Bank of America Begins Coverage on Aramark (NYSE:ARMK)

Equities researchers at Bank of America initiated coverage on shares of Aramark (NYSE:ARMK) in a research report issued on Tuesday. The firm set a “buy” rating and a $50.00 price target on the stock. Bank of America‘s target price would indicate a potential upside of 24.57% from the company’s current price.

Other analysts also recently issued research reports about the stock. Stifel Nicolaus raised their price objective on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Morgan Stanley set a $45.00 price objective on Aramark in a report on Tuesday, February 10th. UBS Group set a $47.00 price objective on Aramark and gave the company a “buy” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $50.00 target price on Aramark in a research report on Wednesday, February 11th. Finally, Citigroup boosted their target price on shares of Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $48.38.

Aramark Stock Performance

NYSE ARMK opened at $40.14 on Tuesday. The business’s 50 day moving average price is $38.49 and its 200-day moving average price is $38.53. Aramark has a fifty-two week low of $29.92 and a fifty-two week high of $44.49. The company has a market cap of $10.55 billion, a P/E ratio of 33.73, a P/E/G ratio of 1.08 and a beta of 1.09. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.13 and a current ratio of 1.27.

Aramark (NYSE:ARMK) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. Aramark’s quarterly revenue was up 6.1% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts predict that Aramark will post 1.92 earnings per share for the current year.

Hedge Funds Weigh In On Aramark

Institutional investors have recently bought and sold shares of the business. Activest Wealth Management bought a new stake in Aramark during the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd purchased a new position in Aramark in the third quarter valued at about $28,000. Kestra Advisory Services LLC bought a new position in Aramark in the fourth quarter worth about $32,000. Quarry LP purchased a new stake in shares of Aramark during the third quarter valued at about $35,000. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of Aramark during the second quarter valued at about $40,000.

Aramark Company Profile

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.