Aramark (NYSE:ARMK) Receives Average Rating of “Moderate Buy” from Analysts

Aramark (NYSE:ARMK) has been given an average rating of “Moderate Buy” by the thirteen brokerages that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $59.2083.

ARMK has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Stifel Nicolaus upped their price target on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Truist Financial raised their price objective on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Bank of America boosted their target price on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada increased their target price on Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th.

Institutional Investors Weigh In On Aramark

Hedge funds and other institutional investors have recently modified their holdings of the stock. Henshaw Capital LLC increased its stake in Aramark by 0.3% during the 1st quarter. Henshaw Capital LLC now owns 76,923 shares of the company’s stock valued at $3,118,000 after purchasing an additional 225 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of Aramark by 5.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 6,444 shares of the company’s stock worth $261,000 after buying an additional 339 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Aramark by 55.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,152 shares of the company’s stock valued at $42,000 after buying an additional 410 shares during the last quarter. Procyon Advisors LLC increased its position in shares of Aramark by 5.3% in the 1st quarter. Procyon Advisors LLC now owns 10,590 shares of the company’s stock valued at $429,000 after acquiring an additional 532 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Aramark by 7.4% in the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock valued at $347,000 after acquiring an additional 573 shares during the period.

Aramark Price Performance

Aramark stock opened at $56.67 on Monday. The business’s 50 day simple moving average is $54.07 and its 200 day simple moving average is $45.48. Aramark has a 12 month low of $35.07 and a 12 month high of $58.68. The company has a market cap of $14.90 billion, a price-to-earnings ratio of 42.29, a PEG ratio of 1.08 and a beta of 1.11. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.During the same quarter in the prior year, the firm earned $0.35 EPS. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts forecast that Aramark will post 2.24 EPS for the current year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were paid a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a yield of 0.8%. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

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.