Cintas (NASDAQ:CTAS) Stock Price Up 6% Following Better-Than-Expected Earnings

Cintas Corporation (NASDAQ:CTAS) shot up 6% during mid-day trading on Thursday following a stronger than expected earnings report. The company traded as high as $205.00 and last traded at $203.9810. 398,657 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 2,142,386 shares. The stock had previously closed at $192.37.

The business services provider reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.05. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Cintas had a return on equity of 41.47% and a net margin of 17.57%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.09 EPS. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS.

Cintas News Roundup

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas posted adjusted EPS of $1.29, above the $1.24 consensus, while revenue rose 8.9% year over year to $2.91 billion, topping forecasts. Benzinga report
• Positive Sentiment: Management’s fiscal 2027 outlook called for revenue of $12.10 billion to $12.25 billion and EPS of $5.36 to $5.50, reinforcing confidence in continued growth. Earnings release
• Positive Sentiment: Analysts turned more bullish, with Bank of America upgrading CTAS to Buy and raising its price target to $230, while Robert W. Baird lifted its target to $214. Analyst upgrade report
• Positive Sentiment: Commentary around record margins, high retention, and an “endless” growth opportunity narrative is supporting investor sentiment. TipRanks coverage
• Neutral Sentiment: Some articles questioned whether CTAS is now fully valued after the rally, suggesting upside may be more limited from current levels. Yahoo Finance article
• Neutral Sentiment: Investors are also watching the pending UniFirst acquisition, which management says is still expected to close in the second half of calendar 2026. MarketBeat article

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Citigroup lowered their target price on shares of Cintas from $181.00 to $160.00 and set a “sell” rating for the company in a report on Tuesday, March 31st. Truist Financial lowered their target price on Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research note on Monday, June 15th. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research note on Thursday. Bank of America raised Cintas from a “neutral” rating to a “buy” rating and upped their target price for the company from $200.00 to $230.00 in a research report on Thursday. Finally, Stifel Nicolaus cut their target price on shares of Cintas from $222.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $212.69.

Insider Transactions at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 4,666 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $178.87, for a total value of $834,607.42. Following the transaction, the director owned 22,448 shares of the company’s stock, valued at $4,015,273.76. This trade represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 14.90% of the stock is owned by corporate insiders.

Institutional Trading of Cintas

Institutional investors and hedge funds have recently made changes to their positions in the stock. Nemes Rush Group LLC bought a new stake in Cintas in the 4th quarter valued at about $25,000. First United Bank & Trust acquired a new stake in Cintas in the first quarter worth approximately $25,000. Whipplewood Advisors LLC lifted its holdings in shares of Cintas by 1,712.5% in the first quarter. Whipplewood Advisors LLC now owns 145 shares of the business services provider’s stock valued at $25,000 after buying an additional 137 shares during the period. Swiss RE Ltd. acquired a new stake in Cintas in the 4th quarter valued at about $25,000. Finally, Camelot Portfolios LLC bought a new stake in Cintas during the fourth quarter worth approximately $26,000. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Cintas Trading Up 5.9%

The firm has a 50 day moving average price of $174.13 and a two-hundred day moving average price of $182.60. The firm has a market capitalization of $81.51 billion, a P/E ratio of 57.56, a price-to-earnings-growth ratio of 2.93 and a beta of 0.94. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.74 and a current ratio of 1.98.

Cintas Company Profile

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.