Aramark (NYSE:ARMK) Updates FY 2026 Earnings Guidance

Aramark (NYSE:ARMK) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.180-2.280 for the period, compared to the consensus earnings per share estimate of 2.220. The company issued revenue guidance of -, compared to the consensus revenue estimate of $19.8 billion.

Aramark Stock Down 1.0%

Shares of NYSE:ARMK opened at $44.62 on Tuesday. The company has a market cap of $11.73 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 1.10 and a beta of 1.08. The firm’s 50-day simple moving average is $42.55 and its 200-day simple moving average is $39.87. The company has a quick ratio of 1.13, a current ratio of 1.27 and a debt-to-equity ratio of 1.94. Aramark has a fifty-two week low of $35.07 and a fifty-two week high of $46.88.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. Aramark had a net margin of 1.69% and a return on equity of 16.15%. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities research analysts predict that Aramark will post 2.22 earnings per share for the current year.

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. Aramark’s payout ratio is presently 40.34%.

Wall Street Analysts Forecast Growth

ARMK has been the topic of a number of research analyst reports. Oppenheimer boosted their price objective on shares of Aramark from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Wednesday, March 25th. Truist Financial boosted their price objective on shares of Aramark from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a report on Friday, March 27th. Morgan Stanley set a $45.00 price objective on shares of Aramark in a report on Tuesday, February 10th. Finally, Stifel Nicolaus boosted their price objective 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 issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $48.67.

Hedge Funds Weigh In On Aramark

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aramark in the third quarter valued at approximately $28,000. Kestra Advisory Services LLC acquired a new position in shares of Aramark in the fourth quarter valued at approximately $32,000. Quarry LP acquired a new position in shares of Aramark in the third quarter valued at approximately $35,000. Osterweis Capital Management Inc. acquired a new position in Aramark during the second quarter worth approximately $40,000. Finally, Los Angeles Capital Management LLC acquired a new position in Aramark during the fourth quarter worth approximately $49,000.

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.