Aramark (NYSE:ARMK) Receives $45.83 Consensus Price Target from Analysts

Shares of Aramark (NYSE:ARMK) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $45.8333.

ARMK has been the subject of several recent analyst reports. UBS Group restated a “buy” rating on shares of Aramark in a report on Tuesday, January 6th. Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Stifel Nicolaus set a $44.00 price target on shares of Aramark in a research note on Monday, November 17th. Citigroup increased their price objective on shares of Aramark from $46.50 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Finally, Morgan Stanley boosted their price objective on shares of Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th.

Institutional Investors Weigh In On Aramark

Several institutional investors have recently bought and sold shares of ARMK. Envestnet Asset Management Inc. boosted its holdings in Aramark by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 497,078 shares of the company’s stock worth $20,813,000 after purchasing an additional 16,180 shares during the last quarter. Leeward Investments LLC MA lifted its position in Aramark by 19.8% during the 2nd quarter. Leeward Investments LLC MA now owns 242,407 shares of the company’s stock worth $10,150,000 after buying an additional 40,148 shares in the last quarter. Sunriver Management LLC acquired a new position in shares of Aramark during the 2nd quarter worth about $51,865,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Aramark in the 2nd quarter valued at about $273,000. Finally, Fisher Asset Management LLC acquired a new stake in shares of Aramark in the second quarter valued at about $35,433,000.

Aramark Stock Down 0.6%

Shares of NYSE:ARMK opened at $39.08 on Monday. The company has a 50 day moving average price of $37.83 and a two-hundred day moving average price of $39.09. The company has a market capitalization of $10.27 billion, a PE ratio of 32.03, a PEG ratio of 1.31 and a beta of 1.11. Aramark has a 52 week low of $29.92 and a 52 week high of $44.49. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.88 and a current ratio of 0.99.

Aramark (NYSE:ARMK) last released its quarterly earnings data on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The firm had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.16 billion. Aramark had a net margin of 1.76% and a return on equity of 16.39%. Aramark’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Analysts forecast that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th were given a dividend of $0.12 per share. This is an increase from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, December 5th. Aramark’s payout ratio is currently 39.34%.

About Aramark

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.