What is William Blair’s Forecast for Cintas FY2025 Earnings?

Cintas Co. (NASDAQ:CTAS) – Equities researchers at William Blair lifted their FY2025 EPS estimates for Cintas in a note issued to investors on Thursday, December 19th. William Blair analyst T. Mulrooney now expects that the business services provider will post earnings per share of $4.31 for the year, up from their previous forecast of $4.22. The consensus estimate for Cintas’ current full-year earnings is $4.23 per share. William Blair also issued estimates for Cintas’ FY2026 earnings at $4.80 EPS.

Several other research analysts also recently commented on CTAS. Wells Fargo & Company reduced their price objective on Cintas from $191.00 to $184.00 and set an “underweight” rating for the company in a research note on Friday. Truist Financial reduced their target price on shares of Cintas from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Friday. Morgan Stanley boosted their price target on shares of Cintas from $185.00 to $202.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $215.00 price objective on shares of Cintas in a research note on Friday. Finally, Barclays raised their target price on shares of Cintas from $210.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $198.46.

Cintas Stock Performance

NASDAQ CTAS opened at $187.12 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.53 and a quick ratio of 1.33. The stock’s 50 day simple moving average is $214.31 and its 200-day simple moving average is $203.43. The company has a market cap of $75.47 billion, a PE ratio of 47.25, a price-to-earnings-growth ratio of 4.15 and a beta of 1.34. Cintas has a 1-year low of $143.64 and a 1-year high of $228.12.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Cintas had a net margin of 16.80% and a return on equity of 39.56%. The firm had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period last year, the company posted $3.61 EPS. Cintas’s quarterly revenue was up 7.8% compared to the same quarter last year.

Cintas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 15th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Friday, November 15th. Cintas’s dividend payout ratio is presently 37.59%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Checchi Capital Advisers LLC lifted its holdings in shares of Cintas by 0.9% in the 2nd quarter. Checchi Capital Advisers LLC now owns 1,651 shares of the business services provider’s stock worth $1,156,000 after acquiring an additional 14 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Cintas by 0.5% during the second quarter. Axxcess Wealth Management LLC now owns 2,905 shares of the business services provider’s stock worth $2,034,000 after buying an additional 14 shares during the period. Drive Wealth Management LLC grew its stake in shares of Cintas by 3.7% in the second quarter. Drive Wealth Management LLC now owns 448 shares of the business services provider’s stock valued at $314,000 after buying an additional 16 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of Cintas by 1.2% in the 2nd quarter. TIAA Trust National Association now owns 1,363 shares of the business services provider’s stock valued at $954,000 after buying an additional 16 shares during the period. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Cintas by 1.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,517 shares of the business services provider’s stock valued at $1,062,000 after buying an additional 19 shares during the period. Hedge funds and other institutional investors own 63.46% of the company’s stock.

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.