Aramark (NYSE:ARMK) Price Target Raised to $58.00

Key Points

• Robert W. Baird raised its price target on Aramark to $58 from $50 and kept an outperform rating, implying about 19.7% upside from the prior close.
• Aramark’s latest earnings beat expectations, posting $0.49 EPS versus $0.47 expected on $4.91 billion in revenue, above the $4.75 billion forecast. Revenue also rose 14.7% year over year.
• Analyst sentiment remains positive overall, with nine Buy ratings and only two Hold ratings; the stock’s average price target now stands at $49.56.

Aramark (NYSE:ARMK - Get Free Report) had its price objective upped by equities research analysts at Truist Financial from $50.00 to $58.00 in a report released on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the stock. Truist Financial's target price suggests a potential upside of 16.86% from the company's previous close.

Other equities analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Aramark in a research report on Wednesday. Oppenheimer lifted their price objective on shares of Aramark from $43.00 to $50.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 25th. UBS Group boosted their price objective on shares of Aramark from $48.00 to $56.00 and gave the company a "buy" rating in a research report on Wednesday. Robert W. Baird increased their target price on shares of Aramark from $50.00 to $58.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Citigroup lifted their price target on shares of Aramark from $49.00 to $51.00 and gave the stock a "buy" rating in a research note on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $52.00.

Aramark Price Performance

Shares of NYSE ARMK traded up $1.22 during mid-day trading on Wednesday, hitting $49.63. 886,414 shares of the company's stock traded hands, compared to its average volume of 2,939,441. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 1.13. Aramark has a 1 year low of $35.07 and a 1 year high of $51.17. The company's 50-day moving average is $42.68 and its two-hundred day moving average is $39.93. The company has a market capitalization of $13.04 billion, a P/E ratio of 41.53, a PEG ratio of 1.08 and a beta of 1.08.

Aramark (NYSE:ARMK - Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The company had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same quarter last year, the business posted $0.35 earnings per share. The firm's revenue was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts anticipate that Aramark will post 2.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Aramark

Large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its stake in shares of Aramark by 38.2% during the first quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company's stock valued at $16,903,000 after acquiring an additional 135,224 shares in the last quarter. Creative Planning raised its position in Aramark by 36.0% during the 2nd quarter. Creative Planning now owns 9,918 shares of the company's stock valued at $415,000 after purchasing an additional 2,625 shares in the last quarter. Cetera Investment Advisers raised its position in Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company's stock valued at $347,000 after purchasing an additional 573 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Aramark in the 2nd quarter worth $640,000. Finally, Cerity Partners LLC grew its position in shares of Aramark by 61.5% during the 2nd quarter. Cerity Partners LLC now owns 16,097 shares of the company's stock worth $674,000 after buying an additional 6,127 shares in the last quarter.

More Aramark News

Here are the key news stories impacting Aramark this week:

• Positive Sentiment: Aramark posted Q2 adjusted EPS of $0.49, above estimates of $0.47, while revenue came in at $4.91 billion versus $4.75 billion expected, reinforcing momentum in the business. Aramark Reports Second Quarter Earnings
• Positive Sentiment: Management said fiscal 2026 guidance is now skewed toward the high end of its prior range, which supports the view that growth and cash flow trends are improving. AI Infrastructure Spending Is Creating An Unlikely Winner: Aramark
• Positive Sentiment: Robert W. Baird raised its price target on ARMK to $58 from $50 and reiterated an outperform rating, signaling additional analyst optimism after the earnings beat. Tickerreport.com
• Positive Sentiment: Coverage highlighting Aramark’s push into the AI data center market added a new growth narrative that may be boosting investor sentiment. Aramark (ARMK) Forays Into AI, Soars to All-Time High
• Neutral Sentiment: Some commentary remains cautious, with one note arguing ARMK’s premium valuation, debt load, and exposure to government contracts could limit upside from here. Aramark: Upside Is Now Muted After Q2 2026

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.

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