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

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$28.91 -0.99 (-3.31 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$29.90
Today's Range$28.83 - $29.82
52-Week Range$27.37 - $43.70
Volume2.64 million shs
Average Volume3.15 million shs
Market Capitalization$7.12 billion
P/E Ratio14.53
Dividend Yield1.47%
Beta1.1
Aramark provides food, facilities management, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It operates in three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel. The company offers managed services, including dining, catering, food service management, and convenience-oriented retail operations; non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, clinical equipment maintenance, grounds keeping, and capital project management services. It also provides on-site restaurants, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising landscaping, transportation, payment, and other facility consulting services relating to building operations. In addition, the company offers concessions, banquet, and catering services; retail services and merchandise sale, recreational, and lodging services; and facility management services at sports, entertainment, and recreational facilities. Additionally, the company offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also provides design, sourcing and manufacturing, delivery, cleaning, maintenance, and marketing services for uniforms and accessories; provides managed restroom services; and rents uniforms, work clothing, outerwear, particulate-free garments, and non-garment items and related services that include mats, shop towels, and first aid supplies. 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

Industry Eating places
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone215-238-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.79 billion
Cash Flow$4.2766 per share
Book Value$12.28 per share

Profitability

Net Income$567.88 million

Miscellaneous

Employees275,000
Market Cap$7.12 billion
Next Earnings Date5/14/2019 (Estimated)
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 declared a quarterly dividend on Thursday, January 31st. Stockholders of record on Thursday, February 14th will be paid a dividend of $0.11 per share on Thursday, February 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Wednesday, February 13th. View Aramark's Dividend History.

How will Aramark's stock buyback program work?

Aramark declared that its Board of Directors has authorized a share repurchase program on Thursday, April 6th 2017, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

How were Aramark's earnings last quarter?

Aramark (NYSE:ARMK) issued its quarterly earnings results on Tuesday, February, 5th. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.08. The company earned $4.27 billion during the quarter, compared to analysts' expectations of $4.19 billion. Aramark had a net margin of 3.27% and a return on equity of 17.81%. The company's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.59 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, May 14th 2019. View Earnings Estimates for Aramark.

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

Aramark updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.36. Aramark also updated its FY 2019 guidance to $2.30-2.40 EPS.

What price target have analysts set for ARMK?

12 brokerages have issued 1 year price targets for Aramark's stock. Their forecasts range from $28.00 to $52.00. On average, they expect Aramark's share price to reach $40.6364 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price. View Analyst Price Targets for Aramark.

What is the consensus analysts' recommendation for Aramark?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aramark in the last year. There are currently 4 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?

News headlines about ARMK stock have been trending neutral on Saturday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aramark earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near term.

Who are some of Aramark's key competitors?

What other stocks do shareholders of Aramark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aramark investors own include General Electric (GE), Micron Technology (MU), Starbucks (SBUX), Visa (V), Nike (NKE), Activision Blizzard (ATVI), Marathon Petroleum (MPC), Agilent Technologies (A), Southwest Airlines (LUV) and Tyson Foods (TSN).

Who are Aramark's key executives?

Aramark's management team includes the folowing people:
  • Mr. Eric J. Foss, Chairman, Pres & CEO (Age 61)
  • Mr. Stephen P. Bramlage Jr., Exec. VP, CFO & Principal Accounting Officer (Age 49)
  • Ms. Lynn B. McKee, Exec. VP of HR (Age 64)
  • Mr. Stephen R. Reynolds, Exec. Officer (Age 61)
  • Kate Pearlman, VP of Investor Relations & Risk Management

Who are Aramark's major shareholders?

Aramark's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (6.80%), Atlanta Capital Management Co. L L C (5.87%), BlackRock Inc. (5.69%), Lunia Capital LP (4.98%), Barrow Hanley Mewhinney & Strauss LLC (3.30%) and Massachusetts Financial Services Co. MA (2.50%). Company insiders that own Aramark stock include Brian P Pressler, Eric J Foss, James J Tarangelo, Lynn Mckee, Sanjeev K Mehra, Stephen I Sadove, Stephen P Bramlage Jr 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 Millennium Management LLC, D. E. Shaw & Co. Inc., Principal Financial Group Inc., Global Thematic Partners LLC, First Manhattan Co., Toronto Dominion Bank, SG Americas Securities LLC and Lunia Capital LP. Company insiders that have sold Aramark company stock in the last year include Lynn Mckee and Stephen R Reynolds. View Insider Buying and Selling for Aramark.

Which institutional investors are buying Aramark stock?

ARMK stock was purchased by a variety of institutional investors in the last quarter, including Lunia Capital LP, Barrow Hanley Mewhinney & Strauss LLC, Norges Bank, Two Sigma Advisers LP, FMR LLC, Two Sigma Investments LP, SPX Equities Gestao de Recursos Ltda and Dimensional Fund Advisors LP. Company insiders that have bought Aramark stock in the last two years include Eric J Foss, Sanjeev K Mehra, Stephen I Sadove and Stephen P Bramlage Jr. 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 $28.91.

How big of a company is Aramark?

Aramark has a market capitalization of $7.12 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:  340 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  618
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 3/23/2019 by MarketBeat.com Staff

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