Aramark (NYSE:ARMK) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Aramark (NYSE:ARMK) have earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $45.6667.

Several analysts have weighed in on the company. Stifel Nicolaus set a $44.00 price target on Aramark in a research note on Monday, November 17th. Robert W. Baird decreased their target price on Aramark from $47.00 to $46.00 and set an “outperform” rating for the company in a report on Tuesday, November 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Aramark in a report on Tuesday, October 14th. Baird R W upgraded shares of Aramark from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. Finally, Morgan Stanley dropped their price objective on shares of Aramark from $44.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 18th.

Hedge Funds Weigh In On Aramark

Institutional investors have recently made changes to their positions in the company. Junto Capital Management LP purchased a new stake in Aramark in the third quarter valued at $132,157,000. Norges Bank acquired a new stake in shares of Aramark during the 2nd quarter worth about $135,218,000. AQR Capital Management LLC increased its position in shares of Aramark by 281.1% during the 3rd quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock worth $129,296,000 after purchasing an additional 2,484,319 shares during the last quarter. Fiduciary Management Inc. WI lifted its position in Aramark by 13.8% in the first quarter. Fiduciary Management Inc. WI now owns 13,037,630 shares of the company’s stock valued at $450,059,000 after buying an additional 1,582,890 shares during the last quarter. Finally, Soros Fund Management LLC purchased a new position in Aramark during the second quarter worth about $64,902,000.

Aramark Stock Down 0.3%

Aramark stock opened at $37.17 on Friday. Aramark has a 1-year low of $29.92 and a 1-year high of $44.49. The business has a fifty day moving average price of $38.36 and a 200-day moving average price of $39.75. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.29 and a quick ratio of 1.14. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 27.53 and a beta of 1.24.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Monday, November 17th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.08). The business had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.16 billion. Aramark had a return on equity of 15.67% and a net margin of 2.02%.Aramark’s revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 EPS. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Equities research analysts forecast that Aramark will post 1.92 EPS for the current fiscal year.

Aramark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.3%. This is a positive change from Aramark’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Friday, December 5th. Aramark’s dividend payout ratio is 39.34%.

Aramark Company Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.