Cintas Co. (NASDAQ:CTAS)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $163.75 and last traded at $161.80, with a volume of 578100 shares. The stock had previously closed at $162.67.

Several equities analysts recently commented on the company. KeyCorp restated an “overweight” rating and set a $174.00 target price (up from $148.00) on shares of Cintas in a research report on Tuesday, December 19th. William Blair restated an “ourperform” rating on shares of Cintas in a research report on Wednesday, September 27th. Oppenheimer restated a “hold” rating on shares of Cintas in a research report on Wednesday, September 27th. BidaskClub upgraded Cintas from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. Finally, Zacks Investment Research cut Cintas from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Cintas currently has a consensus rating of “Hold” and a consensus price target of $153.73.

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.77 and a quick ratio of 1.53. The firm has a market capitalization of $17,470.58, a price-to-earnings ratio of 32.30, a PEG ratio of 2.51 and a beta of 0.87.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings data on Thursday, December 21st. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.04. Cintas had a return on equity of 23.23% and a net margin of 9.23%. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the business earned $1.15 EPS. The company’s revenue for the quarter was up 26.4% compared to the same quarter last year. analysts anticipate that Cintas Co. will post 5.44 earnings per share for the current fiscal year.

In other news, insider James Phillip Holloman sold 12,386 shares of the company’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $160.92, for a total value of $1,993,155.12. Following the completion of the transaction, the insider now directly owns 141,328 shares in the company, valued at approximately $22,742,501.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 18.90% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Cintas by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 9,266,612 shares of the business services provider’s stock valued at $1,167,964,000 after acquiring an additional 191,507 shares during the last quarter. Artisan Partners Limited Partnership lifted its stake in shares of Cintas by 29.1% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,771,864 shares of the business services provider’s stock valued at $255,645,000 after acquiring an additional 398,874 shares during the last quarter. FMR LLC lifted its stake in shares of Cintas by 20.3% in the 2nd quarter. FMR LLC now owns 1,705,533 shares of the business services provider’s stock valued at $214,965,000 after acquiring an additional 288,029 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Cintas by 10,719.0% in the 2nd quarter. Janus Henderson Group PLC now owns 1,113,279 shares of the business services provider’s stock valued at $140,318,000 after acquiring an additional 1,102,989 shares during the last quarter. Finally, Frontier Capital Management Co. LLC lifted its stake in shares of Cintas by 1.4% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,046,259 shares of the business services provider’s stock valued at $150,954,000 after acquiring an additional 14,223 shares during the last quarter. 66.64% of the stock is owned by institutional investors.

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About Cintas

Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.

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