Cintas (NASDAQ:CTAS) Issues FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.360-4.400 for the period, compared to the consensus earnings per share estimate of 4.320. 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 $4.36-4.40 EPS.

Cintas Trading Up 9.3 %

Shares of NASDAQ:CTAS opened at $211.51 on Wednesday. The company has a market capitalization of $85.35 billion, a P/E ratio of 51.10, a P/E/G ratio of 3.98 and a beta of 1.41. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.58 and a quick ratio of 1.38. Cintas has a 1 year low of $158.10 and a 1 year high of $228.12. The business’s 50 day simple moving average is $200.57 and its 200 day simple moving average is $208.92.

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

Cintas Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.74%. Cintas’s dividend payout ratio is currently 37.59%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CTAS shares. Morgan Stanley upped their price objective on Cintas from $185.00 to $202.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Citigroup began coverage on shares of Cintas in a research note on Monday, February 24th. They set a “sell” rating and a $161.00 price target for the company. Truist Financial reduced their price target on Cintas from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. UBS Group cut their price objective on Cintas from $240.00 to $218.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Finally, Robert W. Baird cut 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. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $199.79.

Institutional Investors Weigh In On Cintas

A hedge fund recently raised its stake in Cintas stock. Brighton Jones LLC lifted its holdings in shares of Cintas Co. (NASDAQ:CTAS) by 9.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 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.