Cintas (NASDAQ:CTAS) Releases FY25 Earnings Guidance

Cintas (NASDAQ:CTAS) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $16.25-16.75 for the period, compared to the consensus EPS estimate of $16.53. Cintas also updated its FY 2025 guidance to 16.250-16.750 EPS.

Cintas Price Performance

Cintas stock opened at $758.56 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.03 and a current ratio of 1.74. Cintas has a one year low of $474.74 and a one year high of $773.78. The company has a market cap of $76.96 billion, a P/E ratio of 52.39, a price-to-earnings-growth ratio of 3.84 and a beta of 1.31. The business has a fifty day moving average of $700.26 and a two-hundred day moving average of $657.32.

Shares of Cintas are set to split on the morning of Thursday, September 12th. The 4-1 split was announced on Thursday, May 2nd. The newly created shares will be payable to shareholders after the closing bell on Wednesday, September 11th.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, July 18th. The business services provider reported $3.99 EPS for the quarter, topping the consensus estimate of $3.80 by $0.19. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.47 billion. Cintas had a return on equity of 37.82% and a net margin of 16.38%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.33 EPS. As a group, analysts predict that Cintas will post 16.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CTAS has been the topic of a number of research reports. The Goldman Sachs Group increased their price objective on shares of Cintas from $673.00 to $765.00 and gave the company a buy rating in a research note on Thursday, March 28th. Robert W. Baird reissued a neutral rating and set a $775.00 price objective (up from $750.00) on shares of Cintas in a research note on Friday. Morgan Stanley increased their target price on Cintas from $575.00 to $625.00 and gave the company an equal weight rating in a report on Friday. Barclays upped their price objective on Cintas from $700.00 to $850.00 and gave the company an overweight rating in a research report on Friday. Finally, UBS Group lifted their price objective on Cintas from $790.00 to $874.00 and gave the stock a buy rating in a research report on Friday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Cintas presently has an average rating of Hold and a consensus target price of $749.00.

Insider Buying and Selling

In other news, COO Jim Rozakis sold 1,318 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $693.71, for a total value of $914,309.78. Following the transaction, the chief operating officer now directly owns 59,770 shares in the company, valued at approximately $41,463,046.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Ronald W. Tysoe sold 2,291 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $693.95, for a total transaction of $1,589,839.45. Following the completion of the sale, the director now directly owns 6,655 shares of the company’s stock, valued at approximately $4,618,237.25. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Jim Rozakis sold 1,318 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $693.71, for a total value of $914,309.78. Following the completion of the transaction, the chief operating officer now directly owns 59,770 shares in the company, valued at $41,463,046.70. The disclosure for this sale can be found here. Corporate insiders own 15.10% of the company’s stock.

About Cintas

Cintas Corporation provides 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.