Aramark (NYSE:ARMK) Stock Has Consensus Price Target of $69.25 According to Brokerages

Key Points

• Analysts remain bullish on Aramark: Fifteen firms maintain a consensus “Buy” rating, with an average 12-month price target of $69.25 versus the stock’s reported $56.13 opening price.
• Aramark exceeded quarterly expectations, reporting EPS of $0.52 versus the $0.48 consensus and revenue of $5.06 billion, up 9.3% year over year. The company guided to fiscal 2026 EPS of $2.18–$2.28.
• The company declared a quarterly dividend of $0.12 per share, equivalent to $0.48 annually and a 0.9% yield, while several institutional investors recently increased or initiated positions in the stock.

Aramark (NYSE:ARMK - Get Free Report) has earned a consensus recommendation of "Buy" from the fifteen research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $69.25.

A number of research analysts have issued reports on the company. Jefferies Financial Group boosted their price target on Aramark from $62.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Truist Financial lifted their price objective on shares of Aramark from $58.00 to $70.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. Oppenheimer increased their target price on Aramark from $60.00 to $65.00 and gave the company an "outperform" rating in a report on Monday, June 29th. The Goldman Sachs Group reiterated a "buy" rating and set a $70.00 price target on shares of Aramark in a report on Wednesday, August 12th. Finally, New Street Research set a $70.00 price objective on Aramark in a research note on Thursday, August 13th.

Aramark Trading Up 0.7%

NYSE:ARMK opened at $56.13 on Wednesday. The firm has a market capitalization of $14.80 billion, a P/E ratio of 39.25, a P/E/G ratio of 0.80 and a beta of 1.12. The business has a 50 day simple moving average of $57.04 and a 200 day simple moving average of $53.78. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. Aramark has a 12-month low of $35.07 and a 12-month high of $62.65.

Aramark (NYSE:ARMK - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. Aramark had a return on equity of 17.68% and a net margin of 1.93%. The company had revenue of $5.06 billion for the quarter, compared to analysts' expectations of $4.94 billion. During the same period last year, the business posted $0.40 earnings per share. The firm's quarterly revenue was up 9.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts predict that Aramark will post 2.27 EPS for the current year.

Aramark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. Aramark's payout ratio is presently 33.57%.

Institutional Investors Weigh In On Aramark

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elevation Wealth Partners LLC increased its holdings in shares of Aramark by 2,842.9% during 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. CX Institutional boosted its holdings in Aramark by 76.1% during the third quarter. CX Institutional now owns 694 shares of the company's stock valued at $37,000 after purchasing an additional 300 shares in the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Aramark during the first quarter valued at $32,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Aramark during the second quarter worth about $46,000. Finally, Parallel Advisors LLC raised its position in Aramark by 67.7% in the 1st quarter. Parallel Advisors LLC now owns 1,749 shares of the company's stock valued at $71,000 after purchasing an additional 706 shares during the last quarter.

Aramark Company Profile

Aramark NYSE: ARMK is a global provider of food services and facilities management. The company serves businesses, schools and universities, hospitals, sports and entertainment venues, correctional facilities, and other organizations through contracted service arrangements.

Aramark's food services include dining programs, catering, concessions, retail food operations, and hospitality services. Its facilities management activities include building operations, housekeeping, custodial services, maintenance, energy management, and related workplace support.

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