Cintas (NASDAQ:CTAS) Updates FY25 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.36-4.40 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company cut their price target on Cintas from $191.00 to $184.00 and set an “underweight” rating on the stock in a research note on Friday, December 20th. The Goldman Sachs Group lowered their price target on shares of Cintas from $236.00 to $211.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Truist Financial cut their price objective on shares of Cintas from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, December 20th. Morgan Stanley upped their target price on shares of Cintas from $185.00 to $202.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, UBS Group cut their price target on Cintas from $240.00 to $218.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $199.79.

Cintas Stock Performance

NASDAQ CTAS opened at $204.71 on Thursday. The company has a quick ratio of 1.38, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $82.61 billion, a P/E ratio of 49.36, a P/E/G ratio of 3.98 and a beta of 1.41. The firm has a 50-day moving average price of $200.75 and a two-hundred day moving average price of $208.89. Cintas has a 12-month low of $162.16 and a 12-month high of $228.12.

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

Cintas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Friday, February 14th. Cintas’s payout ratio is 37.59%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cintas stock. Brighton Jones LLC increased its holdings in Cintas Co. (NASDAQ:CTAS) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,268 shares of the business services provider’s stock after acquiring an additional 108 shares during the period. Brighton Jones LLC’s holdings in Cintas were worth $232,000 at the end of the most recent quarter. 63.46% of the stock is owned by institutional investors.

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.