Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance


Cintas (NASDAQ:CTAS) Updates FY 2025 Earnings Guidance

Cintas (NASDAQ:CTAS - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 4.280-4.340 for the period, compared to the consensus earnings per share estimate of 4.240. The company issued revenue guidance of $10.3 billion-$10.3 billion, compared to the consensus revenue estimate of $10.3 billion. Cintas also updated its FY25 guidance to $4.28-4.34 EPS.

Cintas stock traded down $18.39 during trading hours on Thursday, hitting $186.00. The company had a trading volume of 1,366,565 shares, compared to its average volume of 1,482,343. Cintas has a one year low of $138.39 and a one year high of $228.12. The firm has a 50-day moving average of $215.20 and a 200 day moving average of $203.00. 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 firm has a market cap of $75.01 billion, a PE ratio of 46.97, a PEG ratio of 4.15 and a beta of 1.33.

Cintas (NASDAQ:CTAS - Get Free Report) last posted its earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.08. Cintas had a return on equity of 39.56% and a net margin of 16.80%. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter last year, the firm earned $3.61 earnings per share. The company's revenue was up 7.8% on a year-over-year basis. On average, sell-side analysts expect that Cintas will post 4.23 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 15th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.84%. The ex-dividend date was Friday, November 15th. Cintas's payout ratio is presently 39.39%.

A number of equities analysts have issued reports on the company. The Goldman Sachs Group upped their target price on Cintas from $212.00 to $236.00 and gave the stock a "buy" rating in a report on Thursday, September 26th. Barclays increased their price target on Cintas from $210.00 to $245.00 and gave the stock an "overweight" rating in a report on Friday, September 27th. Wells Fargo & Company boosted their target price on shares of Cintas from $184.00 to $191.00 and gave the company an "underweight" rating in a research report on Thursday, September 26th. Jefferies Financial Group decreased their target price on Cintas from $730.00 to $200.00 and set a "hold" rating for the company in a research report on Thursday, September 26th. Finally, Robert W. Baird boosted their price target on shares of Cintas from $194.00 to $209.00 and gave the company a "neutral" rating in a research note on Thursday, September 26th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $200.77.

View Our Latest Stock Report on 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.

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