Barclays analyst Manav Patnaik maintains $Cintas (CTAS.US)$ with a buy rating, and adjusts the target price from $210 to $245.
According to TipRanks data, the analyst has a success rate of 67.7% and a total average return of 12.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Cintas (CTAS.US)$'s main analysts recently are as follows:
The uniform space is perceived to be more captivating than generally anticipated.
The company witnessed an acceleration in growth and maintained robust margin expansion following the fiscal Q1 report.
Q1 results for Cintas were described as 'solid', and the company's management has fine-tuned the guidance range for revenue, EPS, and organic growth, particularly by elevating the lower end. This adjustment is seen as potentially understated, given Cintas's historical pattern of outperforming and then elevating guidance throughout the year. Subsequent to the quarterly disclosure, projections for FY25 and FY26 EPS have been moderately increased.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
