Aramark (NYSE:ARMK) gapped down before the market opened on Monday . The stock had previously closed at $32.65, but opened at $31.98. Aramark shares last traded at $31.41, with a volume of 5320134 shares trading hands.

A number of equities research analysts recently weighed in on the stock. Nomura reaffirmed a “buy” rating and set a $46.00 price target on shares of Aramark in a report on Monday. Goldman Sachs Group lowered shares of Aramark from a “buy” rating to a “neutral” rating in a report on Monday. Credit Suisse Group lowered their price target on shares of Aramark from $53.00 to $44.00 and set an “outperform” rating for the company in a report on Wednesday, February 6th. Zacks Investment Research raised shares of Aramark from a “sell” rating to a “hold” rating in a report on Friday, January 18th. Finally, Berenberg Bank raised shares of Aramark from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Thursday, January 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. Aramark currently has a consensus rating of “Buy” and a consensus target price of $42.27.

The company has a current ratio of 1.21, a quick ratio of 1.04 and a debt-to-equity ratio of 2.28. The company has a market cap of $7.88 billion, a P/E ratio of 15.78, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20.

Aramark (NYSE:ARMK) last posted its quarterly earnings data on Tuesday, February 5th. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.08. Aramark had a net margin of 3.27% and a return on equity of 17.81%. The firm had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.19 billion. During the same period in the prior year, the firm posted $0.59 EPS. The firm’s revenue was up 7.6% compared to the same quarter last year. As a group, sell-side analysts expect that Aramark will post 2.12 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Thursday, February 14th will be paid a dividend of $0.11 per share. The ex-dividend date is Wednesday, February 13th. This represents a $0.44 dividend on an annualized basis and a yield of 1.40%. Aramark’s dividend payout ratio (DPR) is 22.11%.

In other Aramark news, CEO Eric J. Foss purchased 92,564 shares of Aramark stock in a transaction dated Wednesday, December 12th. The shares were bought at an average cost of $32.46 per share, for a total transaction of $3,004,627.44. Following the transaction, the chief executive officer now owns 1,679,407 shares in the company, valued at approximately $54,513,551.22. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Stephen I. Sadove purchased 6,000 shares of Aramark stock in a transaction dated Thursday, December 13th. The stock was acquired at an average price of $32.72 per share, for a total transaction of $196,320.00. Following the completion of the transaction, the director now owns 37,314 shares in the company, valued at approximately $1,220,914.08. The disclosure for this purchase can be found here. Company insiders own 3.50% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. First Hawaiian Bank lifted its position in shares of Aramark by 48.3% in the 4th quarter. First Hawaiian Bank now owns 1,366 shares of the company’s stock worth $40,000 after buying an additional 445 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Aramark by 985.5% in the 3rd quarter. IFP Advisors Inc now owns 2,399 shares of the company’s stock worth $103,000 after buying an additional 2,178 shares during the last quarter. Pearl River Capital LLC bought a new position in shares of Aramark in the 4th quarter worth about $72,000. Captrust Financial Advisors lifted its position in shares of Aramark by 236.4% in the 3rd quarter. Captrust Financial Advisors now owns 4,413 shares of the company’s stock worth $190,000 after buying an additional 3,101 shares during the last quarter. Finally, Asset Management Group Inc. bought a new position in shares of Aramark in the 3rd quarter worth about $201,000. Institutional investors own 99.97% of the company’s stock.

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Aramark Company Profile (NYSE:ARMK)

Aramark provides food, facilities management, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It operates in three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel.

Further Reading: Balance Sheet

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