Aramark (NYSE:ARMK) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Aramark (NYSE:ARMK) have earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $47.8333.

A number of brokerages recently weighed in on ARMK. Robert W. Baird set a $50.00 price objective on shares of Aramark in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Morgan Stanley set a $45.00 price objective on Aramark in a research report on Tuesday. Stifel Nicolaus lifted their price objective on Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Citigroup upped 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.

Hedge Funds Weigh In On Aramark

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

Aramark Price Performance

ARMK stock opened at $39.18 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.88 and a current ratio of 1.27. The firm has a 50 day moving average price of $38.33 and a 200-day moving average price of $38.67. Aramark has a 52-week low of $29.92 and a 52-week high of $44.49. The firm 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 posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, beating 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 company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same quarter last year, the company earned $0.51 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts forecast that Aramark will post 1.92 EPS for the current fiscal year.

Aramark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s dividend payout ratio (DPR) 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.