Aramark (NYSE:ARMK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Aramark (NYSE:ARMK) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $47.8333.

Several analysts recently issued reports on the company. Morgan Stanley set a $45.00 target price on Aramark in a research report on Tuesday. Robert W. Baird set a $50.00 price objective on shares of Aramark in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Citigroup raised 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. Finally, Stifel Nicolaus boosted their price target on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday.

Institutional Trading of Aramark

Several hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of Aramark by 38.2% in the first quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock valued at $16,903,000 after purchasing an additional 135,224 shares in the last quarter. Truist Financial Corp lifted its position in Aramark by 29.6% during the second quarter. Truist Financial Corp now owns 14,322 shares of the company’s stock valued at $600,000 after purchasing an additional 3,267 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Aramark by 10.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,849 shares of the company’s stock worth $789,000 after buying an additional 1,803 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Aramark in the 2nd quarter worth about $51,000. Finally, Exencial Wealth Advisors LLC increased its holdings in shares of Aramark by 46.5% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 17,460 shares of the company’s stock worth $731,000 after buying an additional 5,542 shares during the last quarter.

Aramark Stock Down 7.1%

Shares of ARMK stock opened at $39.18 on Friday. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 0.88. Aramark has a one year low of $29.92 and a one year high of $44.49. The company’s fifty day moving average price is $38.33 and its 200-day moving average price is $38.67. The company has a market capitalization of $10.30 billion, a price-to-earnings ratio of 32.93, a PEG ratio of 1.37 and a beta of 1.09.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The business had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same quarter in the prior year, the business posted $0.51 EPS. Aramark’s revenue for the quarter 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 expect that Aramark will post 1.92 EPS for the current fiscal year.

Aramark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 18th. Aramark’s payout ratio is currently 39.34%.

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.