CintasCTAS
About: Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Employees: 46,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
52% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 85
4% more funds holding
Funds holding: 1,202 [Q1] → 1,246 (+44) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 477 | Existing positions reduced: 439
1% more capital invested
Capital invested by funds: $43.8B [Q1] → $44.3B (+$466M) [Q2]
0.81% less ownership
Funds ownership: 63.18% [Q1] → 62.37% (-0.81%) [Q2]
13% less funds holding in top 10
Funds holding in top 10: 31 [Q1] → 27 (-4) [Q2]
17% less call options, than puts
Call options by funds: $152M | Put options by funds: $184M
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Barclays Manav Patnaik 82% 1-year accuracy 28 / 34 met price target | 15%upside $245 | Overweight Maintained | 27 Sept 2024 |
Jefferies Stephanie Moore 77% 1-year accuracy 10 / 13 met price target | 6%downside $200 | Hold Maintained | 26 Sept 2024 |
Goldman Sachs George Tong 74% 1-year accuracy 14 / 19 met price target | 10%upside $236 | Buy Maintained | 26 Sept 2024 |
Morgan Stanley Toni Kaplan 86% 1-year accuracy 12 / 14 met price target | 13%downside $185 | Equal-Weight Maintained | 26 Sept 2024 |
Wells Fargo Jason Haas 85% 1-year accuracy 17 / 20 met price target | 11%downside $191 | Underweight Maintained | 26 Sept 2024 |
Financial journalist opinion
Based on 31 articles about CTAS published over the past 30 days