Aramark (NYSE:ARMK) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Aramark (NYSE:ARMK) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $45.8333.

Several research analysts have recently weighed in on the stock. Citigroup upped their price target on shares of Aramark from $46.50 to $49.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Monday. Stifel Nicolaus set a $44.00 target price on Aramark in a report on Monday, November 17th. Morgan Stanley boosted their price target on Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of Aramark in a research report on Monday, December 1st.

Aramark Stock Down 0.7%

Shares of Aramark stock opened at $37.74 on Thursday. The company has a market capitalization of $9.92 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 1.34 and a beta of 1.12. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.88. The business has a 50-day moving average of $37.96 and a two-hundred day moving average of $39.49. Aramark has a 1 year low of $29.92 and a 1 year high of $44.49.

Aramark (NYSE:ARMK) last released its quarterly earnings data 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). Aramark had a net margin of 1.76% and a return on equity of 16.39%. The business had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.16 billion. During the same quarter last year, the firm earned $0.54 EPS. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. As a group, equities analysts predict that Aramark will post 1.92 EPS for the current year.

Aramark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.48 annualized dividend and a dividend yield of 1.3%. This is an increase from Aramark’s previous quarterly dividend of $0.11. Aramark’s dividend payout ratio (DPR) is 39.34%.

Institutional Trading of Aramark

Institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new position in Aramark in the third quarter valued at $28,000. Quarry LP acquired a new position in shares of Aramark during the 3rd quarter worth about $35,000. Osterweis Capital Management Inc. bought a new position in shares of Aramark in the 2nd quarter valued at about $40,000. Parallel Advisors LLC increased its position in shares of Aramark by 160.7% in the second quarter. Parallel Advisors LLC now owns 1,100 shares of the company’s stock valued at $46,000 after acquiring an additional 678 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Aramark by 241.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,116 shares of the company’s stock worth $47,000 after acquiring an additional 789 shares in the last quarter.

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.