Cintas Co. (CTAS) to Release Quarterly Earnings on Wednesday
Cintas Co. (NASDAQ:CTAS) is scheduled to release its earnings data after the market closes on Wednesday, March 22nd. Analysts expect Cintas to post earnings of $1.07 per share for the quarter. Cintas has set its FY17 guidance at $4.57-4.65 EPS.
Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 22nd. The company reported $1.13 EPS for the quarter, missing the Zacks’ consensus estimate of $1.15 by $0.02. Cintas had a return on equity of 24.80% and a net margin of 10.37%. The company earned $1.30 billion during the quarter. During the same period in the previous year, the company posted $1.03 earnings per share. Cintas’s quarterly revenue was up 6.4% on a year-over-year basis. On average, analysts expect Cintas to post $4.61 EPS for the current fiscal year and $4.92 EPS for the next fiscal year.
Cintas Co. (NASDAQ:CTAS) opened at 124.31 on Tuesday. Cintas Co. has a 1-year low of $85.86 and a 1-year high of $125.93. The stock has a market cap of $13.06 billion, a PE ratio of 25.91 and a beta of 0.87. The firm has a 50-day moving average of $117.83 and a 200-day moving average of $114.53.
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Several brokerages have recently weighed in on CTAS. Royal Bank of Canada reiterated a “sector perform” rating on shares of Cintas in a research note on Tuesday, December 27th. Zacks Investment Research upgraded shares of Cintas from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Monday. Stifel Nicolaus increased their price objective on shares of Cintas from $118.00 to $123.00 and gave the stock a “hold” rating in a research note on Tuesday, December 20th. William Blair reiterated an “outperform” rating on shares of Cintas in a research note on Wednesday, January 18th. Finally, Deutsche Bank AG began coverage on shares of Cintas in a research note on Wednesday, February 22nd. They issued a “hold” rating and a $120.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $119.08.
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Cintas Company Profile
Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.
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