Aramark (NYSE:ARMK) Receives $45.83 Consensus PT from Brokerages

Shares of Aramark (NYSE:ARMK) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $45.8333.

Several research firms have issued reports on ARMK. Morgan Stanley increased their target price on shares of Aramark from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Stifel Nicolaus set a $44.00 price objective on Aramark in a research report on Monday, November 17th. Citigroup boosted their target price on Aramark from $46.50 to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Robert W. Baird lowered their price target on Aramark from $47.00 to $46.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Finally, UBS Group reiterated a “buy” rating on shares of Aramark in a research report on Monday, December 1st.

Aramark Stock Down 0.8%

Shares of NYSE ARMK opened at $37.42 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $9.84 billion, a P/E ratio of 30.67, a P/E/G ratio of 1.32 and a beta of 1.12. Aramark has a 52 week low of $29.92 and a 52 week high of $44.49. The business has a 50-day simple moving average of $37.92 and a two-hundred day simple moving average of $39.47.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Monday, November 17th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The firm had revenue of $5.05 billion during the quarter, compared to analysts’ expectations of $5.16 billion. Aramark had a return on equity of 16.39% and a net margin of 1.76%.The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Research analysts anticipate that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.48 dividend on an annualized basis and a yield of 1.3%. This is a boost from Aramark’s previous quarterly dividend of $0.11. Aramark’s dividend payout ratio is presently 39.34%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL increased its stake in Aramark by 110.3% in the third quarter. Tudor Investment Corp ET AL now owns 10,936 shares of the company’s stock valued at $420,000 after acquiring an additional 5,736 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Aramark by 646.3% in the 3rd quarter. Allworth Financial LP now owns 1,500 shares of the company’s stock worth $58,000 after purchasing an additional 1,299 shares in the last quarter. Swiss Life Asset Management Ltd increased its position in shares of Aramark by 71.3% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 11,849 shares of the company’s stock valued at $455,000 after purchasing an additional 4,933 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Aramark by 102.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,320,269 shares of the company’s stock valued at $50,700,000 after buying an additional 667,528 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in Aramark by 8,753.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,328 shares of the company’s stock worth $51,000 after buying an additional 1,313 shares during the last quarter.

About Aramark

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.