Cintas Co. (NASDAQ:CTAS) insider James Phillip Holloman sold 12,386 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $160.92, for a total transaction of $1,993,155.12. Following the transaction, the insider now directly owns 141,328 shares of the company’s stock, valued at approximately $22,742,501.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Cintas Co. (CTAS) traded up $0.76 during midday trading on Wednesday, reaching $161.22. 760,900 shares of the company were exchanged, compared to its average volume of 540,770. The company has a market capitalization of $17,087.19, a PE ratio of 32.12, a P/E/G ratio of 2.46 and a beta of 0.87. Cintas Co. has a twelve month low of $112.96 and a twelve month high of $163.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.53 and a current ratio of 1.77.

Cintas (NASDAQ:CTAS) last posted its earnings results on Thursday, December 21st. The business services provider reported $1.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.27 by $0.04. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Cintas had a net margin of 9.23% and a return on equity of 23.23%. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.15 earnings per share. equities analysts predict that Cintas Co. will post 5.44 EPS for the current year.

A number of research analysts have weighed in on the stock. KeyCorp reissued an “overweight” rating and set a $174.00 target price (up previously from $148.00) on shares of Cintas in a research report on Tuesday, December 19th. Zacks Investment Research upgraded shares of Cintas from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a report on Tuesday, December 19th. JPMorgan Chase & Co. restated a “buy” rating and set a $183.00 price objective on shares of Cintas in a report on Friday, December 22nd. Robert W. Baird restated an “outperform” rating and set a $185.00 price objective (up previously from $165.00) on shares of Cintas in a report on Friday, December 22nd. Finally, Oppenheimer restated a “hold” rating on shares of Cintas in a report on Friday, December 22nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $153.73.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mountain Capital Investment Advisors Inc bought a new stake in Cintas in the second quarter valued at about $120,000. QS Investors LLC grew its stake in Cintas by 1.0% during the second quarter. QS Investors LLC now owns 995 shares of the business services provider’s stock worth $125,000 after buying an additional 10 shares during the last quarter. YorkBridge Wealth Partners LLC grew its stake in Cintas by 3.2% during the second quarter. YorkBridge Wealth Partners LLC now owns 1,056 shares of the business services provider’s stock worth $133,000 after buying an additional 33 shares during the last quarter. Pitcairn Co. bought a new stake in Cintas during the third quarter worth about $200,000. Finally, Checchi Capital Advisers LLC bought a new stake in Cintas during the third quarter worth about $204,000. 66.64% of the stock is currently owned by institutional investors and hedge funds.

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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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