Cintas (NASDAQ:CTAS) Updates FY 2027 Earnings Guidance

Cintas (NASDAQ:CTAS) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Stifel Nicolaus reduced their price objective on Cintas from $222.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, March 26th. Wells Fargo & Company reissued an “overweight” rating and issued a $250.00 price target (up from $245.00) on shares of Cintas in a research note on Thursday. Truist Financial cut their price objective on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a report on Monday, June 15th. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price objective on shares of Cintas in a report on Thursday. Finally, Bank of America upgraded shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $200.00 to $230.00 in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $212.31.

Cintas Price Performance

Cintas stock opened at $206.25 on Friday. Cintas has a 52-week low of $161.16 and a 52-week high of $226.75. The firm has a market capitalization of $82.52 billion, a P/E ratio of 58.26, a PEG ratio of 3.05 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.43 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average of $174.85 and a 200-day moving average of $182.71.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, July 15th. The business services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.05. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 earnings per share. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, analysts predict that Cintas will post 5.44 EPS for the current year.

Insider Buying and Selling

In other news, Director Ronald W. Tysoe sold 4,666 shares of Cintas stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $178.87, for a total value of $834,607.42. Following the transaction, the director owned 22,448 shares of the company’s stock, valued at $4,015,273.76. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 14.90% of the company’s stock.

Cintas News Roundup

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas reported fiscal Q4 EPS of $1.29 on revenue of $2.91 billion, both ahead of Wall Street estimates, with revenue up 8.9% year over year and margins at record levels. Cintas Says Massive Untapped Market Leaves ‘Virtually Endless’ Growth Opportunities
• Positive Sentiment: Management issued fiscal 2027 guidance above or near analyst expectations and pointed to ongoing demand, margin expansion, and growth opportunities in adjacent products, supporting the stock’s higher move. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Positive Sentiment: Bank of America upgraded Cintas to Buy and lifted its price target to $230, while Robert W. Baird raised its target to $214, adding to the bullish sentiment around the stock. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Neutral Sentiment: Some analysts remain cautious, with RBC reaffirming a Sector Perform rating and setting a $206 target, which is roughly in line with the current trading level. Benzinga analyst note on RBC rating
• Neutral Sentiment: Commentary on whether Cintas is fully valued may cap some upside after the recent run, even though the broader earnings trend remains strong. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run

Institutional Investors Weigh In On Cintas

A number of hedge funds and other institutional investors have recently bought and sold shares of CTAS. Swiss RE Ltd. acquired a new position in Cintas in the fourth quarter valued at about $25,000. Kemnay Advisory Services Inc. acquired a new position in shares of Cintas during the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. raised its stake in Cintas by 226.7% in the 4th quarter. Meeder Asset Management Inc. now owns 147 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 102 shares during the period. Triumph Capital Management bought a new stake in Cintas in the 3rd quarter valued at about $29,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Cintas in the fourth quarter worth $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.