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. It also offers first aid and safety services, and fire protection products and services. The company provides its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.
IPO Year: 1983
Exchange: NASDAQ
Website: cintas.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2024 | $735.00 | Underweight | Wells Fargo |
| 8/9/2024 | $670.00 | Neutral | Redburn Atlantic |
| 7/19/2024 | $750.00 → $775.00 | Outperform → Neutral | Robert W. Baird |
| 7/15/2024 | $725.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 5/24/2024 | $530.00 → $570.00 | Neutral → Sell | Citigroup |
| 3/28/2024 | $700.00 → $790.00 | Buy | BofA Securities |
| 3/28/2024 | $675.00 → $725.00 | Outperform | RBC Capital Mkts |
| 3/28/2024 | $680.00 → $790.00 | Buy | UBS |
| 3/28/2024 | $629.00 → $726.00 | Hold | Deutsche Bank |
| 3/28/2024 | $660.00 → $750.00 | Outperform | Robert W. Baird |
The report highlights the organization's ambitions and progress in operational efficiency and environmental and social sustainability. Cintas Corporation (NASDAQ:CTAS) today published its latest Sustainability Report, detailing the company's sustainability ambitions in the Fiscal Year 2024, which ended May 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121991970/en/Cintas published its latest Sustainability Report, detailing the company's sustainability ambitions in the Fiscal Year 2024, which ended May 31, 2024. (Graphic: Business Wire) >>> Click here for the 2024 Sustainability Report: https://cint.as/sustainabi
Cintas Corporation (NASDAQ:CTAS) announced that the Company's Board of Directors approved a quarterly cash dividend of $0.39 per share of common stock payable on March 14, 2025, to shareholders of record at the close of business on February 14, 2025. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas' initial public offering 41 years ago in 1983. Any future dividend declarations, including the amount of any dividends, are at the discretion of the Board of Directors and dependent upon then-existing conditions, including the Company's operating results and financial condition, capital requirements, contractual
The public can nominate a hardworking school custodian now through February 7 Cintas Corporation (NASDAQ:CTAS) launched its 12th annual Cintas Custodian of the Year contest, which honors exceptional school custodians. From now through February 7, the public can submit their custodian nominations at custodianoftheyear.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113934100/en/The public can nominate a hardworking school custodian now through February 7. (Graphic: Business Wire) "Beyond cleaning and maintenance, school custodians often make our schools and universities feel like home," said Emily Ramos, Director of Mark
Proposal represents 46% premium to UniFirst's 90-day average price as of January 6, 2025 Combination would accelerate benefits to customers, employee-partners and shareholders from ongoing technology investments Cintas Corporation (NASDAQ:CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE:UNF) to acquire all outstanding common and class B shares of UniFirst for $275.00 per share (the "Proposal") in cash. The Proposal implies a total value for UniFirst of approximately $5.3 billion and offers UniFirst shareholders a 46% premium to UniFirst's ninety-day average closing price as of January 6, 2025. The Proposal was initially deliver
This achievement marks the company's inaugural placement on this distinguished list. Cintas Corporation (NASDAQ:CTAS) has been named to The Wall Street Journal's Best-Managed Companies of 2024. This milestone marks the company's debut appearance on this esteemed list. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106164276/en/As a leader in the business services industry, Cintas is committed to excellence across all facets of its operations. (Photo: Business Wire) This ranking, developed by the Drucker Institute, grades American publicly traded companies based on corporate management effectiveness by examining performance
Cintas Corporation (NASDAQ:CTAS) today reported results for its fiscal 2025 second quarter ended November 30, 2024. Revenue for the second quarter of fiscal 2025 was $2.56 billion compared to $2.38 billion in last year's second quarter, an increase of 7.8%. The organic revenue growth rate for the second quarter of fiscal 2025, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.1%. Gross margin for the second quarter of fiscal 2025 was $1.28 billion compared to $1.14 billion in last year's second quarter, an increase of 11.8%. Gross margin as a percentage of revenue was 49.8% for the second quarter of fiscal 2025 compared to 48.0% in last y
The business services leader is recognized for its commitment to building and upholding trust with its employee-partners and customers. Cintas Corporation (NASDAQ:CTAS) has been recognized by Forbes as one of America's Most Trusted Companies for its consistent efforts in building and upholding trust. The business services leader ranked 96 out of 2,000 companies evaluated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216747162/en/Cintas is recognized for its commitment to building and upholding trust with its employee-partners and customers. (Graphic: Business Wire) "At Cintas, honesty and integrity are the cornerstones of
