Cintas (NASDAQ:CTAS) Issues FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.170-4.250 for the period, compared to the consensus earnings per share estimate of 4.170. The company issued revenue guidance of $10.2 billion-$10.3 billion, compared to the consensus revenue estimate of $10.3 billion. Cintas also updated its FY25 guidance to $4.17-4.25 EPS.

Cintas Stock Performance

NASDAQ:CTAS opened at $202.35 on Friday. Cintas has a fifty-two week low of $119.69 and a fifty-two week high of $211.57. The firm’s 50 day moving average is $208.63 and its two-hundred day moving average is $183.66. The company has a market cap of $20.53 billion, a P/E ratio of 13.97, a P/E/G ratio of 4.09 and a beta of 1.32. The company has a quick ratio of 1.52, a current ratio of 1.74 and a debt-to-equity ratio of 0.47.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings results on Wednesday, September 25th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. The firm had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.49 billion. Cintas had a return on equity of 37.82% and a net margin of 16.38%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.70 earnings per share. Analysts expect that Cintas will post 4.16 EPS for the current year.

Cintas Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Thursday, August 15th. Cintas’s payout ratio is currently 10.77%.

Cintas declared that its board has authorized a stock buyback plan on Tuesday, July 23rd that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the business services provider to reacquire up to 1.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CTAS shares. Robert W. Baird increased their price target on Cintas from $194.00 to $209.00 and gave the company a neutral rating in a report on Thursday. Wells Fargo & Company raised their target price on Cintas from $184.00 to $191.00 and gave the company an underweight rating in a report on Thursday. StockNews.com upgraded Cintas from a hold rating to a buy rating in a report on Friday, June 14th. Royal Bank of Canada boosted their target price on shares of Cintas from $181.00 to $215.00 and gave the stock a sector perform rating in a research report on Thursday. Finally, UBS Group raised their price target on shares of Cintas from $219.00 to $240.00 and gave the company a buy rating in a report on Thursday. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $199.63.

Insider Transactions at Cintas

In other news, Director Gerald S. Adolph sold 4,400 shares of Cintas stock in a transaction that occurred on Wednesday, July 24th. The stock was sold at an average price of $191.43, for a total value of $842,292.00. Following the completion of the transaction, the director now owns 125,808 shares in the company, valued at approximately $24,083,425.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 15.10% of the company’s stock.

Cintas Company Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.