About Aramark (NYSE:ARMK)
Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform). FSS North America and FSS International segments include food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities. The Uniform segment includes rental, sale, cleaning, maintenance and delivery of personalized uniforms and other textile items to clients in a range of industries in the United States, Puerto Rico, Japan and Canada, including manufacturing, transportation, construction, restaurants and hotels, healthcare and pharmaceutical industries.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Commercial Food Services
- Sub-Industry: N/A
- Symbol: NYSE:ARMK
- CUSIP: N/A
- Web: www.aramark.com
- Market Cap: $10.6106 billion
- Outstanding Shares: 245,105,000
- 50 Day Moving Avg: $41.19
- 200 Day Moving Avg: $39.40
- 52 Week Range: $32.73 - $43.81
Sales & Book Value:
- Trailing P/E Ratio: 31.37
- Foreward P/E Ratio: 21.54
- P/E Growth: 1.57
- Annual Revenue: $14.49 billion
- Price / Sales: 0.73
- Book Value: $9.48 per share
- Price / Book: 4.57
- Annual Dividend: $0.41
- Dividend Yield: 1.0%
- EBITDA: $1.29 billion
- Net Margins: 2.37%
- Return on Equity: 19.29%
- Return on Assets: 4.11%
- Debt-to-Equity Ratio: 2.34%
- Current Ratio: 1.30%
- Quick Ratio: 1.00%
- Average Volume: 1.12 million shs.
- Beta: 0.47
- Short Ratio: 3.39
Frequently Asked Questions for Aramark (NYSE:ARMK)
What is Aramark's stock symbol?
Aramark trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARMK."
How often does Aramark pay dividends? What is the dividend yield for Aramark?
Aramark declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.103 per share on Tuesday, September 5th. This represents a $0.41 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Monday, August 14th. View Aramark's Dividend History.
How will Aramark's stock buyback program work?
Aramark announced that its Board of Directors has initiated a stock buyback program on Thursday, April 6th 2017, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.
How were Aramark's earnings last quarter?
Aramark (NYSE:ARMK) issued its quarterly earnings data on Tuesday, August, 8th. The company reported $0.40 EPS for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.05. The firm earned $3.59 billion during the quarter, compared to the consensus estimate of $3.61 billion. Aramark had a net margin of 2.37% and a return on equity of 19.29%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.34 earnings per share. View Aramark's Earnings History.
When will Aramark make its next earnings announcement?
What guidance has Aramark issued on next quarter's earnings?
Aramark issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96.
Where is Aramark's stock going? Where will Aramark's stock price be in 2017?
6 equities research analysts have issued 1-year price targets for Aramark's stock. Their forecasts range from $40.00 to $48.00. On average, they expect Aramark's stock price to reach $45.17 in the next year. View Analyst Ratings for Aramark.
Who are some of Aramark's key competitors?
Who are Aramark's key executives?
Aramark's management team includes the folowing people:
- Eric J. Foss, Chairman of the Board, President, Chief Executive Officer
- Stephen P. Bramlage Jr., Chief Financial Officer, Executive Vice President
- Stephen R. Reynolds, Executive Vice President, General Counsel, Secretary
- Lynn B. McKee, Executive Vice President - Human Resources
- Brian P. Pressler, Senior Vice President, Chief Accounting Officer, Controller
- Harrald F. Kroeker, Senior Vice President,Transformation
- James J. Tarangelo, Vice President, Treasurer
- Sanjeev K. Mehra, Lead Independent Director
- Todd M. Abbrecht, Independent Director
- Daniel J. Heinrich, Independent Director
Who owns Aramark stock?
Aramark's stock is owned by many different of institutional and retail investors. Top institutional investors include Mountain Pacific Investment Advisers Inc. ID (0.19%), Rockefeller Financial Services Inc. (0.04%), Endurance Wealth Management Inc. (0.04%), Verde Servicos Internacionais S.A. (0.03%), Assenagon Asset Management S.A. (0.01%) and Shikiar Asset Management Inc. (0.01%). Company insiders that own Aramark stock include Brian P Pressler, Eric J Foss, James J Tarangelo, Lynn Mckee, Stephen I Sadove and Stephen R Reynolds. View Institutional Ownership Trends for Aramark.
Who sold Aramark stock? Who is selling Aramark stock?
