Cintas (CTAS) to Release Earnings on Tuesday

Cintas (NASDAQ:CTAS) will be posting its quarterly earnings results after the market closes on Tuesday, March 20th. Analysts expect Cintas to post earnings of $1.23 per share for the quarter. Cintas has set its FY18 guidance at $5.39-5.46 EPS.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, December 21st. The business services provider reported $1.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.27 by $0.04. Cintas had a net margin of 9.23% and a return on equity of 23.23%. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the firm earned $1.15 EPS. The business’s quarterly revenue was up 26.4% compared to the same quarter last year. On average, analysts expect Cintas to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Cintas (NASDAQ CTAS) opened at $176.61 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 1.77 and a debt-to-equity ratio of 0.99. Cintas has a fifty-two week low of $117.85 and a fifty-two week high of $178.34. The company has a market cap of $18,810.00, a price-to-earnings ratio of 39.51, a price-to-earnings-growth ratio of 2.73 and a beta of 0.88.

Several brokerages have commented on CTAS. KeyCorp reissued an “overweight” rating and issued a $174.00 price target (up from $148.00) on shares of Cintas in a report on Tuesday, December 19th. Zacks Investment Research downgraded shares of Cintas from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley raised their price target on shares of Cintas from $130.00 to $151.00 and gave the company an “underweight” rating in a report on Wednesday, January 31st. Oppenheimer reissued a “hold” rating on shares of Cintas in a report on Friday, December 22nd. Finally, William Blair reissued a “buy” rating on shares of Cintas in a report on Tuesday, December 26th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $157.09.

In other news, insider James Phillip Holloman sold 12,386 shares of Cintas stock in a transaction on Friday, January 12th. The shares were sold at an average price of $160.92, for a total transaction of $1,993,155.12. Following the completion of the sale, 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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 18.90% of the company’s stock.

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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.

Earnings History for Cintas (NASDAQ:CTAS)

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