During the last three months, 11 analysts shared their evaluations of Cintas (NASDAQ:CTAS), revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 6 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 1 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 4 | 1 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $209.73, along with a high estimate of $245.00 and a low estimate of $184.00. This current average represents a 14.08% decrease from the previous average price target of $244.09.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of Cintas's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jason Haas | Wells Fargo | Lowers | Underweight | $184.00 | $191.00 |
| Andrew Wittmann | Baird | Lowers | Neutral | $200.00 | $209.00 |
| Toni Kaplan | Morgan Stanley | Raises | Equal-Weight | $202.00 | $185.00 |
| Manav Patnaik | Barclays | Raises | Overweight | $245.00 | $210.00 |
| Stephanie Moore | Jefferies | Adjusts | Hold | $200.00 | $730.00 |
| George Tong | Goldman Sachs | Raises | Buy | $236.00 | $212.00 |
| Toni Kaplan | Morgan Stanley | Raises | Equal-Weight | $185.00 | $170.00 |
| Jason Haas | Wells Fargo | Raises | Underweight | $191.00 | $184.00 |
| Joshua Chan | UBS | Raises | Buy | $240.00 | $219.00 |
| Ashish Sabadra | RBC Capital | Raises | Sector Perform | $215.00 | $181.00 |
| Andrew Wittmann | Baird | Raises | Neutral | $209.00 | $194.00 |
Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cintas. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cintas compared to the broader market. Price Targets: Gaining insights, analysts provide estimates for the future value of Cintas's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Cintas's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Cintas analyst ratings.
Get to Know Cintas Better
Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
Cintas: Financial Performance Dissected
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Cintas showcased positive performance, achieving a revenue growth rate of 6.8% as of 31 August, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 18.0%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Cintas's ROE stands out, surpassing industry averages. With an impressive ROE of 10.8%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Cintas's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.94% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Cintas's debt-to-equity ratio is below the industry average. With a ratio of 0.71, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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Latest Ratings for CTAS
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Morgan Stanley | Maintains | Equal-Weight | |
| Dec 2021 | Argus Research | Maintains | Buy | |
| Dec 2021 | Morgan Stanley | Maintains | Equal-Weight |
View More Analyst Ratings for CTAS
View the Latest Analyst Ratings
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