Aramark's stock was sold by a variety of institutional investors in the last quarter, including Verde Servicos Internacionais S.A., Shikiar Asset Management Inc., Rockefeller Financial Services Inc. and Endurance Wealth Management Inc.. Company insiders that have sold Aramark stock in the last year include Brian P Pressler, James J Tarangelo, Lynn Mckee and Stephen R Reynolds. View Insider Buying and Selling for Aramark.
Who bought Aramark stock? Who is buying Aramark stock?
Aramark's stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Mountain Pacific Investment Advisers Inc. ID, Robeco Institutional Asset Management B.V. and Asset Dedication LLC. Company insiders that have bought Aramark stock in the last two years include Eric J Foss and Stephen I Sadove. View Insider Buying and Selling for Aramark.
How do I buy Aramark stock?
Shares of Aramark can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Aramark's stock price today?
MarketBeat Community Rating for Aramark (NYSE ARMK)MarketBeat's community ratings are surveys of what our community members think about Aramark and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Aramark stock can currently be purchased for approximately $43.29.
Consensus Ratings for Aramark (NYSE:ARMK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 2.83)|
|Consensus Price Target: ||$45.17 (4.34% upside)|Consensus Price Target History for Aramark (NYSE:ARMK)
Analysts' Ratings History for Aramark (NYSE:ARMK)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Barclays PLC||Reiterated Rating||Hold||$45.00||N/A|
|10/17/2017||Nomura||Boost Price Target||Buy||$45.00 -> $47.00||N/A|
|10/17/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$44.00 -> $47.00||N/A|
|8/10/2017||Morgan Stanley||Boost Price Target||Equal Weight||$39.00 -> $40.00||Low|
|5/10/2017||Deutsche Bank AG||Boost Price Target||Buy||$42.00 -> $48.00||Low|
|3/2/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Buy -> Conviction-Buy||$44.00||N/A|
|8/11/2016||Bank of America Corporation||Boost Price Target||Buy||$38.00 -> $43.00||N/A|
|8/11/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$37.00 -> $44.00||N/A|
|5/2/2016||Robert W. Baird||Reiterated Rating||Buy||N/A|
|4/26/2016||Berenberg Bank||Initiated Coverage||Hold||$35.00||N/A|
|3/22/2016||Sterne Agee CRT||Initiated Coverage||Buy||$39.00||N/A|
|3/15/2016||Credit Suisse Group||Reiterated Rating||Outperform||$38.00||N/A|
Earnings History for Aramark (NYSE:ARMK)Earnings History by Quarter for Aramark (NYSE ARMK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q3 2017||$0.35||$0.40||$3.61 billion||$3.59 billion||View||Listen|
|5/9/2017||Q2 2017||$0.37||$0.45||$3.63 billion||$3.62 billion||View||Listen|
|2/7/2017||Q117||$0.53||$0.55||$3.73 billion||$3.70 billion||View||Listen|
|11/15/2016||Q416||$0.46||$0.49||$3.67 billion||$3.54 billion||View||N/A|
|8/10/2016||Q316||$0.32||$0.34||$3.58 billion||$3.59 billion||View||Listen|
|5/11/2016||Q216||$0.38||$0.39||$3.65 billion||$3.58 billion||View||Listen|
|2/10/2016||Q116||$0.49||$0.50||$3.70 billion||$3.71 billion||View||Listen|
|11/18/2015||Q415||$0.39||$0.44||$3.58 billion||$3.50 billion||View||Listen|
|8/12/2015||Q315||$0.28||$0.29||$3.51 billion||$3.49 billion||View||Listen|
|5/13/2015||Q215||$0.33||$0.33||$3.57 billion||$3.60 billion||View||Listen|
|2/11/2015||Q115||$0.44||$0.43||$3.78 billion||$3.70 billion||View||N/A|
|11/12/2014||Q414||$0.33||$0.35||$3.86 billion||$3.95 billion||View||N/A|
