Aramark (NYSE:ARMK) Updates FY 2025 Earnings Guidance

Aramark (NYSE:ARMK) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.910-1.980 for the period, compared to the consensus earnings per share estimate of 1.930. The company issued revenue guidance of -. Aramark also updated its FY25 guidance to $1.91-1.98 EPS.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Robert W. Baird upped their target price on shares of Aramark from $44.00 to $45.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th. UBS Group increased their price objective on shares of Aramark from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Aramark from $41.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. The Goldman Sachs Group upped their price target on shares of Aramark from $38.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Finally, Stifel Nicolaus lifted their target price on Aramark from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Aramark presently has an average rating of “Moderate Buy” and an average price target of $42.59.

Aramark Stock Performance

Shares of Aramark stock traded up $0.36 on Wednesday, reaching $38.02. 1,588,585 shares of the company traded hands, compared to its average volume of 1,945,059. Aramark has a 52 week low of $28.51 and a 52 week high of $42.49. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.81 and a quick ratio of 0.72. The company has a 50 day moving average of $38.73 and a 200 day moving average of $37.70. The firm has a market capitalization of $10.07 billion, a PE ratio of 38.55 and a beta of 1.64.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.61 billion. Aramark had a return on equity of 14.06% and a net margin of 1.51%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 EPS. Equities analysts forecast that Aramark will post 1.93 earnings per share for the current year.

Aramark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.105 per share. The ex-dividend date is Monday, February 10th. This represents a $0.42 annualized dividend and a yield of 1.10%. This is a positive change from Aramark’s previous quarterly dividend of $0.00. Aramark’s payout ratio is 42.42%.

Aramark Company Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.