Zacks Research Has Bullish Estimate for Cintas Q3 Earnings

Cintas Co. (NASDAQ:CTAS) – Investment analysts at Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for shares of Cintas in a research note issued on Tuesday, January 14th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings per share of $1.18 for the quarter, up from their previous forecast of $1.17. The consensus estimate for Cintas’ current full-year earnings is $4.23 per share. Zacks Research also issued estimates for Cintas’ FY2026 earnings at $4.70 EPS, Q1 2027 earnings at $1.25 EPS, Q2 2027 earnings at $1.30 EPS and FY2027 earnings at $5.16 EPS.

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

CTAS has been the topic of several other reports. Wells Fargo & Company reduced their price objective on Cintas from $191.00 to $184.00 and set an “underweight” rating on the stock in a research note on Friday, December 20th. Barclays boosted their target price on Cintas from $210.00 to $245.00 and gave the company an “overweight” rating in a research report on Friday, September 27th. Jefferies Financial Group lowered their price target on Cintas from $730.00 to $200.00 and set a “hold” rating for the company in a research report on Thursday, September 26th. Robert W. Baird lowered their target price on shares of Cintas from $209.00 to $200.00 and set a “neutral” rating for the company in a report on Friday, December 20th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $215.00 price target on shares of Cintas in a research note on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $198.46.

Cintas Stock Performance

Cintas stock opened at $195.70 on Thursday. The company’s 50-day moving average price is $206.61 and its 200-day moving average price is $204.87. The company has a quick ratio of 1.33, a current ratio of 1.53 and a debt-to-equity ratio of 0.50. The company has a market cap of $78.97 billion, a PE ratio of 49.42, a price-to-earnings-growth ratio of 4.16 and a beta of 1.37. Cintas has a twelve month low of $146.29 and a twelve month high of $228.12.

Cintas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 0.80%. Cintas’s dividend payout ratio is currently 37.59%.

Institutional Trading of Cintas

A number of hedge funds have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. raised its holdings in shares of Cintas by 341.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 128 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 99 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of Cintas by 433.3% during the third quarter. Hollencrest Capital Management now owns 128 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 104 shares in the last quarter. Addison Advisors LLC increased its holdings in Cintas by 495.7% during the third quarter. Addison Advisors LLC now owns 137 shares of the business services provider’s stock valued at $28,000 after buying an additional 114 shares during the period. Grove Bank & Trust raised its stake in Cintas by 1,340.0% in the third quarter. Grove Bank & Trust now owns 144 shares of the business services provider’s stock worth $30,000 after buying an additional 134 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its stake in Cintas by 321.1% in the third quarter. Capital Advisors Ltd. LLC now owns 160 shares of the business services provider’s stock worth $33,000 after buying an additional 122 shares in the last quarter. 63.46% of the stock is owned by hedge funds and other institutional investors.

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.