Aramark (NYSE:ARMK) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Aramark (NYSE:ARMK) have received an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $58.2917.

A number of research analysts have issued reports on the company. Morgan Stanley lifted their price objective on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and set a $51.00 price target on shares of Aramark in a report on Wednesday, May 13th. Stifel Nicolaus boosted their price target on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Citigroup upped their price objective on shares of Aramark from $63.00 to $70.50 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th.

Aramark Trading Up 0.1%

Shares of ARMK opened at $57.94 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The stock has a market cap of $15.23 billion, a PE ratio of 43.24, a PEG ratio of 1.10 and a beta of 1.11. Aramark has a 1 year low of $35.07 and a 1 year high of $58.20. The stock has a 50 day simple moving average of $52.87 and a 200-day simple moving average of $44.84.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The business had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same quarter in the previous year, the firm earned $0.35 EPS. Aramark’s quarterly revenue was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, sell-side analysts predict that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s dividend payout ratio (DPR) is currently 35.82%.

Hedge Funds Weigh In On Aramark

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in shares of Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after purchasing an additional 5,492,046 shares during the last quarter. Milford Funds Ltd. bought a new position in shares of Aramark in the fourth quarter valued at about $181,204,000. Norges Bank acquired a new position in Aramark during the 4th quarter worth about $128,738,000. Junto Capital Management LP acquired a new position in Aramark during the 3rd quarter worth about $132,157,000. Finally, Cooke & Bieler LP bought a new stake in Aramark during the 4th quarter worth about $118,110,000.

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.