Aramark (NYSE:ARMK) Receives $60.62 Consensus Target Price from Analysts

Shares of Aramark (NYSE:ARMK) have earned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $60.6250.

A number of research firms recently issued reports on ARMK. Morgan Stanley boosted their target price on shares of Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Robert W. Baird set a $63.00 price target on shares of Aramark in a report on Friday, July 24th. UBS Group reissued a “buy” rating and set a $67.00 target price on shares of Aramark in a report on Monday, July 13th. Oppenheimer raised their price target on shares of Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $65.00 price objective on shares of Aramark in a research report on Monday, June 29th.

Institutional Trading of Aramark

Several institutional investors and hedge funds have recently bought and sold shares of ARMK. Activest Wealth Management purchased a new stake in shares of Aramark in the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Aramark in the 3rd quarter valued at about $28,000. Cedar Mountain Advisors LLC acquired a new position in Aramark during the 1st quarter worth approximately $32,000. Kestra Advisory Services LLC acquired a new position in shares of Aramark during the fourth quarter worth $32,000. Finally, Elevation Wealth Partners LLC increased its holdings in shares of Aramark by 2,842.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock valued at $35,000 after acquiring an additional 597 shares during the last quarter.

Aramark Trading Up 0.2%

NYSE ARMK opened at $56.04 on Friday. The company has a fifty day simple moving average of $55.68 and a two-hundred day simple moving average of $47.50. Aramark has a 12-month low of $35.07 and a 12-month high of $58.68. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The stock has a market cap of $14.74 billion, a P/E ratio of 41.82, a P/E/G ratio of 1.06 and a beta of 1.12.

Aramark (NYSE:ARMK) last posted its quarterly 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 return on equity of 17.05% and a net margin of 1.84%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, analysts forecast that Aramark will post 2.24 earnings per share for the current year.

Aramark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, August 19th. Aramark’s dividend payout ratio is presently 35.82%.

Aramark Company Profile

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.