Press coverage about Aramark (NYSE:ARMK) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aramark earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.6929241060906 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of Aramark (NYSE ARMK) traded down $1.54 during trading on Tuesday, reaching $42.55. 3,207,653 shares of the company’s stock traded hands, compared to its average volume of 1,197,390. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.11. Aramark has a 12-month low of $34.74 and a 12-month high of $46.09. The company has a market capitalization of $11,125.04, a PE ratio of 28.56, a PEG ratio of 1.92 and a beta of 0.51.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.51 by $0.08. Aramark had a net margin of 2.56% and a return on equity of 19.29%. The firm had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $3.88 billion. During the same period in the previous year, the business earned $0.55 earnings per share. Aramark’s revenue for the quarter was up 6.2% compared to the same quarter last year. equities research analysts anticipate that Aramark will post 1.96 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Wednesday, February 14th will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Tuesday, February 13th. Aramark’s dividend payout ratio (DPR) is presently 28.19%.

A number of equities research analysts recently weighed in on ARMK shares. Barclays lifted their price objective on shares of Aramark from $45.00 to $47.00 and gave the company an “equal weight” rating in a research note on Friday, December 22nd. Nomura cut their price objective on shares of Aramark from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Zacks Investment Research upgraded shares of Aramark from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. BidaskClub upgraded shares of Aramark from a “hold” rating to a “buy” rating in a research report on Wednesday, October 18th. Finally, Morgan Stanley boosted their price target on shares of Aramark from $41.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $47.13.

In related news, Director Sanjeev K. Mehra purchased 19,640 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were purchased at an average price of $40.75 per share, with a total value of $800,330.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 3.30% of the stock is currently owned by insiders.

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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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