Cintas (NASDAQ:CTAS) Releases FY 2027 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.360-5.500 for the period, compared to the consensus earnings per share estimate of 5.420. The company issued revenue guidance of $12.1 billion-$12.3 billion, compared to the consensus revenue estimate of $12.1 billion.

Analyst Ratings Changes

CTAS has been the topic of several recent research reports. Weiss Ratings upgraded Cintas from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Bank of America cut their price objective on shares of Cintas from $215.00 to $200.00 and set a “neutral” rating for the company in a report on Monday, June 29th. Truist Financial dropped their target price on Cintas from $255.00 to $225.00 and set a “buy” rating on the stock in a research report on Monday, June 15th. Stifel Nicolaus dropped their price objective on Cintas from $222.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, March 26th. Finally, Citigroup reduced their target price on Cintas from $181.00 to $160.00 and set a “sell” rating for the company in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Cintas currently has a consensus rating of “Hold” and an average target price of $211.25.

Cintas Price Performance

Cintas stock opened at $184.33 on Wednesday. The company’s 50 day moving average is $173.67 and its two-hundred day moving average is $182.56. The firm has a market cap of $73.75 billion, a PE ratio of 52.07, a price-to-earnings-growth ratio of 2.93 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.98 and a debt-to-equity ratio of 0.51. Cintas has a 52-week low of $161.16 and a 52-week high of $226.75.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Cintas had a net margin of 17.57% and a return on equity of 41.47%. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. On average, research analysts expect that Cintas will post 4.89 EPS for the current fiscal year.

Insider Activity

In other news, Director Ronald W. Tysoe sold 4,666 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $178.87, for a total transaction of $834,607.42. Following the completion of the transaction, the director owned 22,448 shares of the company’s stock, valued at approximately $4,015,273.76. This represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 14.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Swiss RE Ltd. bought a new position in shares of Cintas during the 4th quarter worth about $25,000. Kemnay Advisory Services Inc. bought a new position in Cintas during the fourth quarter worth about $26,000. Meeder Asset Management Inc. grew its stake in shares of Cintas by 226.7% in the 4th quarter. Meeder Asset Management Inc. now owns 147 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 102 shares during the period. Triumph Capital Management bought a new position in shares of Cintas during the 3rd quarter worth approximately $29,000. Finally, Prosperity Bancshares Inc bought a new stake in Cintas in the fourth quarter valued at $34,000. 63.46% of the stock is owned by institutional investors.

About Cintas

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.