NYSE:ARMK - Aramark Stock Price, News, & Analysis

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$32.71 +0.60 (+1.87 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$32.11
Today's Range$32.44 - $33.14
52-Week Range$30.78 - $46.09
Volume6.03 million shs
Average Volume1.94 million shs
Market Capitalization$7.69 billion
P/E Ratio16.44
Dividend Yield1.41%
Beta0.89
Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. The company operates through three segments: Food and Support Services North America, Food and Support Services International, Uniform and Career Apparel. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. The company also provides non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and facilities services comprising clinical equipment maintenance, environmental, plant operations, energy and supply chain management, and purchasing. In addition, it offers on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, the company provides facility and business support services banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, it offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, as well as ancillary items. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Eating places
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNYSE:ARMK
Previous Symbol
CUSIPN/A
Phone215-238-3000

Debt

Debt-to-Equity Ratio2.38
Current Ratio1.17
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio16.44
Forward P/E Ratio14.47
P/E Growth1.12

Sales & Book Value

Annual Sales$15.79 billion
Price / Sales0.51
Cash Flow$4.6729 per share
Price / Cash Flow7.00
Book Value$12.28 per share
Price / Book2.66

Profitability

EPS (Most Recent Fiscal Year)$1.99
Net Income$567.88 million
Net Margins3.60%
Return on Equity17.76%
Return on Assets3.77%

Miscellaneous

Employees275,000
Outstanding Shares246,730,000
Market Cap$7.69 billion
OptionableOptionable

Aramark (NYSE:ARMK) Frequently Asked Questions

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 announced a quarterly dividend on Wednesday, November 14th. Stockholders of record on Monday, November 26th will be given a dividend of $0.11 per share on Thursday, December 6th. This represents a $0.44 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Friday, November 23rd. This is a positive change from Aramark's previous quarterly dividend of $0.11. View Aramark's Dividend History.

How will Aramark's stock buyback program work?

Aramark declared that its board has authorized a stock repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Aramark's earnings last quarter?

Aramark (NYSE:ARMK) announced its quarterly earnings results on Tuesday, November, 13th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.03. The business earned $3.91 billion during the quarter, compared to analyst estimates of $3.96 billion. Aramark had a return on equity of 17.76% and a net margin of 3.60%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.54 EPS. View Aramark's Earnings History.

When is Aramark's next earnings date?

Aramark is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Aramark.

What guidance has Aramark issued on next quarter's earnings?

Aramark issued an update on its FY19 earnings guidance on Tuesday, December, 11th. The company provided earnings per share (EPS) guidance of $2.27-2.37 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.50.

What price target have analysts set for ARMK?

10 equities research analysts have issued twelve-month target prices for Aramark's shares. Their forecasts range from $35.00 to $52.00. On average, they anticipate Aramark's share price to reach $45.40 in the next year. This suggests a possible upside of 38.8% from the stock's current price. View Analyst Price Targets for Aramark.

What is the consensus analysts' recommendation for Aramark?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aramark in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aramark.

Has Aramark been receiving favorable news coverage?

Media stories about ARMK stock have trended somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Aramark earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Aramark's key competitors?

Who are Aramark's key executives?

Aramark's management team includes the folowing people:
  • Mr. Eric J. Foss, Chairman, Pres & CEO (Age 60)
  • Mr. Stephen P. Bramlage Jr., Exec. VP & CFO (Age 48)
  • Mr. Stephen R. Reynolds, Exec. VP, Gen. Counsel & Sec. (Age 60)
  • Ms. Lynn B. McKee, Exec. VP of HR (Age 63)
  • Mr. Harrald F. Kroeker, Sr. VP of Transformation (Age 60)

Who are Aramark's major shareholders?

Aramark's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc (8.48%), FMR LLC (5.83%), Atlanta Capital Management Co. L L C (5.66%), BlackRock Inc. (5.64%), Capital Research Global Investors (5.48%) and Janus Henderson Group PLC (3.47%). Company insiders that own Aramark stock include Brian P Pressler, Eric J Foss, James J Tarangelo, Lynn Mckee, Sanjeev K Mehra and Stephen R Reynolds. View Institutional Ownership Trends for Aramark.

Which institutional investors are selling Aramark stock?

ARMK stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Massachusetts Financial Services Co. MA, TIAA CREF Investment Management LLC, Frontier Capital Management Co. LLC, Martingale Asset Management L P, Unigestion Holding SA, Mitsubishi UFJ Trust & Banking Corp and Wells Fargo & Company MN. View Insider Buying and Selling for Aramark.

Which institutional investors are buying Aramark stock?

ARMK stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Atlanta Capital Management Co. L L C, Montag & Caldwell LLC, Credit Suisse AG, FMR LLC, Morgan Stanley, Victory Capital Management Inc. and Capital World Investors. Company insiders that have bought Aramark stock in the last two years include Eric J Foss and Sanjeev K Mehra. View Insider Buying and Selling for Aramark.

How do I buy shares of Aramark?

Shares of ARMK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Aramark's stock price today?

One share of ARMK stock can currently be purchased for approximately $32.71.

How big of a company is Aramark?

Aramark has a market capitalization of $7.69 billion and generates $15.79 billion in revenue each year. The company earns $567.88 million in net income (profit) each year or $1.99 on an earnings per share basis. Aramark employs 275,000 workers across the globe.

What is Aramark's official website?

The official website for Aramark is http://www.aramark.com.

How can I contact Aramark?

Aramark's mailing address is ARAMARK TOWER 1101 MARKET STREET, PHILADELPHIA PA, 19107. The company can be reached via phone at 215-238-3000 or via email at [email protected]


MarketBeat Community Rating for Aramark (NYSE ARMK)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  590
MarketBeat's community ratings are surveys of what our community members think about Aramark and other stocks. Vote "Outperform" if you believe ARMK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARMK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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