Cintas Corporation (NASDAQ:CTAS)‘s stock had its “hold” rating reaffirmed by equities researchers at Royal Bank Of Canada in a note issued to investors on Monday. They presently have a $145.00 price objective on the business services provider’s stock. Royal Bank Of Canada’s price target would indicate a potential downside of 2.19% from the stock’s current price.

Other research analysts have also issued reports about the stock. Robert W. Baird set a $152.00 price objective on shares of Cintas Corporation and gave the company a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research upgraded shares of Cintas Corporation from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research note on Thursday, August 24th. Stifel Nicolaus reiterated a “hold” rating and issued a $138.00 price objective (up from $136.00) on shares of Cintas Corporation in a research note on Wednesday, September 27th. BidaskClub upgraded shares of Cintas Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $140.00 price objective (up from $130.00) on shares of Cintas Corporation in a research note on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Cintas Corporation presently has a consensus rating of “Hold” and an average price target of $144.67.

Cintas Corporation (NASDAQ:CTAS) traded down $0.67 during trading on Monday, reaching $148.25. 480,278 shares of the company were exchanged, compared to its average volume of 537,971. Cintas Corporation has a fifty-two week low of $110.99 and a fifty-two week high of $152.83. The stock has a market cap of $15,830.85, a price-to-earnings ratio of 30.27, a price-to-earnings-growth ratio of 2.32 and a beta of 0.87. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.84 and a quick ratio of 1.57.

Cintas Corporation (NASDAQ:CTAS) last released its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.18. Cintas Corporation had a net margin of 9.79% and a return on equity of 23.71%. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the previous year, the business earned $1.26 EPS. Cintas Corporation’s revenue was up 27.2% compared to the same quarter last year. equities research analysts anticipate that Cintas Corporation will post 5.36 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mountain Capital Investment Advisors Inc purchased a new position in shares of Cintas Corporation during the 2nd quarter valued at $120,000. Parallel Advisors LLC lifted its holdings in shares of Cintas Corporation by 4.4% during the 2nd quarter. Parallel Advisors LLC now owns 900 shares of the business services provider’s stock worth $121,000 after acquiring an additional 38 shares during the last quarter. QS Investors LLC lifted its holdings in shares of Cintas Corporation by 1.0% during the 2nd quarter. QS Investors LLC now owns 995 shares of the business services provider’s stock worth $125,000 after acquiring an additional 10 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in shares of Cintas Corporation by 3.2% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,056 shares of the business services provider’s stock worth $133,000 after acquiring an additional 33 shares during the last quarter. Finally, First Personal Financial Services lifted its holdings in shares of Cintas Corporation by 0.8% during the 2nd quarter. First Personal Financial Services now owns 1,147 shares of the business services provider’s stock worth $145,000 after acquiring an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 66.73% of the company’s stock.

Cintas Corporation 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.

Analyst Recommendations for Cintas Corporation (NASDAQ:CTAS)

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