Free Trial

Cintas (CTAS) Stock Price, News & Analysis

Cintas logo
$225.79 +1.74 (+0.78%)
(As of 11/29/2024 04:23 PM ET)

About Cintas Stock (NASDAQ:CTAS)

Key Stats

Today's Range
$224.33
$226.61
50-Day Range
$202.35
$226.47
52-Week Range
$136.87
$228.12
Volume
981,446 shs
Average Volume
1.32 million shs
Market Capitalization
$91.06 billion
P/E Ratio
57.02
Dividend Yield
0.69%
Price Target
$199.63
Consensus Rating
Hold

Company Overview

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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.

Cintas Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

CTAS MarketRank™: 

Cintas scored higher than 92% of companies evaluated by MarketBeat, and ranked 17th out of 181 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cintas has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 6 buy ratings, 9 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Cintas has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Cintas' stock forecast and price target.
  • Earnings Growth

    Earnings for Cintas are expected to grow by 9.46% in the coming year, from $4.23 to $4.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cintas is 57.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.81.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cintas is 57.02, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 23.33.

  • Price to Earnings Growth Ratio

    Cintas has a PEG Ratio of 4.41. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cintas has a P/B Ratio of 21.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Cintas' valuation and earnings.
  • Percentage of Shares Shorted

    1.65% of the outstanding shares of Cintas have been sold short.
  • Short Interest Ratio / Days to Cover

    Cintas has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Cintas has recently increased by 7.61%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cintas has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Cintas has been increasing its dividend for 42 years.

  • Dividend Coverage

    The dividend payout ratio of Cintas is 39.39%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Cintas will have a dividend payout ratio of 33.69% next year. This indicates that Cintas will be able to sustain or increase its dividend.

  • Read more about Cintas' dividend.
  • Percentage of Shares Shorted

    1.65% of the outstanding shares of Cintas have been sold short.
  • Short Interest Ratio / Days to Cover

    Cintas has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Cintas has recently increased by 7.61%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Cintas has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 47 news articles for Cintas this week, compared to 14 articles on an average week.
  • Search Interest

    22 people have searched for CTAS on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added Cintas to their MarketBeat watchlist in the last 30 days. This is an increase of 79% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cintas insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.00% of the stock of Cintas is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    63.46% of the stock of Cintas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cintas' insider trading history.
Receive CTAS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cintas and its competitors with MarketBeat's FREE daily newsletter.

CTAS Stock News Headlines

Cintas Corporation (CTAS) Jumped 18% in Q3
***TODAY ONLY*** Nvidia’s Next AI Play
Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.
See More Headlines

CTAS Stock Analysis - Frequently Asked Questions

Cintas' stock was trading at $150.6650 at the start of the year. Since then, CTAS shares have increased by 49.9% and is now trading at $225.79.
View the best growth stocks for 2024 here
.

Cintas Co. (NASDAQ:CTAS) posted its earnings results on Wednesday, September, 25th. The business services provider reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.10. Cintas's quarterly revenue was up 6.8% compared to the same quarter last year.
Read the conference call transcript
.

Cintas shares split on the morning of Thursday, September 12th 2024. The 4-1 split was announced on Thursday, May 2nd 2024. The newly issued shares were issued to shareholders after the closing bell on Wednesday, September 11th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Cintas' board initiated a stock buyback plan on Tuesday, July 23rd 2024, which permits the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 1.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

Cintas subsidiaries include these companies: G&K Services LLC, Sudbury Mat Rental, ZEE Medical, Code Shred, Metro Door, Van Dyne Crotty, Beacon Fire And Safety, and more.

Top institutional investors of Cintas include State Street Corp (3.61%), FMR LLC (2.18%), Geode Capital Management LLC (2.05%) and Franklin Resources Inc. (0.81%). Insiders that own company stock include Jim Rozakis, J Michael Hansen, Gerald S Adolph, Michael Lawrence Thompson, Joseph Scaminace, Ronald W Tysoe and Melanie W Barstad.
View institutional ownership trends
.

Shares of CTAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cintas investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), Netflix (NFLX) and Tesla (TSLA).

Company Calendar

Ex-Dividend for 9/3 Dividend
8/15/2024
Dividend Payable
9/03/2024
Last Earnings
9/25/2024
Ex-Dividend for 12/13 Dividend
11/15/2024
Today
11/30/2024
Dividend Payable
12/13/2024
Next Earnings (Estimated)
12/19/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:CTAS
CUSIP
17290810
Employees
46,500
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$199.63
High Stock Price Target
$245.00
Low Stock Price Target
$142.50
Potential Upside/Downside
-11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.24
Research Coverage
17 Analysts

Profitability

Net Income
$1.57 billion
Pretax Margin
20.85%

Debt

Sales & Book Value

Annual Sales
$9.76 billion
Cash Flow
$5.00 per share
Book Value
$10.64 per share

Miscellaneous

Free Float
342,804,000
Market Cap
$91.06 billion
Optionable
Optionable
Beta
1.32

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

This page (NASDAQ:CTAS) was last updated on 12/1/2024 by MarketBeat.com Staff
From Our Partners