Cintas Corporation: Stock Performance & Analyst Outlook

Cintas Corporation, a Cincinnati-based company offering corporate uniforms and business services, has seen its stock underperform the broader market recently, with a year-over-year drop of 16.1%. However, the company beat Wall Street expectations in its first-quarter results, reporting earnings per share of $1.20 and revenue of $2.72 billion. Cintas projects full-year earnings per share between $4.74 and $4.86 and revenue between $11.1 and $11.2 billion, with analysts forecasting a 9.8% increase in earnings per share for the current fiscal year. Despite the recent stock performance, the overall sentiment among analysts is a Moderate Buy, with an average price target of $220.12, indicating a potential upside of 18.5% from current levels.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.