Cintas Corporation (CTAS)

NASDAQ: CTAS · IEX Real-Time Price · USD
704.34
+10.24 (1.48%)
At close: Jul 2, 2024, 4:00 PM
706.00
+1.66 (0.24%)
After-hours: Jul 2, 2024, 7:35 PM EDT
1.48%
Market Cap 71.46B
Revenue (ttm) 9.41B
Net Income (ttm) 1.50B
Shares Out 101.46M
EPS (ttm) 14.49
PE Ratio 48.61
Forward PE 44.77
Dividend $5.40 (0.77%)
Ex-Dividend Date May 14, 2024
Volume 341,287
Open 691.76
Previous Close 694.10
Day's Range 688.81 - 704.67
52-Week Range 474.74 - 719.98
Beta 1.30
Analysts Buy
Price Target 656.31 (-6.82%)
Earnings Date Jul 11, 2024

About CTAS

Cintas Corporation provides 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 service... [Read more]

Sector Industrials
Founded 1968
Employees 44,500
Stock Exchange NASDAQ
Ticker Symbol CTAS
Full Company Profile

Financial Performance

In 2023, Cintas's revenue was $8.82 billion, an increase of 12.24% compared to the previous year's $7.85 billion. Earnings were $1.35 billion, an increase of 9.08%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CTAS stock is "Buy." The 12-month stock price forecast is $656.31, which is a decrease of -6.82% from the latest price.

Price Target
$656.31
(-6.82% downside)
Analyst Consensus: Buy
Stock Forecasts

News

These 4 undervalued stocks could be hidden gems of H2 2024

U.S. stocks did amazingly well in the first half this year and the second half is unlikely to be any different, says Christopher Carey – portfolio manager at Carnegie Investment Counsel. Following are...

Other symbols: DESCHWSYK
1 day ago - Invezz

Cintas Opens Nominations for 2024 C.A.P.E. Awards Honoring Environmental Services Technicians

CINCINNATI--(BUSINESS WIRE)--The C.A.P.E. Awards celebrate EVS staff in acute and long-term care facilities who are at the frontline of patient care.

15 days ago - Business Wire

Cintas Named a Fortune 500 Company for the Seventh Year in a Row

CINCINNATI--(BUSINESS WIRE)--The company's dedication to its more than 1 million customers contributed to improving its position in the annual rankings by Fortune.

22 days ago - Business Wire

Cintas Recognized as One of America's Best Employers for New Graduates by Forbes

CINCINNATI--(BUSINESS WIRE)--The business services leader is recognized for its commitment to hiring and developing young professionals and positioning them for future success.

4 weeks ago - Business Wire

Design Collective Takes Home Six 2024 NAUMD Image of the Year Awards

CHICAGO--(BUSINESS WIRE)--The organization has been recognized for its exquisite designs across a diverse group of clients.

6 weeks ago - Business Wire

Cintas Board of Directors Approves 4-For-1 Stock Split

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS), a leading provider of business-to-business services, today announced that its Board of Directors approved a four-for-one split of its co...

2 months ago - Business Wire

Minnesota Custodian Cleans Up the 2024 Cintas Custodian of the Year Contest

CINCINNATI--(BUSINESS WIRE)--Bob Galewski, from Wabasha-Kellogg High School, has been voted as the grand prize winner of this year's competition.

2 months ago - Business Wire

Forbes Recognizes Cintas as One of the Best Employers for Diversity 2024

CINCINNATI--(BUSINESS WIRE)--Cintas is once again recognized for consistently demonstrating its commitment to championing diversity, equity and inclusion.

2 months ago - Business Wire

Cintas Corporation Announces Quarterly Cash Dividend

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) announced that the Company's Board of Directors approved a quarterly cash dividend of $1.35 per share of common stock payable on June 14,...

3 months ago - Business Wire

Cintas Builds Generative AI-Powered Internal Knowledge Center with Google Cloud

Expanded partnership will improve employee-partner and customer experience with Vertex AI Search CINCINNATI , April 9, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS --  Cintas Corporation  (NASDAQ: C...

3 months ago - PRNewsWire

Cintas Launches Search for 2024 America's Best Restroom®

CINCINNATI--(BUSINESS WIRE)--The public can submit nominations for the nationwide contest now through June 14.

3 months ago - Business Wire

Cintas is Recognized as One of Newsweek's America's Greatest Workplaces for Diversity 2024

CINCINNATI--(BUSINESS WIRE)--Cintas has again been recognized for its ongoing commitment to fostering a diverse and inclusive work environment.

3 months ago - Business Wire

Cramer's Stop Trading: Cintas

CNBC's Jim Cramer explains why he is keeping an eye on shares of Cintas.

3 months ago - CNBC Television

Cintas Stock Pops. It's Raising Guidance After an Earnings Beat.

Cintas expects fiscal-year earnings of $14.80 to $15 a share, up from previous guidance.

3 months ago - Barrons

Cintas Corporation Announces Fiscal 2024 Third Quarter Results

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2024 third quarter ended February 29, 2024. Revenue for the third quarter of fiscal 2024 was $2.41 ...

3 months ago - Business Wire

Cintas Named One of Forbes' America's Best Large Employers

CINCINNATI--(BUSINESS WIRE)--Industry peers and employee-partners continue to recognize Cintas as a great place to work.

3 months ago - Business Wire

Cintas Reveals This Year's Top 10 Finalists in its Custodian of the Year Contest

CINCINNATI--(BUSINESS WIRE)--Public voting is now open for the 11th annual nationwide contest.

3 months ago - Business Wire

Cintas Corporation Announces Webcast for Third Quarter Fiscal Year 2024 Results

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it will release fiscal year 2024 third quarter results on Wednesday, March 27, 2024. The Company will conduct a conf...

3 months ago - Business Wire

Cintas Acquires Paris Uniform Services

CINCINNATI--(BUSINESS WIRE)--Cintas continues to grow with the latest acquisition of a Pennsylvania-based uniform and facility services company.

3 months ago - Business Wire

Cintas Named One of America's Best Workplaces for Women by Newsweek

CINCINNATI--(BUSINESS WIRE)--The company is once again recognized for being committed to creating an equitable workplace for women.

4 months ago - Business Wire

Cintas Acquires Kentucky's SITEX

CINCINNATI--(BUSINESS WIRE)--The business services leader continues to expand its footprint with its latest acquisition.

4 months ago - Business Wire

Cintas Named One of FORTUNE's World's Most Admired Companies

CINCINNATI--(BUSINESS WIRE)--Cintas earns its 16th Most Admired Companies recognition from its industry peers.

5 months ago - Business Wire

Cintas Adds Beverly K. Carmichael as Independent Director to Board

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation today appointed Beverly K. Carmichael to its Board of Directors, effective immediately.

5 months ago - Business Wire

Cintas Corporation Earns NETS Road Safety Achievement Award

CINCINNATI--(BUSINESS WIRE)--Cintas is recognized for advancing overall road safety at the NETS annual Strength IN Numbers® Fleet Safety Benchmark Conference.

6 months ago - Business Wire

11th Annual Nationwide Cintas Custodian of the Year Contest Now Accepting Nominations

CINCINNATI--(BUSINESS WIRE)--School custodians play a vital role in creating a successful learning environment – inside and outside the classroom. However, their extensive schedules and strenuous duti...

6 months ago - Business Wire