Headlines about Aramark (NYSE:ARMK) have trended somewhat positive on Friday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aramark earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.2874414383792 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of Aramark from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 18th. Royal Bank of Canada increased their price target on shares of Aramark from $44.00 to $47.00 and gave the company an “outperform” rating in a report on Tuesday, October 17th. Stifel Nicolaus assumed coverage on shares of Aramark in a report on Tuesday, December 19th. They set a “buy” rating and a $50.00 price target on the stock. Barclays reiterated a “hold” rating and set a $45.00 price target on shares of Aramark in a report on Thursday, October 19th. Finally, Nomura increased their price target on shares of Aramark from $45.00 to $47.00 and gave the company a “buy” rating in a report on Tuesday, October 17th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $45.86.

Aramark (NYSE ARMK) traded down $0.16 during trading hours on Friday, hitting $42.72. 1,995,082 shares of the stock were exchanged, compared to its average volume of 1,208,050. Aramark has a 1 year low of $32.87 and a 1 year high of $44.12. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.11. The stock has a market capitalization of $10,470.00, a PE ratio of 28.86, a price-to-earnings-growth ratio of 1.83 and a beta of 0.47.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, November 14th. The company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.02. Aramark had a net margin of 2.56% and a return on equity of 19.29%. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.70 billion. During the same quarter in the prior year, the company posted $0.49 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. sell-side analysts forecast that Aramark will post 1.96 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 7th. Investors of record on Monday, November 27th were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, November 24th. This represents a $0.42 annualized dividend and a yield of 0.98%. This is a boost from Aramark’s previous quarterly dividend of $0.10. Aramark’s dividend payout ratio (DPR) is currently 28.38%.

In related news, Director Sanjeev K. Mehra bought 19,640 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were bought at an average price of $40.75 per share, for a total transaction of $800,330.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.90% of the company’s stock.

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Aramark Company Profile

Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform).

Insider Buying and Selling by Quarter for Aramark (NYSE:ARMK)

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