Free Trial
NASDAQ:CTAS

Cintas (CTAS) Stock Price, News & Analysis

$782.95
+8.29 (+1.07%)
(As of 08/21/2024 ET)
Today's Range
$776.74
$783.97
50-Day Range
$691.96
$782.95
52-Week Range
$474.74
$783.97
Volume
354,525 shs
Average Volume
373,063 shs
Market Capitalization
$79.44 billion
P/E Ratio
54.07
Dividend Yield
0.80%
Price Target
$742.36

Cintas MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
5.2% Downside
$742.36 Price Target
Short Interest
Healthy
1.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.61
Upright™ Environmental Score
News Sentiment
0.96mentions of Cintas in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$842,292 Sold Last Quarter
Proj. Earnings Growth
9.87%
From $16.62 to $18.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Industrials Sector

2nd out of 18 stocks

Specialty Business Services Industry

1st out of 1 stocks

CTAS stock logo

About Cintas Stock (NASDAQ:CTAS)

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.

CTAS Stock Price History

CTAS Stock News Headlines

Air Force quietly working with sub $10 stock on new tech
There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.
Cintas Co. (NASDAQ:CTAS) Short Interest Update
Air Force quietly working with sub $10 stock on new tech
There is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.
Wells Fargo & Company Initiates Coverage on Cintas (NASDAQ:CTAS)
Redburn Atlantic Begins Coverage on Cintas (NASDAQ:CTAS)
The 7 Best Dividend Stocks to Buy Now: August 2024
See More Headlines
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.

Company Calendar

Ex-Dividend for 6/14 Dividend
5/14/2024
Dividend Payable
6/14/2024
Last Earnings
7/18/2024
Ex-Dividend for 9/3 Dividend
8/15/2024
Today
8/22/2024
Dividend Payable
9/03/2024
Next Earnings (Estimated)
9/24/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Specialty Business Services
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
$742.36
High Stock Price Target
$874.00
Low Stock Price Target
$570.00
Potential Upside/Downside
-5.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
16 Analysts

Profitability

Net Income
$1.57 billion
Pretax Margin
20.57%

Debt

Sales & Book Value

Annual Sales
$9.60 billion
Cash Flow
$20.40 per share
Book Value
$42.83 per share

Miscellaneous

Free Float
86,142,000
Market Cap
$79.44 billion
Optionable
Optionable
Beta
1.31

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Mr. Scott D. Farmer (Age 65)
    Executive Chairman
    Comp: $1.76M
  • Mr. Todd M. Schneider (Age 56)
    CEO, President & Director
    Comp: $3.13M
  • Mr. J. Michael HansenMr. J. Michael Hansen (Age 56)
    CFO & Executive VP
    Comp: $1.66M
  • Mr. David Brock Denton (Age 49)
    Senior VP, Secretary & General Counsel
    Comp: $1.05M
  • Mr. James N. Rozakis (Age 46)
    Executive VP & COO
  • Mr. Matt Hough
    VP & Chief Information Officer
  • Mr. Jared S. Mattingley
    VP, Treasurer, Investor Relations & Corporate Controller
  • Ms. Christy M. Nageleisen
    Vice President of Environment, Social & Governance and Chief Compliance Officer
  • Ms. Michelle Goret
    Vice President of Corporate Affairs
  • Mr. Robert W. Mitchell Jr.
    Chief Marketing Officer

Should I Buy Cintas Stock? CTAS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cintas Co.:

  • Cintas Corporation provides corporate identity uniforms and related business services, which are in high demand in the market.
  • The company operates in the United States, Canada, and Latin America, providing a wide geographic reach for potential growth.
  • Recent developments show that Cintas Co. has been expanding its services in the First Aid and Safety sector, tapping into a new market segment.
  • The current stock price of Cintas Co. is showing a positive trend, indicating potential for capital appreciation.
  • With a focus on facility services, Cintas Co. offers a diversified revenue stream that can help mitigate risks.

Cons

Investors should be bearish about investing in Cintas Co. for these reasons:

  • Cintas Corporation faces competition in the uniform rental and business services industry, which could impact its market share.
  • Fluctuations in the economy could affect the demand for corporate identity uniforms and related services, leading to potential revenue volatility.
  • While the company has been expanding its services, there may be risks associated with entering new market segments.
  • Investing in Cintas Co. may require a long-term perspective due to potential cyclical trends in the industry.
  • External factors such as regulatory changes or global events could impact the company's operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Cintas pros and cons to contact@marketbeat.com.

CTAS Stock Analysis - Frequently Asked Questions

How have CTAS shares performed this year?

Cintas' stock was trading at $602.66 on January 1st, 2024. Since then, CTAS stock has increased by 29.9% and is now trading at $782.95.
View the best growth stocks for 2024 here
.

How were Cintas' earnings last quarter?

Cintas Co. (NASDAQ:CTAS) released its quarterly earnings results on Thursday, July, 18th. The business services provider reported $3.99 earnings per share for the quarter, topping the consensus estimate of $3.80 by $0.19. The company's revenue for the quarter was up 8.2% on a year-over-year basis.
Read the conference call transcript
.

When did Cintas' stock split?

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

Is Cintas doing a stock buyback?

Cintas' Board of Directors approved a stock buyback program on Tuesday, July 23rd 2024, which allows 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 programs are usually an indication that the company's board of directors believes its stock is undervalued.

Does Cintas have any subsidiaries?

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 others.

Who are Cintas' major shareholders?

Cintas' top institutional shareholders include Fort Washington Investment Advisors Inc. OH (1.05%), Impax Asset Management Group plc (0.77%), Legal & General Group Plc (0.77%) and Bank of New York Mellon Corp (0.71%). Insiders that own company stock include Jim Rozakis, J Michael Hansen, Gerald S Adolph, Michael Lawrence Thompson, Joseph Scaminace, Ronald W Tysoe, Melanie W Barstad and Todd M Schneider.
View institutional ownership trends
.

How do I buy shares of Cintas?

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.

What other stocks do shareholders of Cintas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cintas investors own include Johnson & Johnson (JNJ), Mastercard (MA), Visa (V), AbbVie (ABBV), Walt Disney (DIS), Walmart (WMT) and Home Depot (HD).

This page (NASDAQ:CTAS) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners