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NYSE:ARMKAramark Stock Price, Forecast & News

$24.56
-0.54 (-2.15 %)
(As of 05/25/2020 03:33 PM ET)
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Today's Range
$24.00
Now: $24.56
$25.20
50-Day Range
$17.00
MA: $23.20
$28.61
52-Week Range
$9.65
Now: $24.56
$47.22
Volume2.86 million shs
Average Volume3.23 million shs
Market Capitalization$6.20 billion
P/E Ratio55.82
Dividend Yield1.79%
Beta1.69
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.6Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.79 out of 5 stars


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$16.23 billion
Cash Flow$4.69 per share
Book Value$13.45 per share

Profitability

Net Income$448.55 million

Miscellaneous

Employees284,150
Market Cap$6.20 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Aramark (NYSE:ARMK) Frequently Asked Questions

How has Aramark's stock been impacted by COVID-19 (Coronavirus)?

Aramark's stock was trading at $26.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ARMK shares have decreased by 5.6% and is now trading at $24.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Aramark?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aramark in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Aramark.

When is Aramark's next earnings date?

Aramark is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Aramark.

How were Aramark's earnings last quarter?

Aramark (NYSE:ARMK) announced its earnings results on Tuesday, May, 5th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.73 billion. Aramark had a net margin of 0.70% and a return on equity of 15.52%. The firm's revenue was down 6.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.45 EPS. View Aramark's earnings history.

How often does Aramark pay dividends? What is the dividend yield for Aramark?

Aramark declared a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, May 19th will be given a dividend of $0.11 per share on Tuesday, June 2nd. This represents a $0.44 annualized dividend and a yield of 1.79%. The ex-dividend date is Monday, May 18th. View Aramark's dividend history.

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

Aramark issued an update on its second quarter earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of $0.24-0.26 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.22. The company issued revenue guidance of ~$3.8 billion, compared to the consensus revenue estimate of $3.71 billion.

What price target have analysts set for ARMK?

12 brokerages have issued 12 month target prices for Aramark's shares. Their forecasts range from $20.00 to $50.00. On average, they anticipate Aramark's share price to reach $36.27 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View analysts' price targets for Aramark.

Has Aramark been receiving favorable news coverage?

Press coverage about ARMK stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aramark earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutAramark.

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 Kohl's (KSS), Walt Disney (DIS), Marathon Petroleum (MPC), AbbVie (ABBV), Activision Blizzard (ATVI), General Electric (GE), Starbucks (SBUX), GrubHub (GRUB), Southwest Airlines (LUV) and Nike (NKE).

Who are Aramark's key executives?

Aramark's management team includes the following 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)
  • Ms. Felise Glantz Kissell, VP of Investor Relations & Corp. Affairs
  • Ms. Lauren A. Harrington, Sr. VP & Gen. Counsel (Age 43)

What is Aramark's stock symbol?

Aramark trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARMK."

Who are Aramark's major shareholders?

Aramark's stock is owned by a number of institutional and retail investors. Top institutional investors include Atlanta Capital Management Co. L L C (8.40%), BlackRock Inc. (5.21%), Janus Henderson Group PLC (3.81%), Capital International Investors (3.55%), Capital World Investors (2.85%) and Wellington Management Group LLP (2.82%). Company insiders that own Aramark stock include Eric J Foss, Greg Creed, John J Zillmer, Keith Bethel, Lynn Mckee, Marc A Bruno, Ridge Lp Mantle, Stephen I Sadove, Stephen P Bramlage Jr, Stephen R Reynolds and Thomas Gerard Ondrof. View institutional ownership trends for Aramark.

Which major investors are selling Aramark stock?

ARMK stock was sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., BlackRock Inc., First Manhattan Co., UBS Group AG, Invesco Ltd., Two Sigma Advisers LP, Russell Investments Group Ltd., and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold Aramark company stock in the last year include Keith Bethel, Lynn Mckee, and Ridge Lp Mantle. View insider buying and selling activity for Aramark.

Which major investors are buying Aramark stock?

ARMK stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Eminence Capital LP, Morgan Stanley, Atlanta Capital Management Co. L L C, Canada Pension Plan Investment Board, Capital Research Global Investors, and Janus Henderson Group PLC. Company insiders that have bought Aramark stock in the last two years include Eric J Foss, Greg Creed, John J Zillmer, Marc A Bruno, Stephen I Sadove, Stephen P Bramlage Jr, and Thomas Gerard Ondrof. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Aramark's stock price today?

One share of ARMK stock can currently be purchased for approximately $24.56.

How big of a company is Aramark?

Aramark has a market capitalization of $6.20 billion and generates $16.23 billion in revenue each year. The company earns $448.55 million in net income (profit) each year or $2.24 on an earnings per share basis. Aramark employs 284,150 workers across the globe.

What is Aramark's official website?

The official website for Aramark is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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