Analyst Ratings for Cintas Corp. (CTAS)Updated: 2017-07-19
Analysts covering Cintas Corp. (NASDAQ:CTAS) have given it a consensus rating of Hold. About 30 days ago, CTAS was issued an average rating of Hold.
A buy rating was issued by 4 analysts, 2 issued an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for CTAS. The maximum price target given was 145, which equates to a potential upside of 15.01 percent. The most pessimistic price target was 91, implying potential capital losses of -27.82 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.91 percent on average, compared to last month. That number becomes -0.91 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0 percent. If we look at the last 90 days instead, we find a net average change of -0.33 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CTAS to grow at a rate of 4.93 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. CTAS has a PEG ratio of 5.48.
CTAS has traded between a high of 131.41 and a low of 102.07 over the past year. Today's price is 23.52 percent above the 52-week low, and below the high by 4.06 percent. CTAS has a P/E ratio of 27.02. Investors typically compare the P/E ratio to a company's peers in the industry. The CTAS value stock report compares CTAS to some of its peers using value stock charts. The stock has a market capitalization of $13.21 billion. CTAS's next earnings release will be on 0000-00-00, which is days away.