Cintas posted earnings of $2.81 per share for the quarter ending May 31 2022, topping the Zacks Consensus Estimate of $2.68. The figure is +13.8% higher vs. the year-ago quarter.
Revenues rose +13% from the year-ago quarter to $2,074.7 million, also exceeding the Zacks Consensus Estimate of $2,001 million. Organic revenue grew + 12.7% year over year.
The company’s revenues from the Uniform Rental and Facility Services segment (accounting for about 78.6% of the reported quarter’s net sales) were $1,630.21 million, up +11.1% from the year-ago quarter.
Revenues from the First Aid and Safety Services segment (~ 10.5% of the reported quarter’s net sales) came in at $218.22 million, growing +16.7% year over year.
Revenues from the All Other business (around 10.9% of the reported quarter’s net sales) were $226.25 million, rising +24.4% year over year.
Looking ahead, Cintas expects revenues of $8.47-$8.58 billion for fiscal 2023, compared to the Zacks Consensus Estimate of $8.32 billion. The company projects earnings per share of $11.90-$12.30 for the fiscal year, vs. the Zacks Consensus Estimate of $12.29.
The company is expecting adjusted operating income in the range of $1.68 billion-$1.73 billion in fiscal 2023, compared with $1.55 billion reported in fiscal 2022. Interest expense is predicted to be approximately $110 million for the fiscal year. The company is anticipating an effective tax rate of around 20%, higher than 17.9% in fiscal 2022. The estimated increase in tax rate is likely to have a adverse effect of approximately 32 cents on fiscal 2023 earnings.
The Moving Average Convergence Divergence (MACD) for CTAS turned positive on April 10, 2025. Looking at past instances where CTAS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 30, 2025. You may want to consider a long position or call options on CTAS as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
CTAS moved above its 50-day moving average on April 22, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CTAS crossed bullishly above the 50-day moving average on April 21, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CTAS advanced for three days, in of 366 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 345 cases where CTAS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CTAS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CTAS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (17.271) is normal, around the industry mean (13.559). P/E Ratio (49.264) is within average values for comparable stocks, (77.256). CTAS's Projected Growth (PEG Ratio) (3.860) is very high in comparison to the industry average of (1.764). Dividend Yield (0.008) settles around the average of (0.039) among similar stocks. P/S Ratio (7.645) is also within normal values, averaging (11.727).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of rental and servicing of uniforms and other garments
Industry MiscellaneousCommercialServices