Cintas (NASDAQ:CTAS) Releases FY25 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $4.36-4.40 for the period, compared to the consensus EPS 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 Stock Down 0.6 %

Shares of CTAS opened at $193.46 on Wednesday. The firm has a 50 day simple moving average of $200.57 and a two-hundred day simple moving average of $208.92. 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 one year low of $158.10 and a one year high of $228.12. The company has a market cap of $78.07 billion, a P/E ratio of 46.64, a P/E/G ratio of 3.98 and a beta of 1.41.

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

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.81%. Cintas’s dividend payout ratio (DPR) is currently 37.59%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on CTAS shares. UBS Group lowered their price objective on shares of Cintas from $240.00 to $218.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Citigroup assumed coverage on shares of Cintas in a report on Monday, February 24th. They set a “sell” rating and a $161.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and set a $215.00 price objective on shares of Cintas in a report on Friday, December 20th. The Goldman Sachs Group reduced their price objective on Cintas from $236.00 to $211.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. Finally, Robert W. Baird dropped their target price on Cintas from $209.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $199.79.

Hedge Funds Weigh In On Cintas

An institutional investor recently raised its position in Cintas stock. Brighton Jones LLC grew its position in shares of Cintas Co. (NASDAQ:CTAS) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,268 shares of the business services provider’s stock after purchasing an additional 108 shares during the quarter. Brighton Jones LLC’s holdings in Cintas were worth $232,000 as of its most recent SEC filing. 63.46% of the stock is currently owned by 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.