37.62 USD
+0.21
0.56%
At close Dec 20, 4:00 PM EST
After hours
37.62
+0.00
0.00%
1 day
0.56%
5 days
-6.51%
1 month
-3.41%
3 months
-0.34%
6 months
11.73%
Year to date
34.65%
1 year
37.35%
5 years
-13.87%
10 years
24.04%
 

About: Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.

Employees: 266,680

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

53% more call options, than puts

Call options by funds: $49.7M | Put options by funds: $32.4M

2% more capital invested

Capital invested by funds: $9.44B [Q2] → $9.6B (+$160M) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 132

2% less funds holding

Funds holding: 365 [Q2] → 356 (-9) [Q3]

11.25% less ownership

Funds ownership: 105.54% [Q2] → 94.29% (-11.25%) [Q3]

16% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 58

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$41
9%
upside
Avg. target
$44
17%
upside
High target
$46
22%
upside

7 analyst ratings

positive
71%
neutral
29%
negative
0%
Morgan Stanley
Toni Kaplan
50% 1-year accuracy
11 / 22 met price target
14%upside
$43
Equal-Weight
Maintained
12 Dec 2024
Baird
Andrew Wittmann
81% 1-year accuracy
26 / 32 met price target
20%upside
$45
Neutral
Maintained
12 Dec 2024
Stifel
Shlomo Rosenbaum
72% 1-year accuracy
13 / 18 met price target
20%upside
$45
Buy
Maintained
12 Nov 2024
Truist Securities
Jasper Bibb
75% 1-year accuracy
12 / 16 met price target
22%upside
$46
Buy
Maintained
12 Nov 2024
JP Morgan
Andrew Steinerman
57% 1-year accuracy
12 / 21 met price target
20%upside
$45
Overweight
Maintained
12 Nov 2024

Financial journalist opinion

Based on 3 articles about ARMK published over the past 30 days

Neutral
Business Wire
1 day ago
Avendra International Acquires Spanish-Based Quantum
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company's position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. Quantum has customer spend of nearly hal.
Avendra International Acquires Spanish-Based Quantum
Neutral
Business Wire
3 weeks ago
Aramark to Participate in Upcoming Redburn Atlantic CEO Conference
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Executive Officer, John Zillmer, will participate in the Redburn Atlantic CEO Conference on Tuesday, December 3, 2024, with a featured Fireside Chat session beginning at 7:00 a.m. EST, 12:00 p.m. GMT. A live audio webcast and replay of the fireside chat session will be available through the Investor Relations section of the Aramark website at www.aramark.com.
Aramark to Participate in Upcoming Redburn Atlantic CEO Conference
Positive
Seeking Alpha
4 weeks ago
Aramark: Robust FY25 Outlook
I reiterate a buy rating for ARMK due to its robust FY25 outlook, driven by organic growth and a strengthened balance sheet. Aramark's 4Q24 earnings were in line with expectations, with revenue growth driven by organic means and strong pipeline momentum. The launch of Avendra, ARMK's global GPO, is expected to enhance margins by leveraging scale for better purchasing deals.
Aramark: Robust FY25 Outlook
Positive
Zacks Investment Research
1 month ago
Aramark Q4 Earnings In Line With Expectations, Dividend Hiked by 11%
ARMK's fiscal Q4 results show record revenues and profitability across both segments, driven by organic revenue growth and higher profitability.
Aramark Q4 Earnings In Line With Expectations, Dividend Hiked by 11%
Positive
Benzinga
1 month ago
Why This Aramark Analyst Is Raising Forecasts After Mixed Q4 Results
Aramark ARMK Monday reported upbeat earnings for its fiscal fourth quarter.
Why This Aramark Analyst Is Raising Forecasts After Mixed Q4 Results
Neutral
Benzinga
1 month ago
Crude Oil Down 3%; Aramark Posts Upbeat Earnings
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling more than 50 points on Monday.
Crude Oil Down 3%; Aramark Posts Upbeat Earnings
Neutral
Seeking Alpha
1 month ago
Aramark (ARMK) Q4 2024 Earnings Call Transcript
Aramark (NYSE:ARMK ) Q4 2024 Earnings Conference Call November 11, 2024 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations and Corporate Development John Zillmer - Chief Executive Officer Jim Tarangelo - Chief Financial Officer Conference Call Participants Neil Tyler - Redburn Atlantic Josh Chan - UBS Isaac Sellhausen - Oppenheimer Andrew Steinerman - JPMorgan Lizzie Dove - Goldman Sachs Jasper Bibb - Truist Securities Faiza Alwy - Deutsche Bank Adam Parrington - Stifel Toni Kaplan - Morgan Stanley Andrew Wittmann - Baird Jaafar Mestari - BNP Paribas Exane Harold Antor - Jefferies Operator Good morning, and welcome to Aramark's Fiscal 2024 Earnings Results Conference Call. My name is Kevin, and I'll be your operator for today's call.
Aramark (ARMK) Q4 2024 Earnings Call Transcript
Positive
Investopedia
1 month ago
Aramark Stock Hits All-Time High as Adjusted Profit Tops Forecasts
Shares of Aramark (ARMK) traded at an all-time high Monday as the provider of food, beverages, and other services to sports and entertainment venues posted better-than-expected adjusted profit as volumes grew. It also boosted its dividend and announced a new stock buyback plan.
Aramark Stock Hits All-Time High as Adjusted Profit Tops Forecasts
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Aramark (ARMK) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Aramark (ARMK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Aramark (ARMK) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
1 month ago
Aramark (ARMK) Matches Q4 Earnings Estimates
Aramark (ARMK) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.64 per share a year ago.
Aramark (ARMK) Matches Q4 Earnings Estimates
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