Oppenheimer Issues Positive Forecast for Aramark (NYSE:ARMK) Stock Price

Aramark (NYSE:ARMK) had its price target boosted by Oppenheimer from $43.00 to $50.00 in a report published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

Other research analysts also recently issued research reports about the company. Morgan Stanley set a $45.00 target price on Aramark in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Robert W. Baird set a $50.00 price objective on shares of Aramark in a research report on Wednesday, February 11th. Truist Financial boosted their price objective on shares of Aramark from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, Stifel Nicolaus upped their target price on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $48.56.

Aramark Stock Up 3.0%

Aramark stock opened at $41.45 on Wednesday. The firm has a 50 day simple moving average of $39.83 and a 200 day simple moving average of $38.71. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 1.94. Aramark has a 1-year low of $29.92 and a 1-year high of $44.49. The firm has a market capitalization of $10.89 billion, a price-to-earnings ratio of 34.83, a P/E/G ratio of 0.98 and a beta of 1.06.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 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 firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same period last year, the company earned $0.51 earnings per share. The business’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. On average, analysts predict that Aramark will post 1.92 earnings per share for the current year.

Aramark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 18th. Aramark’s dividend payout ratio (DPR) is currently 40.34%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ARMK. Activest Wealth Management purchased a new position in shares of Aramark during the fourth quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Aramark in the 3rd quarter valued at $28,000. Kestra Advisory Services LLC bought a new position in shares of Aramark during the 4th quarter valued at $32,000. Quarry LP purchased a new position in Aramark in the 3rd quarter worth $35,000. Finally, Osterweis Capital Management Inc. bought a new stake in Aramark in the second quarter worth $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.