Brokerages Set Aramark (NYSE:ARMK) Target Price at $54.25

Aramark (NYSE:ARMK) has been given a consensus rating of “Moderate Buy” by the thirteen brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $54.25.

A number of brokerages have recently commented on ARMK. Royal Bank Of Canada upped their price target on Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Morgan Stanley boosted their price objective on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Oppenheimer boosted their price objective on Aramark from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Finally, UBS Group boosted their price objective on Aramark from $48.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th.

Hedge Funds Weigh In On Aramark

Institutional investors and hedge funds have recently modified their holdings of the business. Activest Wealth Management acquired a new position in shares of Aramark in the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd acquired a new position in Aramark during the 3rd quarter worth approximately $28,000. Cedar Mountain Advisors LLC acquired a new position in Aramark during the 1st quarter worth approximately $32,000. Kestra Advisory Services LLC acquired a new position in Aramark during the 4th quarter worth approximately $32,000. Finally, Quarry LP acquired a new position in Aramark during the 3rd quarter worth approximately $35,000.

Aramark Stock Performance

Shares of ARMK stock opened at $53.38 on Friday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. The stock has a market cap of $14.04 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 1.10 and a beta of 1.08. The stock has a 50-day moving average of $45.48 and a 200-day moving average of $41.08. Aramark has a one year low of $35.07 and a one year high of $53.88.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.Aramark’s revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, sell-side analysts expect that Aramark will post 2.24 earnings per share for the current year.

Aramark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be given a $0.12 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. Aramark’s payout ratio is currently 35.82%.

About Aramark

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.