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

Shares of Aramark (NYSE:ARMK) have been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $69.1429.

ARMK has been the topic of several research reports. Weiss Ratings downgraded shares of Aramark from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Oppenheimer upped their price objective on shares of Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Robert W. Baird increased their price objective on shares of Aramark from $63.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Morgan Stanley set a $63.00 target price on shares of Aramark in a research note on Tuesday, August 11th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $70.00 target price on shares of Aramark in a report on Wednesday, August 12th.

Aramark Stock Performance

Shares of NYSE ARMK opened at $56.78 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80. Aramark has a 12 month low of $35.07 and a 12 month high of $62.65. The company has a 50 day simple moving average of $57.72 and a two-hundred day simple moving average of $50.43. The stock has a market cap of $14.97 billion, a price-to-earnings ratio of 39.71, a PEG ratio of 1.00 and a beta of 1.12.

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

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, August 19th. Aramark’s payout ratio is presently 33.57%.

Hedge Funds Weigh In On Aramark

A number of hedge funds have recently modified their holdings of ARMK. Public Employees Retirement System of Ohio acquired a new position in shares of Aramark in the second quarter worth $4,248,000. BlackRock Inc. acquired a new stake in shares of Aramark in the second quarter valued at $1,411,586,000. Entropy Technologies LP purchased a new position in Aramark in the first quarter valued at $2,552,000. Callan Family Office LLC acquired a new position in Aramark during the 2nd quarter worth $2,065,000. Finally, Corient Private Wealth LP acquired a new position in Aramark during the 2nd quarter worth $2,638,000.

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.