Zacks Research Issues Optimistic Outlook for Cintas Earnings

Cintas Corporation (NASDAQ:CTAS) – Stock analysts at Zacks Research increased their Q3 2027 EPS estimates for Cintas in a research report issued on Wednesday, December 10th. Zacks Research analyst Team now anticipates that the business services provider will post earnings of $1.37 per share for the quarter, up from their prior estimate of $1.36. The consensus estimate for Cintas’ current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas’ Q4 2027 earnings at $1.41 EPS.

Other research analysts have also recently issued research reports about the company. Citigroup increased their price objective on Cintas from $172.00 to $176.00 and gave the stock a “sell” rating in a research report on Friday, September 26th. Redburn Partners set a $184.00 price target on Cintas in a research note on Tuesday, November 11th. JPMorgan Chase & Co. decreased their price objective on Cintas from $246.00 to $230.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Royal Bank Of Canada reduced their price target on Cintas from $240.00 to $206.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 25th. Finally, Wells Fargo & Company reaffirmed a “cautious” rating and set a $185.00 price objective (down previously from $218.00) on shares of Cintas in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Cintas currently has an average rating of “Hold” and an average price target of $212.71.

Cintas Stock Performance

Shares of Cintas stock opened at $185.54 on Thursday. The company has a quick ratio of 1.94, a current ratio of 2.24 and a debt-to-equity ratio of 0.51. Cintas has a 52 week low of $180.39 and a 52 week high of $229.24. The firm’s 50 day moving average is $187.69 and its two-hundred day moving average is $206.23. The firm has a market capitalization of $74.56 billion, a P/E ratio of 42.07, a P/E/G ratio of 3.16 and a beta of 0.96.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same period in the previous year, the business earned $1.10 EPS. Cintas’s revenue for the quarter was up 8.7% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS.

Institutional Investors Weigh In On Cintas

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Cintas by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider’s stock valued at $7,994,594,000 after acquiring an additional 564,487 shares in the last quarter. State Street Corp increased its position in Cintas by 0.5% in the 2nd quarter. State Street Corp now owns 15,118,190 shares of the business services provider’s stock worth $3,369,391,000 after purchasing an additional 82,029 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Cintas by 3.5% during the 2nd quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider’s stock worth $2,049,017,000 after purchasing an additional 314,860 shares in the last quarter. Invesco Ltd. increased its holdings in Cintas by 11.2% in the second quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider’s stock worth $1,094,596,000 after buying an additional 495,486 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Cintas during the 2nd quarter worth $925,531,000. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 14th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.80 annualized dividend and a dividend yield of 1.0%. Cintas’s dividend payout ratio is presently 40.82%.

Cintas announced that its board has initiated a stock repurchase plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the business services provider to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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.