Aramark (NYSE:ARMK) Receives $55.33 Average PT from Analysts

Shares of Aramark (NYSE:ARMKGet Free Report) have been assigned an average rating of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $56.9583.

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a report on Friday, March 27th. Truist Financial lifted their price target on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Robert W. Baird lifted their price target on shares of Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Oppenheimer lifted their price target on shares of Aramark from $50.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th.

Check Out Our Latest Report on Aramark

Institutional Investors Weigh In On Aramark

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings 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 valued at $50,700,000 after buying an additional 667,528 shares during the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of Aramark by 166.3% during the third 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 last quarter. Junto Capital Management LP purchased a new stake in shares of Aramark during the third quarter valued at $132,157,000. Fisher Asset Management LLC grew its holdings 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 buying an additional 622,430 shares during the last quarter. Finally, Capital International Investors grew its holdings in shares of Aramark by 2.4% during the third quarter. Capital International Investors now owns 24,646,909 shares of the company’s stock valued at $946,455,000 after buying an additional 580,215 shares during the last quarter.

Aramark Stock Performance

Shares of ARMK stock opened at $53.83 on Thursday. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of 40.17, a PEG ratio of 1.11 and a beta of 1.12. The company’s 50 day moving average is $50.18 and its 200 day moving average is $43.26. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. Aramark has a 52-week low of $35.07 and a 52-week high of $54.93.

Aramark (NYSE:ARMKGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. Aramark’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the company posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, sell-side analysts anticipate that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s payout ratio is currently 35.82%.

Aramark Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Aramark (NYSE:ARMK)

Receive News & Ratings for Aramark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aramark and related companies with MarketBeat.com's FREE daily email newsletter.