On July 16, Cintas rose 5.27% in regular trading, trading at approximately $204.21/share, with turnover of $59.67 million. The move was driven by the company's better-than-expected fiscal Q4 results and subsequent analyst upgrades.
Cintas reported adjusted EPS of $1.29, beating the consensus estimate of $1.24 by 4.03% and representing an 18.35% year-over-year increase. Revenue came in at $2.905 billion, exceeding analyst estimates of $2.873 billion. Additionally, the company issued FY27 revenue guidance of $12.10 billion to $12.25 billion, with both the midpoint and upper end surpassing the FactSet consensus of $12.07 billion.
Following the results, Wells Fargo raised its price target on Cintas from $245 to $250 while maintaining an Overweight rating. RBC Capital Markets had previously anticipated a Q4 beat, noting that incremental margins in the low-to-mid 30% range could offset energy cost headwinds, supported by approximately 8% organic growth momentum.
(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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