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

Aramark (NYSE:ARMK) has been given an average recommendation of “Moderate Buy” by the thirteen analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $56.9583.

A number of analysts recently issued reports on the stock. Morgan Stanley increased their price target on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. UBS Group increased their price target on shares of Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Royal Bank Of Canada increased their price target on shares of Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $54.00 price target on shares of Aramark in a report on Wednesday, May 13th. Finally, Truist Financial increased 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.

Aramark Stock Up 0.4%

ARMK stock opened at $53.53 on Thursday. The firm’s fifty day simple moving average is $49.75 and its 200-day simple moving average is $43.03. The company has a market capitalization of $14.08 billion, a P/E ratio of 39.95, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. Aramark has a 12 month low of $35.07 and a 12 month high of $54.93.

Aramark (NYSE:ARMK) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. During the same period in the prior year, the firm earned $0.35 EPS. The business’s revenue for the quarter was up 14.7% 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 2.24 earnings per share for the current year.

Aramark Dividend Announcement

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

Hedge Funds Weigh In On Aramark

Large investors have recently added to or reduced their stakes in the stock. Activest Wealth Management acquired a new position in Aramark during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new position in Aramark during the third quarter worth $28,000. Cedar Mountain Advisors LLC acquired a new position in Aramark during the first quarter worth $32,000. Kestra Advisory Services LLC acquired a new position in Aramark during the fourth quarter worth $32,000. Finally, Quarry LP acquired a new position in Aramark during the third quarter worth $35,000.

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.