Aramark (NYSE:ARMK) Releases FY 2025 Earnings Guidance

Aramark (NYSE:ARMK - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.910-1.980 for the period, compared to the consensus estimate of 1.910. The company issued revenue guidance of -.

Aramark Trading Down 0.1 %

NYSE:ARMK traded down $0.02 on Friday, reaching $38.38. 2,137,800 shares of the company's stock were exchanged, compared to its average volume of 2,066,108. Aramark has a 52-week low of $29.92 and a 52-week high of $42.49. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of 30.22 and a beta of 1.20. The company has a quick ratio of 0.84, a current ratio of 0.94 and a debt-to-equity ratio of 1.61. The business has a fifty day moving average of $34.02 and a 200-day moving average of $36.89.

Aramark (NYSE:ARMK - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.01. The company had revenue of $4.33 billion for the quarter, compared to analysts' expectations of $4.35 billion. Aramark had a return on equity of 14.72% and a net margin of 1.94%. The firm's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. As a group, analysts expect that Aramark will post 1.92 earnings per share for the current year.

Aramark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 1.09%. Aramark's dividend payout ratio is presently 33.07%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ARMK shares. Citigroup initiated coverage on Aramark in a report on Monday, February 24th. They issued a "buy" rating and a $48.00 price objective for the company. Morgan Stanley lifted their price target on shares of Aramark from $40.00 to $42.00 and gave the company an "equal weight" rating in a research report on Wednesday. Royal Bank of Canada reiterated an "outperform" rating and issued a $47.00 target price on shares of Aramark in a research note on Thursday, February 6th. Finally, UBS Group upped their price target on Aramark from $40.00 to $44.00 and gave the company a "buy" rating in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $43.33.

About Aramark

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.