Cintas’ (CTAS) “Sector Perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Cintas (NASDAQ:CTAS) in a research note published on Thursday,Benzinga reports. The brokerage currently has a $206.00 price target on the business services provider’s stock.

A number of other analysts also recently issued reports on CTAS. The Goldman Sachs Group reiterated a “buy” rating and issued a $231.00 price objective on shares of Cintas in a report on Wednesday. Robert W. Baird increased their target price on shares of Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a report on Thursday. Stifel Nicolaus decreased their target price on shares of Cintas from $222.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, March 26th. Wells Fargo & Company reiterated an “overweight” rating and issued a $250.00 price target (up from $245.00) on shares of Cintas in a research note on Thursday. Finally, Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $200.00 to $230.00 in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $212.31.

Cintas Stock Down 0.9%

NASDAQ:CTAS opened at $204.45 on Thursday. The stock has a 50-day simple moving average of $175.60 and a 200 day simple moving average of $182.86. Cintas has a 52-week low of $161.16 and a 52-week high of $226.75. The company has a market cap of $81.80 billion, a PE ratio of 57.75, a PEG ratio of 3.23 and a beta of 0.94. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 1.43.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, beating the consensus estimate of $1.24 by $0.05. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the previous year, the business posted $1.09 EPS. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. On average, sell-side analysts expect that Cintas will post 5.48 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Ronald W. Tysoe sold 4,666 shares of Cintas stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $178.87, for a total transaction of $834,607.42. Following the completion of the transaction, the director directly owned 22,448 shares in the company, valued at approximately $4,015,273.76. The trade was a 17.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 14.90% of the company’s stock.

Hedge Funds Weigh In On Cintas

Several institutional investors and hedge funds have recently modified their holdings of the stock. Nemes Rush Group LLC bought a new position in shares of Cintas in the fourth quarter valued at about $25,000. First United Bank & Trust acquired a new stake in shares of Cintas during the 1st quarter worth about $25,000. Whipplewood Advisors LLC boosted its holdings in shares of Cintas by 1,712.5% during the 1st quarter. Whipplewood Advisors LLC now owns 145 shares of the business services provider’s stock worth $25,000 after buying an additional 137 shares during the period. Swiss RE Ltd. bought a new stake in shares of Cintas during the 4th quarter worth about $25,000. Finally, Camelot Portfolios LLC acquired a new position in Cintas in the 4th quarter valued at about $26,000. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Cintas News Roundup

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and raised its price target to $230, saying the company’s earnings setup looks stronger over the next several quarters thanks to improving labor conditions, growth in adjacent products, and margin expansion. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Positive Sentiment: Robert W. Baird raised its price target to $214 and kept an Outperform rating, while other analysts also lifted estimates after Cintas beat revenue and EPS expectations. These Analysts Increase Their Forecasts On Cintas Following Upbeat Q4 Earnings
• Positive Sentiment: Cintas posted a beat-and-raise quarter, with revenue of $2.91 billion and adjusted EPS of $1.29, plus stronger fiscal 2027 guidance, which has supported investor confidence and renewed buying interest. Cintas Keeps Beating Expectations—And the Story Isn’t Over
• Neutral Sentiment: Some coverage argues the stock may now be reasonably valued after its sharp five-year advance, suggesting upside may depend more on continued earnings execution than multiple expansion. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run
• Negative Sentiment: Royal Bank of Canada only reaffirmed a Sector Perform rating with a $206 target, implying more limited upside than the most bullish calls and signaling that not all analysts are fully convinced the stock can rerate much higher from here. Benzinga coverage of RBC rating

About Cintas

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.