Cintas (NASDAQ:CTAS) Releases FY 2027 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.360-5.500 for the period, compared to the consensus earnings per share estimate of 5.420. The company issued revenue guidance of $12.1 billion-$12.3 billion, compared to the consensus revenue estimate of $12.1 billion.

Cintas Stock Up 0.3%

Shares of NASDAQ:CTAS opened at $184.33 on Wednesday. The company has a market cap of $73.75 billion, a price-to-earnings ratio of 52.07, a PEG ratio of 2.93 and a beta of 0.94. The firm’s 50-day simple moving average is $173.67 and its 200-day simple moving average is $182.56. Cintas has a fifty-two week low of $161.16 and a fifty-two week high of $226.75. The company has a quick ratio of 1.74, a current ratio of 1.98 and a debt-to-equity ratio of 0.51.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings results on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. Cintas had a net margin of 17.57% and a return on equity of 41.47%. The company had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period last year, the firm earned $1.09 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, equities research analysts predict that Cintas will post 4.89 earnings per share for the current year.

Analyst Ratings Changes

CTAS has been the topic of several research analyst reports. Bank of America reduced their price objective on Cintas from $215.00 to $200.00 and set a “neutral” rating on the stock in a research note on Monday, June 29th. Stifel Nicolaus decreased their price objective on shares of Cintas from $222.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, March 26th. Citigroup lowered their price objective on Cintas from $181.00 to $160.00 and set a “sell” rating for the company in a report on Tuesday, March 31st. Truist Financial cut their price objective on Cintas from $255.00 to $225.00 and set a “buy” rating on the stock in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded Cintas from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $211.25.

Insider Activity

In related news, Director Ronald W. Tysoe sold 4,666 shares of Cintas stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $178.87, for a total transaction of $834,607.42. Following the sale, the director directly owned 22,448 shares in the company, valued at $4,015,273.76. The trade was a 17.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 14.90% of the company’s stock.

Institutional Investors Weigh In On Cintas

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Swiss RE Ltd. bought a new stake in Cintas during the fourth quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new position in Cintas in the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. grew its holdings in shares of Cintas by 226.7% during the fourth quarter. Meeder Asset Management Inc. now owns 147 shares of the business services provider’s stock valued at $28,000 after buying an additional 102 shares in the last quarter. Triumph Capital Management acquired a new position in Cintas during the third quarter valued at $29,000. Finally, Prosperity Bancshares Inc purchased a new stake in Cintas in the 4th quarter worth about $34,000. 63.46% of the stock is owned by institutional investors and hedge funds.

About Cintas

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.