|8/11/2014||Q314||$0.24||$0.29||$101.72 million||$3.62 billion||View||N/A|
|5/8/2014||Q214||$0.26||$0.31||$3.53 million||$3.50 billion||View||N/A|
|2/5/2014||Q114||$0.43||$0.52||$3.70 billion||$3.80 billion||View||Listen|
Earnings Estimates for Aramark (NYSE:ARMK)
Current Year EPS Consensus Estimate: $1.77 EPS
Next Year EPS Consensus Estimate: $2.01 EPS
Current Dividend Information for Aramark (NYSE:ARMK)
|Most Recent Dividend:||9/5/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||29.93% (Trailing 12 Months of Earnings) |
23.16% (Based on This Year's Estimates)
20.40% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Aramark (NYSE ARMK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Aramark (NYSE:ARMK)
Insider Ownership Percentage: 2.90%Insider Trades by Quarter for Aramark (NYSE:ARMK)
Institutional Ownership Percentage: 94.69%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/16/2017||Brian P Pressler||SVP||Sell||10,629||$40.80||$433,663.20|| |
|6/14/2017||Stephen R Reynolds||EVP||Sell||30,000||$40.41||$1,212,300.00|| |
|6/2/2017||Lynn Mckee||EVP||Sell||100,000||$38.61||$3,861,000.00|| |
|5/25/2017||James J Tarangelo||VP||Sell||3,000||$37.15||$111,450.00|| |
|2/24/2017||Lynn Mckee||EVP||Sell||118,000||$35.72||$4,214,960.00|| |
|2/23/2017||Stephen R Reynolds||EVP||Sell||14,000||$35.79||$501,060.00|| |
|11/21/2016||Eric J Foss||Chairman||Buy||87,566||$34.50||$3,021,027.00|| |
|11/17/2016||Stephen I Sadove||Director||Buy||7,500||$33.53||$251,475.00|| |
|8/17/2016||Stephen R Reynolds||EVP||Sell||56,709||$36.97||$2,096,531.73|| |
|5/27/2016||Stephen R Reynolds||EVP||Sell||93,750||$33.17||$3,109,687.50|| |
|3/1/2016||Lynn Mckee||EVP||Sell||50,000||$32.01||$1,600,500.00|| |
|2/25/2016||Lynn Mckee||EVP||Sell||50,000||$31.14||$1,557,000.00|| |
|12/18/2015||Lynn Mckee||EVP||Sell||75,000||$32.36||$2,427,000.00|| |
|9/10/2015||Lynn Mckee||EVP||Sell||38,500||$31.23||$1,202,355.00|| |
|8/21/2015||Goldman Sachs Group Inc||Major Shareholder||Sell||8,725,722||$32.30||$281,840,820.60|| |
|3/26/2015||Jp Morgan Partners Bhca Lp||Major Shareholder||Sell||5,595,306||$32.16||$179,945,040.96|| |
|3/26/2015||Pincus Private Equity Warburg||Director||Sell||5,714,076||$32.16||$183,764,684.16|| |
|2/23/2015||Ccmp Capital, Llc||Major Shareholder||Sell||7,211,730||$29.88||$215,486,492.40|| |
|2/11/2015||Goldman Sachs Group Inc||Major Shareholder||Sell||4,700||$30.88||$145,136.00|| |
|12/17/2014||Goldman Sachs Group Inc||Major Shareholder||Sell||8,293,490||$27.02||$224,090,099.80|| |
|12/17/2014||Joseph Neubauer||Director||Sell||150,000||$27.02||$4,053,000.00|| |
|11/21/2014||Joseph M Munnelly||CAO||Sell||14,672||$29.50||$432,824.00|| |
|11/14/2014||Joseph M Munnelly||CAO||Sell||15,328||$29.01||$444,665.28|| |
|9/15/2014||Lynn Mckee||EVP||Sell||149,000||$27.16||$4,046,840.00|| |
|7/25/2014||Karen A Wallace||VP||Sell||10,822||$27.33||$295,765.26|| |
|7/9/2014||Karen A Wallace||VP||Sell||5,000||$27.03||$135,150.00|| |
|2/11/2014||Daniel Heinrich||Director||Buy||3,750||$26.70||$100,125.00|| |
|12/17/2013||Karen A Wallace||VP||Sell||4,178||$18.90||$78,964.20|| |
|12/17/2013||L Frederick Sutherland||CFO||Sell||179,387||$18.90||$3,390,414.30|| |
|12/17/2013||Lynn Mckee||EVP||Sell||93,675||$18.90||$1,770,457.50|| |
|12/17/2013||Pincus Private Equity Warburg||Director||Sell||2,588,123||$18.90||$48,915,524.70|| |
Headline Trends for Aramark (NYSE:ARMK)
Latest Headlines for Aramark (NYSE:ARMK)
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Aramark (ARMK) Chart for Sunday, October, 22, 2017