Cintas (NASDAQ:CTAS) Releases FY25 Earnings Guidance

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CTAS. Citigroup began coverage on Cintas in a report on Monday, February 24th. They issued a “sell” rating and a $161.00 price objective for the company. UBS Group lowered their price objective on Cintas from $240.00 to $218.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Wells Fargo & Company decreased their target price on shares of Cintas from $191.00 to $184.00 and set an “underweight” rating for the company in a research report on Friday, December 20th. Robert W. Baird dropped their price target on shares of Cintas from $209.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, December 20th. Finally, The Goldman Sachs Group lowered their target price on shares of Cintas from $236.00 to $211.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cintas currently has an average rating of “Hold” and a consensus target price of $199.79.

Cintas Stock Performance

NASDAQ CTAS opened at $193.46 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.38 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $200.57 and a 200 day simple moving average of $208.92. Cintas has a 12-month low of $158.10 and a 12-month high of $228.12. The company has a market cap of $78.07 billion, a P/E ratio of 46.64, a PEG ratio of 3.98 and a beta of 1.41.

Cintas (NASDAQ:CTAS) last posted its earnings results on Wednesday, March 26th. The business services provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.05 by $0.08. Cintas had a net margin of 17.23% and a return on equity of 40.62%. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.60 billion. During the same period in the previous year, the firm posted $3.84 earnings per share. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. Sell-side analysts predict that Cintas will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a dividend of $0.39 per share. The ex-dividend date was Friday, February 14th. This represents a $1.56 annualized dividend and a dividend yield of 0.81%. Cintas’s payout ratio is 37.59%.

Institutional Investors Weigh In On Cintas

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

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.