Aramark (NYSE:ARMK – Get Free Report) had its price target boosted by equities researchers at Robert W. Baird from $63.00 to $69.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Robert W. Baird’s price objective suggests a potential upside of 13.93% from the stock’s previous close.
A number of other equities analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $65.00 target price on shares of Aramark in a research note on Monday, June 29th. Bank of America upped their price target on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Truist Financial upped their price objective on Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Stifel Nicolaus upped their price objective 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. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $51.00 price target on shares of Aramark in a report on Wednesday, May 13th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.21.
Check Out Our Latest Research Report on ARMK
Aramark Stock Performance
Aramark (NYSE:ARMK – Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.94 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. Aramark’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm posted $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities analysts predict that Aramark will post 2.24 EPS for the current year.
Institutional Trading of Aramark
Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in Aramark by 38.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock worth $16,903,000 after acquiring an additional 135,224 shares in the last quarter. Creative Planning increased its position in Aramark by 36.0% in the 2nd quarter. Creative Planning now owns 9,918 shares of the company’s stock worth $415,000 after purchasing an additional 2,625 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after purchasing an additional 573 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Aramark in the second quarter valued at approximately $640,000. Finally, Cerity Partners LLC lifted its stake in shares of Aramark by 61.5% in the 2nd quarter. Cerity Partners LLC now owns 16,097 shares of the company’s stock valued at $674,000 after purchasing an additional 6,127 shares during the last quarter.
More Aramark News
Here are the key news stories impacting Aramark this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates. Aramark reported adjusted EPS of $0.52, above the $0.48 consensus estimate, while revenue rose 9.3% year over year to $5.06 billion, ahead of the $4.94 billion forecast. GAAP diluted EPS increased 34% to $0.36 and operating income rose 18% to $216 million. Aramark fiscal third-quarter earnings report
- Positive Sentiment: Management raised its growth outlook. Aramark increased its fiscal 2026 organic revenue growth forecast to 9%–10%, up from the previous 7%–9% range, while reaffirming its adjusted operating income, adjusted EPS and leverage targets. EPS guidance is $2.18–$2.28, broadly consistent with the $2.25 analyst consensus. Aramark Q3 earnings release
- Positive Sentiment: Broad-based demand and new growth opportunities supported the results. Year-to-date new client wins exceeded $1.6 billion, up 51% from the prior-year period, and client retention reached approximately 98%. Aramark also began serving its first Texas AI data-center site for a global hyperscaler, while its Nexus initiative targets hyperscale data centers and large industrial projects. Aramark earnings call highlights
- Neutral Sentiment: Valuation could limit further gains. After the rally, one Seeking Alpha analysis argued that the stock’s surge warranted a more cautious stance. Aramark’s valuation metrics, including a reported P/E ratio above 45, leave less room for execution disappointments despite the improved outlook. Aramark valuation analysis
- Negative Sentiment: Recent insider activity was entirely selling. Reported data showed two open-market sales by an executive totaling 18,363 shares, with no insider purchases during the period. This is a secondary concern compared with the earnings beat but may temper bullish sentiment. Aramark trading and earnings analysis
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.
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