Cintas Corporation (NASDAQ:CTAS) today announced that it will release fiscal year 2025 second quarter results on Thursday, December 19, 2024. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Thursday, December 19, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For those unable to listen to the live webcast, a replay will be available on the Company's website beginning approximately two hours after the completion of the live call and will remain available for two weeks. Abo
OSHA's Voluntary Protection Program (VPP) Star recognizes Cintas location as a top worksite for health and safety management and practices The Occupational Safety and Health Administration (OSHA) formally honored Cintas Corporation's (NASDAQ:CTAS) Rental Division in Joplin, Missouri as a VPP Star-certified location. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114907616/en/Cintas employee-partners at the Joplin location come together to celebrate their VPP certification. (Photo: Business Wire) OSHA established the VPP Star program to recognize outstanding worksites that have implemented effective and comprehensive health
Cintas Corporation (NASDAQ:CTAS) announced that the Company's Board of Directors approved a quarterly cash dividend of $0.39 per share of common stock payable on December 13, 2024, to shareholders of record at the close of business on November 15, 2024. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas' initial public offering 41 years ago in 1983. Any future dividend declarations, including the amount of any dividends, are at the discretion of the Board of Directors and dependent upon then-existing conditions, including the Company's operating results and financial condition, capital requirements, contractua
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Wells Fargo initiated coverage of Cintas with a rating of Underweight and set a new price target of $735.00
Redburn Atlantic initiated coverage of Cintas with a rating of Neutral and set a new price target of $670.00
Robert W. Baird downgraded Cintas from Outperform to Neutral and set a new price target of $775.00 from $750.00 previously
RBC Capital Mkts downgraded Cintas from Outperform to Sector Perform and set a new price target of $725.00
Citigroup downgraded Cintas from Neutral to Sell and set a new price target of $570.00 from $530.00 previously
BofA Securities reiterated coverage of Cintas with a rating of Buy and set a new price target of $790.00 from $700.00 previously
RBC Capital Mkts reiterated coverage of Cintas with a rating of Outperform and set a new price target of $725.00 from $675.00 previously
Deutsche Bank reiterated coverage of Cintas with a rating of Hold and set a new price target of $726.00 from $629.00 previously
UBS reiterated coverage of Cintas with a rating of Buy and set a new price target of $790.00 from $680.00 previously
Robert W. Baird reiterated coverage of Cintas with a rating of Outperform and set a new price target of $750.00 from $660.00 previously
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Paychex Chairman joins Cintas with expertise in B2B technological innovation and digital transformation Cintas Corporation (NASDAQ:CTAS) today elected Martin "Marty" Mucci to its Board of Directors, effective immediately. Mucci's appointment expands the size of Cintas' Board to 10 Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230411005756/en/Cintas Corporation today elected Martin "Marty" Mucci to its Board of Directors, effectively immediately. Mucci will be an independent director and his appointment expands the size of Cintas' Board to 10 Directors. Mucci is currently Chairman of the Board at Rochester, N.Y.-bas
Frooman to step down from Cintas after 20 years, with the corporation's lead outside counsel formally joining the company to head legal operations. Cintas Corporation (NASDAQ:CTAS) today announced Thomas E. Frooman, Senior Vice President, General Counsel and Secretary, will retire on July 31, 2021. D. Brock Denton, the corporation's long-time lead outside counsel at Keating Muething & Klekamp, PLL, will replace Frooman as Senior Vice President, General Counsel and Secretary beginning Aug. 1, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210426005509/en/D. Brock Denton will become Cintas Corporation's Senior Vice President
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (NASDAQ:CTAS) today announced Scott D. Farmer, Cintas Chairman & Chief Executive Officer, will retire as CEO on May 31, 2021. Mr. Farmer will remain Executive Chairman, a role he has held since 2016. The company also announced that its Board of Directors has increased the number of Directors from 8 to 9 and elected Todd M. Schneider as Chief Executive Officer & President and a Director of the company, effective June 1, 2021. “It has been a great privilege to serve as Cintas’ CEO for 18 years. The company has grown and changed significantly over that time but our core values and the culture that binds our employee-partners together
