CintasCTAS
Market Cap: 77.3B
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 generally 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: 44,500
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 78
11% more capital invested
Capital invested by funds: $38.8B [Q4 2023] → $43.1B (+$4.39B) [Q1 2024]
7% more funds holding in top 10
Funds holding in top 10: 29 [Q4 2023] → 31 (+2) [Q1 2024]
4% more funds holding
Funds holding: 1,138 [Q4 2023] → 1,182 (+44) [Q1 2024]
0.99% less ownership
Funds ownership: 63.17% [Q4 2023] → 62.17% (-0.99%) [Q1 2024]
3% less repeat investments, than reductions
Existing positions increased: 430 | Existing positions reduced: 443
17% less call options, than puts
Call options by funds: $236M | Put options by funds: $284M
Research analyst outlook
17 Wall Street Analysts provided 1 year price forecasts over the past 6 months
17 analyst ratings
UBS Joshua Chan | 15%upside $874 | Buy Maintained | 19 Jul 2024 |
Barclays Manav Patnaik | 12%upside $850 | Overweight Maintained | 19 Jul 2024 |
Morgan Stanley Toni Kaplan | 18%downside $625 | Equal-Weight Maintained | 19 Jul 2024 |
Truist Securities Jasper Bibb | 12%upside $850 | Buy Maintained | 19 Jul 2024 |
Stifel Shlomo Rosenbaum | 5%upside $798 | Hold Maintained | 19 Jul 2024 |
Financial journalist opinion
Based on 42 articles about CTAS published over the past 30 days