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NYSE:ARMK

Aramark (ARMK) Stock Price, News & Analysis

$37.82
-0.10 (-0.26%)
(As of 10/4/2024 ET)

About Aramark Stock (NYSE:ARMK)

Key Stats

Today's Range
$37.64
$38.19
50-Day Range
$33.09
$38.90
52-Week Range
$24.13
$38.99
Volume
1.72 million shs
Average Volume
2.27 million shs
Market Capitalization
$9.95 billion
P/E Ratio
15.89
Dividend Yield
1.00%
Price Target
$37.69
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
91st Percentile Overall Score

ARMK MarketRank™: 

Aramark scored higher than 91% of companies evaluated by MarketBeat, and ranked 23rd out of 145 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 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Aramark has been the subject of 7 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 23.08% in the coming year, from $1.56 to $1.92 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Aramark is 15.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Aramark is 15.89, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.38.

  • Price to Book Value per Share Ratio

    Aramark has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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

    2.64% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Aramark has recently increased by 46.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Aramark has a dividend yield of 1.00%, which is in 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 15.97%. 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 19.79% 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

    2.64% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Aramark has recently increased by 46.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Aramark has a news sentiment score of 0.89. 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 0.67 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Aramark this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Aramark to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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

Aramark (NYSE:ARMK) Sees Significant Growth in Short Interest
The panic button has already been pressed
If you missed it, my emergency election broadcast is now available on replay.
Aramark (NYSE:ARMK) Short Interest Update
Aramark (NYSE:ARMK) Reaches New 52-Week High at $39.00
ARAMARK Holdings (ARMK) Receives a Buy from RBC Capital
See More Headlines

ARMK Stock Analysis - Frequently Asked Questions

Aramark's stock was trading at $28.10 on January 1st, 2024. Since then, ARMK stock has increased by 34.6% and is now trading at $37.82.
View the best growth stocks for 2024 here
.

Aramark (NYSE:ARMK) posted its quarterly earnings data on Tuesday, August, 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. Aramark's revenue was up 8.0% on a year-over-year basis.

The following companies are subsidiaries of Aramark: Good Uncle Services, AmeriPride Services, Avendra, Avoca, Lotus Facilities Management, Filterfresh Coffee Service, Masterplan, and more.

Aramark's top institutional investors include Handelsbanken Fonder AB (0.02%) and SG Americas Securities LLC (0.01%). 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 Walt Disney (DIS), General Electric (GE), Kohl's (KSS), AbbVie (ABBV), Activision Blizzard (ATVI), Broadcom (AVGO) and Procter & Gamble (PG).

Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 9/3 Dividend
8/19/2024
Dividend Payable
9/03/2024
Today
10/05/2024
Next Earnings (Estimated)
11/12/2024
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
$37.69
High Stock Price Target
$42.50
Low Stock Price Target
$29.00
Potential Upside/Downside
-0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85
Research Coverage
13 Analysts

Profitability

Net Income
$674.11 million
Pretax Margin
3.34%

Debt

Sales & Book Value

Annual Sales
$19.95 billion
Cash Flow
$3.88 per share
Book Value
$14.20 per share

Miscellaneous

Free Float
257,943,000
Market Cap
$9.95 billion
Optionable
Optionable
Beta
1.62

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This page (NYSE:ARMK) was last updated on 10/6/2024 by MarketBeat.com Staff
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