Analyst Estimates: Here's What Brokers Think Of Cintas Corporation (NASDAQ:CTAS) After Its Second-Quarter Report

Cintas Corporation (NASDAQ:CTAS) came out with its second-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Cintas reported in line with analyst predictions, delivering revenues of US$2.8b and statutory earnings per share of US$1.21, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the current consensus from Cintas' 17 analysts is for revenues of US$11.2b in 2026. This would reflect a reasonable 3.7% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 3.0% to US$4.88. In the lead-up to this report, the analysts had been modelling revenues of US$11.1b and earnings per share (EPS) of US$4.84 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

See our latest analysis for Cintas

The analysts reconfirmed their price target of US$214, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Cintas analyst has a price target of US$255 per share, while the most pessimistic values it at US$172. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Cintas'historical trends, as the 7.6% annualised revenue growth to the end of 2026 is roughly in line with the 9.3% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.9% annually. So it's pretty clear that Cintas is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at US$214, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Cintas analysts - going out to 2028, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Cintas .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.