Cintas (NASDAQ:CTAS) Issues FY25 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.36-4.40 for the period, compared to the consensus earnings per share estimate of $4.32. The company issued revenue guidance of $10.280-10.305 billion, compared to the consensus revenue estimate of $10.29 billion. Cintas also updated its FY 2025 guidance to 4.360-4.400 EPS.

Analysts Set New Price Targets

CTAS has been the subject of a number of research analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $215.00 target price on shares of Cintas in a research report on Thursday. Citigroup initiated coverage on Cintas in a research note on Monday, February 24th. They issued a “sell” rating and a $161.00 price objective for the company. Robert W. Baird increased their price target on Cintas from $200.00 to $227.00 and gave the stock a “neutral” rating in a research report on Thursday. Truist Financial boosted their target price on shares of Cintas from $215.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday. Finally, UBS Group increased their price target on Cintas from $218.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $207.57.

Cintas Stock Performance

Cintas stock opened at $206.25 on Friday. Cintas has a 12 month low of $162.16 and a 12 month high of $228.12. The company has a market cap of $83.23 billion, a PE ratio of 49.73, a P/E/G ratio of 3.98 and a beta of 1.41. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.38. The company has a fifty day moving average price of $200.91 and a two-hundred day moving average price of $208.87.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.08. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.60 billion. Cintas had a return on equity of 40.62% and a net margin of 17.23%. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.84 EPS. Research analysts expect that Cintas will post 4.31 earnings per share for the current year.

Cintas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Friday, February 14th. Cintas’s dividend payout ratio (DPR) is presently 36.11%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cintas stock. Brighton Jones LLC lifted its holdings in Cintas Co. (NASDAQ:CTAS) by 9.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,268 shares of the business services provider’s stock after acquiring an additional 108 shares during the quarter. Brighton Jones LLC’s holdings in Cintas were worth $232,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 63.46% of the company’s stock.

About Cintas

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.