39, exceeding the $1.35 consensus estimate, while revenue reached $3.01 billion versus expectations of $2.98 billion. Revenue increased 10.9% year over year, and adjusted EPS rose from $1.20 a year earlier. Cintas Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Healthy operating momentum: Organic revenue growth was 8.9%, operating income rose 15.2%, and gross margin expanded to 51.5% from 50.3%. Management said volume growth—not price increases—is driving results, which supports the durability of demand. Cintas Says Volume, Not Price Hikes, Is Powering Its Growth
• Positive Sentiment: Raised outlook and dividend: Cintas lifted fiscal 2027 adjusted EPS guidance to $5.45-$5.54 and revenue guidance to approximately $12.15-$12.27 billion, broadly in line with Wall Street expectations. The company also increased its dividend by 15.6%, reinforcing confidence in cash flow. Cintas Tops Revenue Estimate and Raises Outlook
• Neutral Sentiment: Analyst view remains cautious: Royal Bank of Canada reaffirmed its “sector perform” rating and set a $206 price target, indicating limited upside from recent levels. Other analyst opinions are mixed. RBC Reaffirms Cintas Rating
• Negative Sentiment: Valuation and transaction costs: Cintas trades at a relatively elevated earnings multiple, while $14.4 million of UniFirst-related transaction expenses weighed on the quarter. Recent insider activity also consisted of sales rather than purchases, which may temper enthusiasm.

Cintas Company Profile

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.