Aramark (NYSE:ARMK) Now Covered by Analysts at Bank of America

Bank of America began coverage on shares of Aramark (NYSE:ARMK) in a report published on Tuesday. The brokerage issued a buy rating and a $50.00 target price on the stock.

Several other analysts have also recently commented on the company. Stifel Nicolaus raised their target price on Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Morgan Stanley set a $45.00 price objective on Aramark in a research report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Citigroup increased their price target on shares of Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Robert W. Baird set a $50.00 price objective on shares of Aramark in a research report on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $48.38.

Aramark Price Performance

ARMK stock opened at $39.21 on Tuesday. The firm has a 50-day moving average of $38.43 and a two-hundred day moving average of $38.52. The firm has a market capitalization of $10.31 billion, a PE ratio of 32.95, a P/E/G ratio of 1.07 and a beta of 1.09. 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 one year low of $29.92 and a one year high of $44.49.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.76 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. The firm’s quarterly revenue 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 forecast that Aramark will post 1.92 earnings per share for the current year.

Aramark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 18th. Aramark’s dividend payout ratio (DPR) is presently 40.34%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Activest Wealth Management bought a new stake in Aramark in the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aramark in the third quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in shares of Aramark during the 4th quarter worth about $32,000. Quarry LP acquired a new position in shares of Aramark during the 3rd quarter valued at about $35,000. Finally, Osterweis Capital Management Inc. acquired a new position in shares of Aramark during the 2nd quarter valued at about $40,000.

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.