Cintas Corporation (NASDAQ:CTAS) has earned a consensus recommendation of “Hold” from the fifteen analysts that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $132.50.

A number of equities research analysts have recently commented on the stock. Deutsche Bank AG set a $130.00 price target on shares of Cintas Corporation and gave the stock a “hold” rating in a report on Friday, July 21st. Instinet downgraded shares of Cintas Corporation from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $142.00 to $130.00 in a report on Tuesday, June 27th. Stifel Nicolaus lifted their price target on shares of Cintas Corporation from $123.00 to $136.00 and gave the stock a “hold” rating in a report on Friday, July 21st. Zacks Investment Research upgraded shares of Cintas Corporation from a “hold” rating to a “buy” rating and set a $141.00 price target for the company in a report on Monday, July 10th. Finally, BidaskClub downgraded shares of Cintas Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st.

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Several large investors have recently added to or reduced their stakes in CTAS. First Personal Financial Services boosted its position in shares of Cintas Corporation by 0.8% in the second quarter. First Personal Financial Services now owns 1,147 shares of the business services provider’s stock worth $145,000 after buying an additional 9 shares during the period. Rehmann Capital Advisory Group boosted its position in shares of Cintas Corporation by 0.6% in the second quarter. Rehmann Capital Advisory Group now owns 1,674 shares of the business services provider’s stock worth $211,000 after buying an additional 10 shares during the period. Alps Advisors Inc. boosted its position in shares of Cintas Corporation by 0.3% in the second quarter. Alps Advisors Inc. now owns 4,043 shares of the business services provider’s stock worth $510,000 after buying an additional 11 shares during the period. Bronfman E.L. Rothschild L.P. boosted its position in shares of Cintas Corporation by 0.7% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,861 shares of the business services provider’s stock worth $235,000 after buying an additional 13 shares during the period. Finally, Lincoln National Corp boosted its position in shares of Cintas Corporation by 0.8% in the first quarter. Lincoln National Corp now owns 1,845 shares of the business services provider’s stock worth $234,000 after buying an additional 14 shares during the period. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Cintas Corporation (CTAS) traded down 0.3346% during trading on Tuesday, reaching $134.0001. 430,058 shares of the company’s stock traded hands. The firm has a market capitalization of $14.13 billion, a PE ratio of 30.5448 and a beta of 0.84. The firm has a 50 day moving average of $129.35 and a 200 day moving average of $123.13. Cintas Corporation has a 1-year low of $102.07 and a 1-year high of $139.74.

Cintas Corporation (NASDAQ:CTAS) last issued its quarterly earnings results on Thursday, July 20th. The business services provider reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by $0.30. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Cintas Corporation had a return on equity of 23.38% and a net margin of 8.90%. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 earnings per share. Equities analysts forecast that Cintas Corporation will post $5.23 EPS for the current year.

About Cintas Corporation

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.

Analyst Recommendations for Cintas Corporation (NASDAQ:CTAS)

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