Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.170-4.250 for the period, compared to the consensus estimate of 4.170. The company issued revenue guidance of $10.2 billion-$10.3 billion, compared to the consensus revenue estimate of $10.3 billion. Cintas also updated its FY25 guidance to $4.17-4.25 EPS.

Wall Street Analyst Weigh In

A number of research firms have commented on CTAS. Redburn Atlantic began coverage on Cintas in a research report on Friday, August 9th. They issued a neutral rating and a $167.50 price target on the stock. Stifel Nicolaus increased their target price on shares of Cintas from $166.75 to $199.50 and gave the company a hold rating in a research report on Friday, July 19th. Royal Bank of Canada boosted their price target on shares of Cintas from $181.00 to $215.00 and gave the stock a sector perform rating in a research report on Thursday. Morgan Stanley increased their price objective on shares of Cintas from $170.00 to $185.00 and gave the stock an equal weight rating in a research report on Thursday. Finally, Barclays dropped their target price on shares of Cintas from $850.00 to $210.00 and set an overweight rating on the stock in a report on Friday, September 13th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Cintas presently has a consensus rating of Hold and an average target price of $197.30.

Cintas Stock Down 0.1 %

CTAS stock opened at $207.01 on Friday. The stock’s 50 day simple moving average is $208.28 and its 200 day simple moving average is $183.50. The company has a market cap of $21.00 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 4.09 and a beta of 1.32. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.52 and a current ratio of 1.74. Cintas has a fifty-two week low of $118.68 and a fifty-two week high of $211.57.

Cintas (NASDAQ:CTAS) last issued its earnings results on Wednesday, September 25th. The business services provider reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.10. Cintas had a return on equity of 37.82% and a net margin of 16.38%. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the prior year, the firm earned $3.70 earnings per share. Cintas’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, research analysts expect that Cintas will post 4.16 earnings per share for the current fiscal year.

Cintas Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Thursday, August 15th. Cintas’s dividend payout ratio is currently 10.77%.

Cintas announced that its board has authorized a share buyback program on Tuesday, July 23rd that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to buy up to 1.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Cintas news, Director Gerald S. Adolph sold 4,400 shares of Cintas stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $191.43, for a total transaction of $842,292.00. Following the completion of the transaction, the director now owns 125,808 shares in the company, valued at approximately $24,083,425.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 15.10% of the stock is currently owned by company insiders.

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.