On Sep 26, major Wall Street analysts update their ratings for $Cintas (CTAS.US)$, with price targets ranging from $191 to $225.
Goldman Sachs analyst George Tong maintains with a buy rating, and sets the target price at $212.
Wells Fargo analyst Jason Haas CFA maintains with a sell rating, and adjusts the target price from $183.75 to $191.
RBC Capital analyst Ashish Sabadra maintains with a hold rating, and adjusts the target price from $181.25 to $215.
Truist Financial analyst Jasper Bibb maintains with a buy rating, and maintains the target price at $225.
Furthermore, according to the comprehensive report, the opinions of $Cintas (CTAS.US)$'s main analysts recently are as follows:
Following Cintas' Q1 earnings surpassing expectations, the company demonstrated 'solid' execution, with its technology and operating efficiency initiatives resulting in 38% incremental margins. A lower tax rate further contributed to the earnings beat and an upward revision in guidance. Nonetheless, there will be ongoing observation for any deceleration in revenue growth in the face of a gentler labor market, as well as the continuance of high incremental margins for the company.
Despite initial cautious survey findings, the first-quarter results for Cintas proved positive. The company's upward revision of its 2025 guidance reflects its consistent strong performance, though valuation factors are the only reason for maintaining the current rating.
Cintas reported Q1 revenue and EPS above expectations and raised its FY25 outlook, which appears conservative, particularly regarding margins. Despite these strong results, the view persists that the shares are valued at a premium with more favorable opportunities anticipated in other areas of coverage.
Here are the latest investment ratings and price targets for $Cintas (CTAS.US)$ from 4 analysts:
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