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Cintas Corporation (CTAS), headquartered in Cincinnati, Ohio, provides corporate identity uniforms and a wide range of business support services across the United States, Canada, and Latin America. With a market cap of $89.1 billion, the company operates through key segments including Uniform Rental and Facility Services, First Aid and Safety Services, and Other specialized offerings.
The company is expected to announce its Q4 results on Thursday, Jul. 17. Ahead of the event, analysts expect CTAS to report an EPS of $1.07, up 7% from $1 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters by notable margins.
For the current year, CTAS is expected to deliver an EPS of $4.39, rising 15.8% from $3.79 reported in fiscal 2024.
CTAS stock has soared 24.1% over the past 52 weeks, notably outperforming the S&P 500 Index’s ($SPX) 12.6% returns and the Industrial Select Sector SPDR Fund’s (XLI) 20.5% gains during the same time frame.
Cintas' stock prices surged 5.8% after the release of its impressive Q3 results on Mar. 26. Revenue rose 8.4% year-over-year to $2.6 billion, fueled by solid organic growth across all segments and contributions from recent acquisitions. The company’s disciplined cost control led to improved margins, while net income jumped 16.6% from the prior year to $463.5 million. Further, EPS reached $1.13, surpassing consensus estimates by 7.6%,
The consensus view on CTAS stock is neutral, with a “Hold” rating overall. Of the 19 analysts covering the stock, opinions include seven “Strong Buys,” eight “Holds,” one “Moderate Sell,” and three “Strong Sells.”
While CTAS currently hovers above its mean price target of $215.31, its Street-high target of $250 implies an upswing potential of 13.3% from the prevailing price level.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
