Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.280-4.340 for the period, compared to the consensus earnings per share estimate of 4.240. The company issued revenue guidance of $10.3 billion-$10.3 billion, compared to the consensus revenue estimate of $10.3 billion. Cintas also updated its FY25 guidance to $4.28-4.34 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CTAS shares. Wells Fargo & Company lifted their price target on shares of Cintas from $184.00 to $191.00 and gave the company an “underweight” rating in a research note on Thursday, September 26th. Robert W. Baird boosted their price target on shares of Cintas from $194.00 to $209.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. UBS Group raised their price objective on shares of Cintas from $219.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, September 26th. The Goldman Sachs Group boosted their target price on shares of Cintas from $212.00 to $236.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Finally, Truist Financial raised their price target on shares of Cintas from $212.50 to $225.00 and gave the company a “buy” rating in a research report on Tuesday, September 17th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $200.77.

Cintas Trading Down 8.7 %

Shares of CTAS stock traded down $17.68 on Thursday, hitting $186.71. 1,568,444 shares of the company’s stock traded hands, compared to its average volume of 1,483,813. The stock has a market capitalization of $75.30 billion, a price-to-earnings ratio of 47.15, a P/E/G ratio of 4.15 and a beta of 1.33. The company’s fifty day simple moving average is $215.20 and its 200 day simple moving average is $203.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.33 and a current ratio of 1.53. Cintas has a one year low of $138.39 and a one year high of $228.12.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.08. The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.56 billion. Cintas had a return on equity of 39.56% and a net margin of 16.80%. The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $3.61 earnings per share. Equities analysts forecast that Cintas will post 4.23 EPS for the current year.

Cintas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, November 15th. This represents a $1.56 annualized dividend and a dividend yield of 0.84%. Cintas’s dividend payout ratio (DPR) is presently 39.39%.

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.