Jefferies Financial Group Comments on Aramark’s FY2025 Earnings (NYSE:ARMK)

Aramark (NYSE:ARMKGet Rating) – Jefferies Financial Group issued their FY2025 earnings per share estimates for Aramark in a research note issued on Wednesday, November 16th. Jefferies Financial Group analyst S. Moore expects that the company will post earnings of $3.31 per share for the year. Jefferies Financial Group currently has a “Hold” rating and a $36.00 target price on the stock. The consensus estimate for Aramark’s current full-year earnings is $1.90 per share.

Aramark (NYSE:ARMKGet Rating) last issued its earnings results on Tuesday, November 15th. The company reported $0.49 EPS for the quarter, meeting analysts’ consensus estimates of $0.49. Aramark had a return on equity of 10.70% and a net margin of 1.19%. The firm had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same quarter in the previous year, the company posted $0.21 earnings per share. The business’s quarterly revenue was up 23.6% compared to the same quarter last year.

A number of other brokerages also recently commented on ARMK. StockNews.com assumed coverage on Aramark in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft upped their price target on Aramark from $40.00 to $43.00 in a research note on Wednesday, November 16th. Royal Bank of Canada upped their price target on Aramark from $38.00 to $45.00 in a research note on Wednesday, November 16th. TheStreet upgraded Aramark from a “c” rating to a “b-” rating in a research note on Tuesday, November 15th. Finally, Morgan Stanley upped their price target on Aramark from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 16th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Aramark presently has a consensus rating of “Hold” and a consensus target price of $42.00.

Aramark Stock Performance

Shares of NYSE ARMK opened at $40.64 on Monday. The business’s 50-day moving average price is $35.58 and its two-hundred day moving average price is $34.22. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.25 and a quick ratio of 1.05. Aramark has a one year low of $28.74 and a one year high of $41.20. The company has a market capitalization of $10.47 billion, a P/E ratio of 53.47, a price-to-earnings-growth ratio of 0.78 and a beta of 1.66.

Aramark Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 5th. Shareholders of record on Tuesday, November 22nd will be issued a $0.11 dividend. The ex-dividend date is Monday, November 21st. This represents a $0.44 annualized dividend and a yield of 1.08%. Aramark’s dividend payout ratio (DPR) is 57.90%.

Hedge Funds Weigh In On Aramark

Several large investors have recently added to or reduced their stakes in ARMK. PointState Capital LP bought a new stake in Aramark during the 3rd quarter worth approximately $61,807,000. Goldman Sachs Group Inc. grew its position in Aramark by 110.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,402,426 shares of the company’s stock worth $127,931,000 after acquiring an additional 1,782,146 shares during the last quarter. Bank of Montreal Can grew its position in Aramark by 4,311.6% during the 3rd quarter. Bank of Montreal Can now owns 1,547,979 shares of the company’s stock worth $49,828,000 after acquiring an additional 1,512,890 shares during the last quarter. Balyasny Asset Management LLC bought a new stake in Aramark during the 3rd quarter worth approximately $32,702,000. Finally, Canada Pension Plan Investment Board grew its position in Aramark by 125.2% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,438,956 shares of the company’s stock worth $44,895,000 after acquiring an additional 799,990 shares during the last quarter.

About Aramark

(Get Rating)

Aramark engages in the provision of food, facilities, and uniform services. It operates through the following segments: Food and Support Services United States (FSS United States), Food and Support Services International (FSS International), and Uniform. The FSS United States segment offers food, hospitality and facility services for school districts, colleges and universities, healthcare facilities, businesses, sports, entertainment and recreational venues, conference and convention centers, national and state parks, and correctional institutions.

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Earnings History and Estimates for Aramark (NYSE:ARMK)

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