7 stories mentioning CTASUpdated 3d ago
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Cintas Raises Quarterly Dividend to $0.52 a Share From $0.45, Payable on Sept. 15 to Shareholders of Record as of Aug. 14
Cintas' (CTAS) organic growth acceleration and margin expansion in fiscal Q4 reflect "disciplined" execution and its strategic focus on key growth verticals, RBC Capital Markets analysts said in a Wednesday note.Analysts said that despite headwinds from elevated fuel costs, Cintas' fiscal 2027 incremental margin growth guidance of 30% to 32% is aligned with its mid-term target range of 25% to 35%.Cintas' acquisition of UniFirst (UNF) is on track to close in H2, positioning the company for significant revenue and cost synergies that will likely boost both top-line and earnings, RBC said.The high end of Cintas' fiscal 2027 adjusted earnings per share guidance of $5.36 to $5.50 is above consensus estimates, and considering the company's track record of consistently beating expectations, upside potential to estimates appears meaningful, analysts said.RBC has a sector perform rating on the stock and a $206 price target.Price: $204.13, Change: $+11.76, Percent Change: +6.11%
Cintas (CTAS) has an average rating of overweight and mean price target of $222.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $203.57, Change: $+11.20, Percent Change: +5.82%
Cintas (CTAS) has an average rating of overweight and mean price target of $222.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Cintas (CTAS) has an average rating of overweight and mean price target of $222.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Cintas (CTAS) is expected to beat fiscal Q4 estimates amid headwinds from higher energy costs, RBC Capital Markets said in a Thursday note.The report said incremental margins in the low-to-mid 30% range can offset headwinds from energy costs and some 8% organic growth despite tougher year-over-year comparisons."Strong momentum should drive the upper end of FY27 guidance above our and consensus estimates," the note said.On the UniFirst (UNF) acquisition, the note said deal closing is highly probable without requiring branch divestitures.RBC has a sector perform rating and $206 price target on Cintas.Price: $172.55, Change: $-0.52, Percent Change: -0.30%
Cintas Keeps Quarterly Dividend at $0.45 a Share, Payable June 15 to Shareholders of Record as of May 15
