Cintas (NASDAQ:CTAS – Get Free Report)‘s stock had its “sector perform” rating reaffirmed by equities research analysts at Royal Bank Of Canada in a report issued on Thursday, Benzinga reports. They currently have a $206.00 price target on the business services provider’s stock. Royal Bank Of Canada’s price target points to a potential upside of 4.24% from the stock’s current price.
Other analysts also recently issued reports about the company. UBS Group reissued a “buy” rating and issued a $230.00 target price (up from $228.00) on shares of Cintas in a research report on Thursday, July 16th. Weiss Ratings raised shares of Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 11th. Citigroup reiterated a “sell” rating and set a $180.00 target price (up from $175.00) on shares of Cintas in a research report on Tuesday. Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price target for the company from $200.00 to $230.00 in a research report on Thursday, July 16th. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of Cintas in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $213.85.
Read Our Latest Stock Report on Cintas
Cintas Trading Up 2.9%
Cintas (NASDAQ:CTAS – Get Free Report) last issued its quarterly earnings results on Wednesday, September 23rd. The business services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.04. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same period last year, the company posted $1.20 earnings per share. Cintas’s quarterly revenue was up 10.9% compared to the same quarter last year. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. On average, equities analysts expect that Cintas will post 5.49 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Cintas
A number of institutional investors and hedge funds have recently modified their holdings of CTAS. Nemes Rush Group LLC purchased a new stake in Cintas in the 4th quarter worth approximately $25,000. First United Bank & Trust bought a new position in Cintas in the first quarter valued at $25,000. Whipplewood Advisors LLC raised its stake in shares of Cintas by 1,712.5% during the first quarter. Whipplewood Advisors LLC now owns 145 shares of the business services provider’s stock worth $25,000 after acquiring an additional 137 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Cintas in the 2nd quarter worth $27,000. Finally, Archer Investment Corp purchased a new position in Cintas during the 1st quarter valued at about $32,000. 63.46% of the stock is owned by hedge funds and other institutional investors.
Key Cintas News
Here are the key news stories impacting Cintas this week:
- Positive Sentiment: Fiscal Q1 results exceeded expectations. Cintas reported revenue of $3.01 billion, up 10.9% year over year and above the $2.98 billion consensus estimate. Adjusted earnings per share of $1.39 also topped expectations of $1.35, while operating income increased 15.2%. Cintas Q1 2027 results
- Positive Sentiment: Growth was supported by volume rather than solely price increases. Organic revenue advanced 8.9%, gross margin improved to 51.5% from 50.3% a year earlier, and management said volume growth is driving momentum. Cintas volume-driven growth
- Positive Sentiment: Management raised its fiscal 2027 outlook and increased the dividend. The company now expects revenue of approximately $12.15 billion to $12.27 billion and adjusted EPS of $5.45 to $5.54. Cintas also announced a roughly 15.6% dividend increase. Cintas raises fiscal 2027 outlook
- Neutral Sentiment: The UniFirst transaction remains a factor to monitor. Cintas recorded $14.4 million in transaction expenses during the quarter, which may weigh on near-term results but is tied to its strategic expansion. Cintas fiscal 2027 first-quarter report
- Negative Sentiment: Investors may be taking profits after the earnings beat. With Cintas trading at a forward-looking premium valuation, the improved guidance may not have been strong enough to satisfy elevated expectations. Analysts’ opinions remain mixed, and one recent analysis continues to flag share-price underperformance. Mixed analyst opinions on Cintas
- Negative Sentiment: Insider selling and a weak market backdrop add pressure. Recent disclosed insider activity showed sales without reported purchases, while broader U.S. stocks—particularly the Nasdaq—also declined during the earnings release session. Market reaction to Cintas earnings
About Cintas
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.
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