Aramark (NYSE:ARMK) Stock Price Expected to Rise, UBS Group Analyst Says

Aramark (NYSE:ARMKGet Free Report) had its price objective increased by investment analysts at UBS Group from $47.00 to $48.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 10.38% from the company’s current price.

ARMK has been the subject of several other reports. Stifel Nicolaus lifted their target price on shares of Aramark from $44.00 to $47.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Truist Financial lifted their target price on shares of Aramark from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Robert W. Baird set a $50.00 target price on shares of Aramark in a research report on Wednesday, February 11th. Morgan Stanley set a $45.00 target price on shares of Aramark in a research report on Tuesday, February 10th. Finally, Citigroup lifted their target price on shares of Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Aramark presently has an average rating of “Moderate Buy” and a consensus target price of $48.67.

View Our Latest Stock Analysis on ARMK

Aramark Price Performance

Shares of NYSE:ARMK opened at $43.49 on Wednesday. The company has a 50 day moving average of $40.45 and a 200 day moving average of $38.99. The stock has a market cap of $11.43 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.05 and a beta of 1.06. Aramark has a 12 month low of $31.18 and a 12 month high of $44.49. 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 (NYSE:ARMKGet Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.76 billion. Aramark had a net margin of 1.69% and a return on equity of 16.15%. Aramark’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, sell-side analysts forecast that Aramark will post 1.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Aramark

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

About Aramark

(Get Free Report)

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.

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Analyst Recommendations for Aramark (NYSE:ARMK)

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