Aramark (NYSE:ARMK) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Aramark shares rose above their 200-day moving average of $50.37, reaching $53.07 before last trading at about $52.49; the stock remained below its 50-day average of $55.46.
• Analysts maintain a “Moderate Buy” consensus, with 13 Buy ratings and two Holds and an average price target of $69.25.
• Aramark beat quarterly estimates, reporting EPS of $0.52 versus $0.48 expected and revenue of $5.06 billion, up 9.3% year over year; it guided to fiscal 2026 EPS of $2.18–$2.28.

Aramark (NYSE:ARMK - Get Free Report) shares passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $50.37 and traded as high as $53.07. Aramark shares last traded at $52.4860, with a volume of 4,505,271 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ARMK. 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. JPMorgan Chase & Co. lifted their price target on Aramark from $55.00 to $70.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Citigroup raised their price target on shares of Aramark from $74.00 to $75.50 and gave the company a "buy" rating in a report on Monday, October 12th. New Street Research set a $70.00 price objective on shares of Aramark in a report on Thursday, August 13th. Finally, Stifel Nicolaus upped their price target on shares of Aramark from $54.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $69.25.

Aramark Price Performance

The business's fifty day simple moving average is $55.46 and its 200 day simple moving average is $50.37. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. The firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 0.80 and a beta of 1.10.

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

Hedge Funds Weigh In On Aramark

Institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio purchased a new position in Aramark in the 2nd quarter valued at $4,248,000. Bank of America Corp DE bought a new position in shares of Aramark in the second quarter worth about $137,742,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Aramark in the second quarter worth about $1,001,000. Corient Private Wealth LP raised its holdings in shares of Aramark by 477.3% during the second quarter. Corient Private Wealth LP now owns 65,214 shares of the company's stock valued at $3,711,000 after acquiring an additional 53,917 shares in the last quarter. Finally, BlackRock Inc. purchased a new position in shares of Aramark during the 2nd quarter valued at $1,411,586,000.

About Aramark

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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