Featured Stock Update: Aramark (NYSE:ARMK)

Aramark (NYSE:ARMK)

Bernstein Initiates Coverage On Aramark (NYSE:ARMK)’s stock to Outperform with the price target of $52. This rating was issued on 9/17/18. The stock recently closed its previous session at $37.5 by showing a percentage change of -1.96% from its previous day closing price of $38.25.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Aramark (NYSE:ARMK) in which Morgan Stanley Maintains Aramark (NYSE:ARMK) to Equal-Weight by settling a price target of $45 on 9/13/18. Nomura Maintains the stock to Buy on 9/07/18 by stationing a price target of $50. Credit Suisse Initiates Coverage On the company’s stock to Outperform on 8/10/18 by setting a price target of $52. Morgan Stanley Maintains Aramark (NYSE:ARMK) to Equal-Weight with a price target of $44.

Aramark (NYSE:ARMK) currently has a consensus Price Target of $49.27. While some analysts have a High Price target for the stock of $54 and a Low Price Target of $44.

Several sell side analysts reviewed their recommendations on Aramark (NYSE:ARMK) where 2 analyst have rated the stock as Strong Buy, 4 analysts said it’s a Buy, 5 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.86. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Aramark (NYSE:ARMK) reported its Actual EPS of $0.48/share. The analysts offering Earnings Estimates for the company were believing that Aramark (NYSE:ARMK) could bring EPS of $0.47/share. The difference between Actual EPS and Estimated EPS was 0.01 Percent. Thus the company showed an Earnings Surprise of 2.1 Percent.

Aramark (NYSE:ARMK) has a market capitalization of 9.24 Billion. The stock traded with the volume of 3.92 Million shares in the last trading session. The stock touched its high share price of $46.09 on 01/29/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 05/03/18 as $36.28. The company has a 1 Year high price target of $48.78. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -9.28%. The Moving Average SMA50 is -9.13% while SMA200 is -7.06%.

Aramark (NYSE:ARMK) is currently showing its ROA (Return on Assets) of 4%. The Return on Investment (ROI) is at 8.6% while it’s Return on Equity (ROE) value stands at 18.7%. The stock currently shows its YTD (Year to Date) performance of -12.26 percent while its Weekly performance value is -6.72%. The Monthly and Yearly performances are -12.73 percent and -13.37 percent respectively. The Relative Volume value measured for Aramark (NYSE:ARMK) is 2.14. The Average Volume (3 months) is 1.83 Million.

The stock currently has its Annual Dividend of $0.42 and an annual Dividend Yield of 1.12 Percent. ARMK has P/E (Price to Earnings ttm) value of 29.32, Forward P/E of 14.59, P/C (Price to cash per share) of 57.05 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 4.9 percent.

Company Profile:

ARAMARK Holdings Corporation offers food services, facilities management, uniform and career apparel to health care institutions, universities, school districts, stadiums and businesses. It operates primarily in three segments: Food and Support Services North America, Food and Support Services International and Uniform and Career Apparel segment. The company’s FSS North America and FSS International segment provides food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping. Uniform segment provides rental, sale, cleaning, maintenance and delivery of personalized uniform and career apparel and other textile items. It operates primarily in North America, United Kingdom, Germany, Chile and Ireland. ARAMARK Holdings Corporation is headquartered in Philadelphia, PA.