CintasCTAS
About: Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
Employees: 46,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 109
8% more repeat investments, than reductions
Existing positions increased: 508 | Existing positions reduced: 470
0.8% more ownership
Funds ownership: 62.0% [Q3] → 62.8% (+0.8%) [Q4]
1% less funds holding
Funds holding: 1,328 [Q3] → 1,312 (-16) [Q4]
10% less capital invested
Capital invested by funds: $51.4B [Q3] → $46.3B (-$5.1B) [Q4]
19% less call options, than puts
Call options by funds: $259M | Put options by funds: $318M
22% less funds holding in top 10
Funds holding in top 10: 32 [Q3] → 25 (-7) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Goldman Sachs George Tong 52% 1-year accuracy 14 / 27 met price target | 3%upside $211 | Buy Maintained | 20 Dec 2024 |
Truist Securities Jasper Bibb 77% 1-year accuracy 10 / 13 met price target | 5%upside $215 | Buy Maintained | 20 Dec 2024 |
UBS Joshua Chan 64% 1-year accuracy 9 / 14 met price target | 7%upside $218 | Buy Maintained | 20 Dec 2024 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 47 / 54 met price target | 5%upside $215 | Sector Perform Reiterated | 20 Dec 2024 |
Wells Fargo Jason Haas 58% 1-year accuracy 21 / 36 met price target | 10%downside $184 | Underweight Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 8 articles about CTAS published over the past 30 days
