Aramark (NYSE:ARMK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Aramark (NYSE:ARMK) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $48.3750.

Several brokerages have recently weighed in on ARMK. Robert W. Baird set a $50.00 target price on shares of Aramark in a research note on Wednesday, February 11th. Truist Financial lifted their price target on shares of Aramark from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Citigroup increased their price objective on shares of Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. UBS Group set a $47.00 price objective on shares of Aramark and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th.

Hedge Funds Weigh In On Aramark

Several hedge funds have recently bought and sold shares of ARMK. Artisan Partners Limited Partnership boosted its position in Aramark by 166.3% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,131,501 shares of the company’s stock valued at $43,450,000 after buying an additional 706,677 shares during the period. JPMorgan Chase & Co. increased its position in shares of Aramark by 102.3% during the third quarter. JPMorgan Chase & Co. now owns 1,320,269 shares of the company’s stock worth $50,700,000 after acquiring an additional 667,528 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Aramark by 525.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 39,884 shares of the company’s stock worth $1,531,000 after acquiring an additional 33,507 shares during the period. Fisher Asset Management LLC raised its stake in shares of Aramark by 73.5% during the third quarter. Fisher Asset Management LLC now owns 1,468,699 shares of the company’s stock valued at $56,398,000 after acquiring an additional 622,430 shares in the last quarter. Finally, ING Groep NV purchased a new stake in shares of Aramark in the third quarter valued at approximately $3,733,000.

Aramark Price Performance

Shares of Aramark stock opened at $40.52 on Tuesday. The stock has a market cap of $10.65 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.13 and a current ratio of 1.27. The stock has a 50 day moving average price of $39.62 and a 200-day moving average price of $38.65. Aramark has a one year low of $29.92 and a one year high of $44.49.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.76 billion. Aramark had a return on equity of 16.15% and a net margin of 1.69%.Aramark’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities analysts expect that Aramark will post 1.92 EPS for the current year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 18th. Aramark’s dividend payout ratio (DPR) is currently 40.34%.

Aramark Company Profile

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.