Aramark (NYSE:ARMK) Receives $69.14 Average PT from Brokerages

Shares of Aramark (NYSE:ARMK) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $69.1429.

Several brokerages have recently issued reports on ARMK. Royal Bank Of Canada lifted their price objective on shares of Aramark from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. Robert W. Baird increased their target price on shares of Aramark from $63.00 to $69.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Jefferies Financial Group raised their target price on shares of Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Truist Financial upped their price target on Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a report on Monday, July 27th. Finally, Oppenheimer lifted their target price on Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, June 29th.

Aramark Stock Down 0.9%

Shares of ARMK stock opened at $56.78 on Tuesday. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. The business’s fifty day moving average is $57.71 and its 200-day moving average is $50.23. The stock has a market cap of $14.97 billion, a PE ratio of 39.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.12.

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

Aramark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.12 per share. 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%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aramark during the third quarter valued at approximately $28,000. Cedar Mountain Advisors LLC acquired a new position in Aramark in the 1st quarter worth approximately $32,000. Kestra Advisory Services LLC purchased a new position in Aramark during the 4th quarter worth approximately $32,000. Elevation Wealth Partners LLC grew its position in Aramark by 2,842.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock worth $35,000 after purchasing an additional 597 shares in the last quarter. Finally, Quarry LP acquired a new stake in Aramark during the 3rd quarter valued at $35,000.

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.