Cintas Corp (CTAS) : Q116 Earnings Whisper

Cintas Corporation (CTAS) is set to announce its Q1/16 earnings after the market close on Thursday, Sept. 24. Analysts expect the provider of corporate identity uniforms and related business services to report earnings per share of $0.90 and revenue of $1.17 billion. That would be $0.04 higher the $0.86 per share posted last quarter and $0.12 higher the $0.78 posted in the Q1/15. Revenue is projected to be $70 million higher than the $1.1 billion posted in the same period a year earlier. Meanwhile, reports a whisper number of $0.91 per share.

As a quick reminder, CTAS reported Q4/15 EPS of $0.86, $0.01 better than the Street’s consensus estimate of $0.85. Revs decreased 1.72% year-over-year to $1.14 billion versus the $1.15 billion consensus.

On valuation measures, Cintas Corp. shares are currently priced at 23.84x this year’s forecasted earnings, compared to the industry’s 16.97x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.86 and 20.18, respectively. Price/Sales for the same period is 2.12 while EPS is $3.63. Currently there are 3 analysts that rate CTAS a ‘Buy’, 11 rate it a ‘Hold’. No analyst rates it a ‘Sell’. CTAS has a median Wall Street price target of $90 with a high target of $98.

The chart below shows where the equity has traded over the last year.

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