Cintas Corporation (NASDAQ:CTAS) today reported results for its fiscal 2025 second quarter ended November 30, 2024. Revenue for the second quarter of fiscal 2025 was $2.56 billion compared to $2.38 billion in last year's second quarter, an increase of 7.8%. The organic revenue growth rate for the second quarter of fiscal 2025, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.1%. Gross margin for the second quarter of fiscal 2025 was $1.28 billion compared to $1.14 billion in last year's second quarter, an increase of 11.8%. Gross margin as a percentage of revenue was 49.8% for the second quarter of fiscal 2025 compared to 48.0% in last y
Cintas Corporation (NASDAQ:CTAS) today announced that it will release fiscal year 2025 second quarter results on Thursday, December 19, 2024. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Thursday, December 19, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For those unable to listen to the live webcast, a replay will be available on the Company's website beginning approximately two hours after the completion of the live call and will remain available for two weeks. Abo
Cintas Corporation (NASDAQ:CTAS) today reported results for its fiscal 2025 first quarter ended August 31, 2024. Revenue for the first quarter of fiscal 2025 was $2.50 billion compared to $2.34 billion in last year's first quarter. First quarter revenue growth was 6.8%, which was negatively impacted by one less workday in the first quarter of fiscal 2025 compared to the first quarter of fiscal 2024. On a same workday basis, first quarter revenue growth was 8.4%. The organic revenue growth rate for the first quarter of fiscal 2025, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and differences in the number of workdays, was 8.0%. Gross margin for
Cintas Corporation (NASDAQ:CTAS) today announced that it will release fiscal year 2025 first quarter results on Wednesday, September 25, 2024. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Wednesday, September 25, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For those unable to listen to the live webcast, a replay will be available on the Company's website beginning approximately two hours after the completion of the live call and will remain available for two weeks. Ci
Cintas Corporation (NASDAQ:CTAS) today reported results for its fiscal 2024 fourth quarter ended May 31, 2024. Revenue for the fourth quarter of fiscal 2024 was $2.47 billion compared to $2.28 billion in last year's fourth quarter, an increase of 8.2%. The organic revenue growth rate for the fourth quarter of fiscal 2024, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and workday differences, was 7.5%. Gross margin for the fourth quarter of fiscal 2024 was $1,215.4 million compared to $1,088.8 million in last year's fourth quarter, an increase of 11.6%. Gross margin as a percentage of revenue was 49.2% for the fourth quarter of fiscal 2024 compa
Cintas Corporation (NASDAQ:CTAS) today announced that it will release fiscal year 2024 fourth quarter and full year results on Thursday, July 18, 2024. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Thursday, July 18, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For those unable to listen to the live webcast, a replay will be available on the Company's website beginning approximately two hours after the completion of the live call and will remain available for two weeks.
Stock split to increase accessibility to all investors, including Cintas employee-partners. 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 common stock. Shareholders of record, as of September 4, 2024, will receive three additional shares for each share held, which will be distributed after market close on September 11, 2024. Cintas' shares are expected to begin trading on a post-split basis at the market open on Thursday, September 12, 2024. Prior to this announcement, Cintas' most recent stock split was in 2000. "At Cintas, we call our employees ‘partners' in recogn
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 billion compared to $2.19 billion in last year's third quarter, an increase of 9.9%. The organic revenue growth rate for the third quarter of fiscal 2024, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and differences in the number of workdays, was 7.7%. Gross margin for the third quarter of fiscal 2024 was $1.19 billion compared to $1.03 billion in last year's third quarter, an increase of 14.9%. Gross margin as a percentage of revenue was 49.4% for the third quarter of fiscal
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 conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Wednesday, March 27, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For those unable to listen to the live webcast, a replay will be available on the Company's website beginning approximately two hours after the completion of the live call and will remain available for two weeks. About Ci
Cintas continues to grow with the latest acquisition of a Pennsylvania-based uniform and facility services company. Cintas Corporation (NASDAQ:CTAS) has acquired Paris Uniform Services, a Pennsylvania-based, family-owned supplier of uniform and facility services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240313329070/en/Cintas Corporation has acquired Paris Uniform Services, a Pennsylvania-based, family-owned supplier of uniform and facility services. (Photo: Business Wire) Paris Uniform Services was founded in 1978 as a subsidiary of Paris Cleaners. Prior to the acquisition, David Stern served as CEO of the company. Par