Cintas Corp. (CTAS) Scheduled to Post Earnings on Thursday
Cintas Corp. (NASDAQ:CTAS) is set to release its earnings data on Thursday, September 19th. Cintas Corp. has set its FY14 guidance at $2.66-2.75 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Cintas Corp. (NASDAQ:CTAS) last posted its quarterly earnings results on Monday, July 15th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the company posted $0.60 earnings per share. Cintas Corp.’s revenue was up 7.2% compared to the same quarter last year. On average, analysts expect Cintas Corp. to post $2.73 EPS for the current fiscal year and $3.01 EPS for the next fiscal year.
Shares of Cintas Corp. (NASDAQ:CTAS) opened at 50.49 on Wednesday. Cintas Corp. has a 1-year low of $39.22 and a 1-year high of $50.80. The stock has a 50-day moving average of $48.6 and a 200-day moving average of $46.16. The company has a market cap of $6.176 billion and a price-to-earnings ratio of 19.98.
Several analysts have recently commented on the stock. Analysts at Thomson Reuters/Verus upgraded shares of Cintas Corp. (NASDAQ:CTAS) from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 2nd. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Cintas Corp. (NASDAQ:CTAS) in a research note to investors on Monday, July 29th. They now have a $50.00 price target on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Cintas Corp. (NASDAQ:CTAS) in a research note to investors on Friday, July 26th. They now have a $42.00 price target on the stock, down previously from $50.00.
Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $48.57.
Cintas Corporation (NASDAQ:CTAS) provides specialized products and services to businesses of all types throughout the North America, Latin America, Europe and Asia.
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