Zacks Research Issues Positive Estimate for Cintas Earnings

Cintas Corporation (NASDAQ:CTAS) – Zacks Research raised their Q3 2026 earnings estimates for Cintas in a report released on Wednesday, December 10th. Zacks Research analyst Team now expects that the business services provider will earn $1.21 per share for the quarter, up from their previous estimate of $1.20. The consensus estimate for Cintas’ current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Cintas’ Q4 2026 earnings at $1.21 EPS, Q1 2027 earnings at $1.22 EPS, FY2027 earnings at $5.33 EPS, Q1 2028 earnings at $1.42 EPS, Q2 2028 earnings at $1.49 EPS and FY2028 earnings at $6.01 EPS.

CTAS has been the topic of several other research reports. Citigroup raised their price target on shares of Cintas from $172.00 to $176.00 and gave the stock a “sell” rating in a research note on Friday, September 26th. Rothschild & Co Redburn raised Cintas from a “sell” rating to a “neutral” rating and set a $184.00 target price on the stock in a report on Tuesday, November 11th. Rothschild Redb upgraded Cintas from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Redburn Partners set a $184.00 price objective on shares of Cintas in a report on Tuesday, November 11th. Finally, Sanford C. Bernstein initiated coverage on Cintas in a research report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $212.71.

Cintas Trading Down 0.7%

Shares of NASDAQ CTAS opened at $187.53 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.94 and a current ratio of 2.24. The stock has a market cap of $75.36 billion, a P/E ratio of 42.52, a price-to-earnings-growth ratio of 3.24 and a beta of 0.96. The firm has a 50 day moving average price of $187.11 and a two-hundred day moving average price of $205.72. Cintas has a 52-week low of $180.39 and a 52-week high of $229.24.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.01. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The company had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the firm earned $1.10 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS.

Hedge Funds Weigh In On Cintas

Several large investors have recently made changes to their positions in CTAS. Brighton Jones LLC increased its stake in Cintas by 9.3% during the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 108 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Cintas in the 1st quarter worth approximately $440,000. Meridian Wealth Management LLC purchased a new stake in shares of Cintas during the 1st quarter valued at about $413,000. Public Sector Pension Investment Board grew its holdings in Cintas by 9.5% during the 1st quarter. Public Sector Pension Investment Board now owns 44,095 shares of the business services provider’s stock valued at $9,063,000 after buying an additional 3,833 shares in the last quarter. Finally, LGT Group Foundation bought a new position in Cintas in the 1st quarter valued at $204,000. Institutional investors own 63.46% of the company’s stock.

Cintas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 14th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, November 14th. Cintas’s dividend payout ratio is currently 40.82%.

Cintas declared that its board has initiated a stock buyback plan on Tuesday, October 28th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 1.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

About Cintas

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.