Cintas (NASDAQ:CTAS) Releases FY 2027 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.450-5.540 for the period, compared to the consensus earnings per share estimate of 5.490. The company issued revenue guidance of $12.2 billion-$12.3 billion, compared to the consensus revenue estimate of $12.2 billion.

Wall Street Analysts Forecast Growth

CTAS has been the topic of several analyst reports. Robert W. Baird raised their price objective on Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a report on Thursday, July 16th. Bank of America upgraded Cintas from a “neutral” rating to a “buy” rating and upped their target price for the stock from $200.00 to $230.00 in a research report on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and issued a $231.00 price objective on shares of Cintas in a report on Wednesday, July 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $206.00 target price on shares of Cintas in a report on Thursday, July 16th. Finally, UBS Group reaffirmed a “buy” rating and issued a $230.00 price objective (up from $228.00) on shares of Cintas in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cintas has an average rating of “Moderate Buy” and a consensus price target of $213.85.

Cintas Trading Down 0.7%

Shares of NASDAQ CTAS traded down $1.32 during trading hours on Wednesday, hitting $197.48. The company’s stock had a trading volume of 977,144 shares, compared to its average volume of 2,133,122. The business has a 50-day simple moving average of $202.46 and a 200-day simple moving average of $185.63. Cintas has a 12 month low of $161.16 and a 12 month high of $219.16. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.43. The stock has a market cap of $79.13 billion, a price-to-earnings ratio of 52.86, a P/E/G ratio of 3.18 and a beta of 0.91.

Cintas (NASDAQ:CTAS) last posted its earnings results on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.04. Cintas had a net margin of 17.75% and a return on equity of 42.05%. During the same period in the prior year, the firm posted $1.20 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. On average, analysts anticipate that Cintas will post 5.49 earnings per share for the current fiscal year.

Cintas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th were issued a $0.52 dividend. This is a positive change from Cintas’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, August 14th. This represents a $2.08 dividend on an annualized basis and a yield of 1.1%. Cintas’s payout ratio is currently 55.61%.

Cintas News Roundup

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Earnings and revenue exceeded expectations. Cintas reported quarterly earnings of $1.39 per share, above the $1.35 analyst consensus and up from $1.20 a year earlier. Revenue increased 10.9% to $3.01 billion, while organic revenue growth reached 8.9%. Cintas Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised its fiscal 2027 forecast. Cintas increased its revenue outlook to $12.15 billion-$12.27 billion and adjusted diluted EPS guidance to $5.45-$5.54. Operating income rose 15.2% to $711.9 million, and gross margin expanded to 51.5% from 50.3% a year earlier. Cintas Fiscal 2027 First Quarter Results
• Positive Sentiment: Profitability remained robust. Net income climbed 12.3% to $551.7 million, with a reported net margin of 17.75% and return on equity of 42.05%. The results suggest resilient demand for uniforms, facility services and workplace safety offerings.
• Neutral Sentiment: Institutional positioning was mixed. While 646 institutional investors added CTAS shares in the latest quarter, 842 reduced their positions. Large additions from Invesco, Bank of New York Mellon and JPMorgan were offset by notable selling from Winslow Capital.
• Negative Sentiment: Insider selling may weigh on sentiment. Insiders made three open-market sales and no purchases during the past six months, including sales by Melanie Barstad and Ronald Tysoe totaling more than $3.5 million.
• Negative Sentiment: Expectations are elevated. CTAS trades at a relatively high earnings multiple, leaving less room for disappointment even after the quarterly beat. Investors may also be monitoring $14.4 million of UniFirst transaction expenses and integration-related costs.

About Cintas

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.