Cintas (NASDAQ:CTAS) Stock Price Up 6% on Strong Earnings

Cintas Corporation (NASDAQ:CTAS)’s share price rose 6% during trading on Thursday following a better than expected earnings announcement. The company traded as high as $205.00 and last traded at $203.9810. Approximately 398,657 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 2,142,386 shares. The stock had previously closed at $192.37.

The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.09 earnings per share. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS.

Cintas News Summary

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CTAS shares. Robert W. Baird lifted their price target on shares of Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a research note on Thursday. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price objective on shares of Cintas in a research note on Thursday. Bank of America raised Cintas from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $200.00 to $230.00 in a report on Thursday. The Goldman Sachs Group restated a “buy” rating and issued a $231.00 price target on shares of Cintas in a research report on Wednesday. Finally, Weiss Ratings raised Cintas from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Cintas has a consensus rating of “Moderate Buy” and an average price target of $212.31.

Insider Transactions at Cintas

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

Institutional Trading of Cintas

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Union Bancaire Privee UBP SA acquired a new stake in Cintas in the fourth quarter valued at $15,736,000. Caledonia Investments PLC purchased a new stake in shares of Cintas during the 4th quarter worth $33,287,000. Riverbridge Partners LLC grew its stake in shares of Cintas by 7.7% during the 1st quarter. Riverbridge Partners LLC now owns 229,158 shares of the business services provider’s stock worth $38,760,000 after purchasing an additional 16,437 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Cintas by 2,286.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 736,620 shares of the business services provider’s stock worth $138,536,000 after purchasing an additional 705,751 shares during the period. Finally, Suncoast Equity Management increased its holdings in shares of Cintas by 53.7% in the 4th quarter. Suncoast Equity Management now owns 23,845 shares of the business services provider’s stock valued at $4,485,000 after purchasing an additional 8,330 shares in the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Price Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 1.43. The stock’s fifty day moving average price is $175.60 and its 200-day moving average price is $182.86. The firm has a market cap of $81.80 billion, a PE ratio of 57.75, a P/E/G ratio of 3.25 and a beta of 0.94.

Cintas Company Profile

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.