On September 25, Cintas rose 3.15% in regular trading, trading at approximately $197.9 per share, with turnover of $2.23 billion. The stock rebounded after a 3.44% sell-the-news decline the prior session, supported by multiple investment banks raising their price targets.
Cintas reported fiscal Q1 revenue of $3.014 billion, up 10.7% year over year, beating the consensus estimate of $2.984 billion. Adjusted EPS came in at $1.39, a 15.8% increase, topping the $1.35 estimate. Management raised full-year fiscal 2027 guidance, now expecting adjusted EPS of $5.45 to $5.54 and revenue of $12.15 billion to $12.27 billion. The quarterly dividend was hiked 15.6% to $0.52 per share. Management emphasized growth was driven by volume gains rather than price increases, with organic growth accelerating to 8.9%.
Goldman Sachs raised its price target to $239 from $231, maintaining a Buy rating. Citigroup lifted its target to $180 from $175. RBC Capital Markets highlighted strong execution across all four segments, noting incremental margin guidance was raised to 32%-34%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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