Cintas Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Cintas stock have an average target of 653.23, with a low estimate of 441 and a high estimate of 790. The average target predicts a decrease of -5.71% from the current stock price of 692.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$441	$653.23	$700	$790
Change	-36.34%	-5.71%	+1.04%	+14.04%

* Price targets were last updated on Mar 28, 2024.

Analyst Ratings

The average analyst rating for Cintas stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	5	4	4	4	5	5
Buy	3	4	4	4	4	4
Hold	5	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	14	14	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Tong Goldman Sachs	Goldman Sachs	Strong Buy Maintains n/a	Strong Buy	Maintains	n/a	n/a	Apr 1, 2024
Scott Schneeberger Oppenheimer	Oppenheimer	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Apr 1, 2024
Faiza Alwy Deutsche Bank	Deutsche Bank	Hold Maintains $629 → $726	Hold	Maintains	$629 → $726	+4.80%	Mar 28, 2024
George Tong Goldman Sachs	Goldman Sachs	Strong Buy Maintains $673 → $765	Strong Buy	Maintains	$673 → $765	+10.43%	Mar 28, 2024
Ashish Sabadra RBC Capital	RBC Capital	Buy Maintains $675 → $725	Buy	Maintains	$675 → $725	+4.65%	Mar 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.79B

from 8.82B

10.99%

from 8.82B

Revenue Next Year

10.48B

from 9.79B

7.08%

from 9.79B

EPS This Year

15.26

from 12.99

17.46%

from 12.99

EPS Next Year

16.79

from 15.26

10.04%

from 15.26

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	6.89B	7.09B	7.12B	7.85B	8.82B	9.79B	10.48B	11.21B	12.30B	13.31B	14.37B
Revenue Growth	6.42%	2.80%	0.44%	10.37%	12.24%	10.99%	7.08%	7.02%	9.70%	8.16%	8.01%
EPS	7.99	8.11	10.24	11.65	12.99	15.26	16.79	18.42	18.51	20.20	21.95
EPS Growth	5.69%	1.50%	26.26%	13.77%	11.50%	17.46%	10.04%	9.71%	0.52%	9.09%	8.69%
No. Analysts	-	-	-	-	-	22	22	14	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	10.1B	10.9B	12.0B	12.7B	13.7B	14.8B
Avg	9.8B	10.5B	11.2B	12.3B	13.3B	14.4B
Low	9.4B	10.0B	10.6B	11.8B	12.8B	13.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	14.4%	11.8%	14.1%	12.9%	11.3%	11.2%
Avg	11.0%	7.1%	7.0%	9.7%	8.2%	8.0%
Low	6.5%	2.2%	1.4%	5.4%	3.9%	3.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	15.80	17.90	20.42	19.06	20.79	22.60
Avg	15.26	16.79	18.42	18.51	20.20	21.95
Low	14.57	15.80	17.16	17.79	19.40	21.09

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	21.7%	17.3%	21.6%	3.5%	12.3%	11.9%
Avg	17.5%	10.0%	9.7%	0.5%	9.1%	8.7%
Low	12.2%	3.5%	2.2%	-3.4%	4.8%	4.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.