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NYSE:ARMK

Aramark (ARMK) Stock Price, News & Analysis

Aramark logo
$40.41 +1.46 (+3.75%)
(As of 11/21/2024 ET)

About Aramark Stock (NYSE:ARMK)

Key Stats

Today's Range
$39.00
$40.44
50-Day Range
$36.95
$39.67
52-Week Range
$26.58
$42.04
Volume
2.10 million shs
Average Volume
2.23 million shs
Market Capitalization
$10.65 billion
P/E Ratio
40.82
Dividend Yield
1.04%
Price Target
$42.23
Consensus Rating
Moderate Buy

Company Overview

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. It also provides on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising landscaping, transportation, capital program management, payment services, and other facility consulting services relating to building operations. In addition, the company offers concessions, banquet, and catering services; retail services and merchandise sale, recreational, and lodging services; and facility management services at sports, entertainment, and recreational facilities. Further, it offers correctional food; and operates commissaries, laundry facilities, and property rooms. It primarily serves business and industry, sports, leisure and corrections, education, healthcare, public institutions, manufacturing, transportation, service, and other industries. The company was formerly known as ARAMARK Holdings Corporation. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

Aramark Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

ARMK MarketRank™: 

Aramark scored higher than 94% of companies evaluated by MarketBeat, and ranked 15th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Aramark has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Aramark has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Aramark's stock forecast and price target.
  • Earnings Growth

    Earnings for Aramark are expected to grow by 19.27% in the coming year, from $1.92 to $2.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Aramark is 40.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Aramark is 40.82, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.65.

  • Price to Book Value per Share Ratio

    Aramark has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Aramark's valuation and earnings.
  • Percentage of Shares Shorted

    2.21% of the outstanding shares of Aramark have been sold short.
  • Short Interest Ratio / Days to Cover

    Aramark has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Aramark has recently decreased by 2.35%, indicating that investor sentiment is improving.
  • Dividend Yield

    Aramark pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Aramark does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Aramark is 42.42%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Aramark will have a dividend payout ratio of 18.34% next year. This indicates that Aramark will be able to sustain or increase its dividend.

  • Read more about Aramark's dividend.
  • Percentage of Shares Shorted

    2.21% of the outstanding shares of Aramark have been sold short.
  • Short Interest Ratio / Days to Cover

    Aramark has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Aramark has recently decreased by 2.35%, indicating that investor sentiment is improving.
  • News Sentiment

    Aramark has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Aramark this week, compared to 7 articles on an average week.
  • Search Interest

    5 people have searched for ARMK on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    53 people have added Aramark to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Aramark insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.92% of the stock of Aramark is held by insiders.

  • Read more about Aramark's insider trading history.
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ARMK Stock News Headlines

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RBC Capital Keeps Their Buy Rating on ARAMARK Holdings (ARMK)
Jefferies Keeps Their Buy Rating on ARAMARK Holdings (ARMK)
Balanced Outlook for ARAMARK: Hold Rating Amid Growth and Challenges
See More Headlines

ARMK Stock Analysis - Frequently Asked Questions

Aramark's stock was trading at $28.10 on January 1st, 2024. Since then, ARMK shares have increased by 43.8% and is now trading at $40.4071.
View the best growth stocks for 2024 here
.

Aramark (NYSE:ARMK) issued its earnings results on Monday, November, 11th. The company reported $0.54 earnings per share for the quarter, meeting analysts' consensus estimates of $0.54. Aramark's quarterly revenue was up 5.2% compared to the same quarter last year.

Aramark subsidiaries include Good Uncle Services, AmeriPride Services, Avendra, Avoca, Lotus Facilities Management, Filterfresh Coffee Service, Masterplan, and more.

Top institutional shareholders of Aramark include Janus Henderson Group PLC (5.96%), Massachusetts Financial Services Co. MA (3.16%), State Street Corp (2.99%) and FMR LLC (2.52%). Insiders that own company stock include Lynn Mckee, Marc A Bruno and Lauren A Harrington.
View institutional ownership trends
.

Shares of ARMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Aramark investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Ex-Dividend for 9/3 Dividend
8/19/2024
Dividend Payable
9/03/2024
Last Earnings
11/11/2024
Today
11/21/2024
Ex-Dividend for 12/12 Dividend
12/02/2024
Dividend Payable
12/12/2024
Next Earnings (Estimated)
2/04/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants, Hotels, Motels
Employees
262,550
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$42.23
High Stock Price Target
$46.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$262.52 million
Pretax Margin
2.10%

Debt

Sales & Book Value

Annual Sales
$17.40 billion
Cash Flow
$3.45 per share
Book Value
$11.53 per share

Miscellaneous

Free Float
258,391,000
Market Cap
$10.65 billion
Optionable
Optionable
Beta
1.62

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This page (NYSE:ARMK) was last updated on 11/22/2024 by MarketBeat.com Staff
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