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

Shares of Aramark (NYSE:ARMK) have been assigned an average recommendation of “Moderate Buy” from the fourteen research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $69.14.

ARMK has been the topic of a number of recent research reports. UBS Group reiterated a “buy” rating on shares of Aramark in a research note on Tuesday, September 8th. JPMorgan Chase & Co. upped their target price on Aramark from $55.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Weiss Ratings raised Aramark from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Oppenheimer lifted their price target on Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Finally, Royal Bank Of Canada boosted their price target on Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th.

Institutional Trading of Aramark

A number of institutional investors have recently modified their holdings of ARMK. BlackRock Inc. bought a new position in shares of Aramark during the 2nd quarter worth approximately $1,411,586,000. Jupiter Topco LLC acquired a new stake in Aramark in the second quarter valued at approximately $1,041,407,000. Capital International Investors boosted its stake in Aramark by 1.0% in the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock valued at $917,789,000 after acquiring an additional 247,594 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Aramark by 0.7% in the fourth quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after purchasing an additional 128,199 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Aramark by 13.8% in the first quarter. Dimensional Fund Advisors LP now owns 7,177,184 shares of the company’s stock worth $290,962,000 after purchasing an additional 868,900 shares during the last quarter.

Aramark Stock Performance

ARMK stock opened at $55.54 on Friday. Aramark has a 1-year low of $35.07 and a 1-year high of $62.65. The business has a 50-day moving average price of $57.48 and a 200 day moving average price of $52.43. The company has a market capitalization of $14.64 billion, a P/E ratio of 38.84, a PEG ratio of 0.79 and a beta of 1.12. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The company had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same period in the prior year, the business earned $0.40 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities research analysts forecast that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, August 19th. Aramark’s payout ratio is 33.57%.

About Aramark

Aramark (NYSE: ARMK) is a provider of food services and facilities management. The company serves businesses, universities, schools, hospitals, sports and entertainment venues, correctional facilities, and other organizations through on-site dining, catering, concessions, refreshment services, and related hospitality offerings.

Its facilities services include custodial services, building operations and maintenance, workplace support, and other services designed to help clients manage their physical environments.