Aramark (ARMK)

NYSE: ARMK · Real-Time Price · USD
38.95
+1.26 (3.34%)
Nov 20, 2024, 4:00 PM EST - Market closed
3.34%
Market Cap 10.26B
Revenue (ttm) 17.40B
Net Income (ttm) 262.52M
Shares Out 263.95M
EPS (ttm) 0.99
PE Ratio 39.34
Forward PE 20.26
Dividend $0.38 (0.98%)
Ex-Dividend Date Aug 19, 2024
Volume 2,225,506
Open 37.54
Previous Close 37.69
Day's Range 37.54 - 38.96
52-Week Range 26.58 - 42.04
Beta 1.68
Analysts Strong Buy
Price Target 41.71 (+7.09%)
Earnings Date Nov 11, 2024

About ARMK

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates in two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmen... [Read more]

Sector Industrials
IPO Date Dec 12, 2013
Employees 266,680
Stock Exchange NYSE
Ticker Symbol ARMK
Full Company Profile

Financial Performance

In 2024, Aramark's revenue was $17.40 billion, a decrease of -7.71% compared to the previous year's $18.85 billion. Earnings were $262.52 million, a decrease of -61.06%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ARMK stock is "Strong Buy." The 12-month stock price forecast is $41.71, which is an increase of 7.09% from the latest price.

Price Target
$41.71
(7.09% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Why This Aramark Analyst Is Raising Forecasts After Mixed Q4 Results

Aramark ARMK Monday reported upbeat earnings for its fiscal fourth quarter.

8 days ago - Benzinga

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.

9 days ago - Benzinga

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 Zillme...

9 days ago - Seeking Alpha

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 volu...

9 days ago - Investopedia

Aramark Reports Earnings Results for Fiscal 2024

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported results for the full year of fiscal 2024. “We reached new highs in our financial performance every quarter during fiscal 2024, ultima...

9 days ago - Business Wire

How To Earn $500 A Month From Aramark Stock Ahead Of Quarterly Earnings

Aramark ARMK will release earnings results for its fourth quarter, before the opening bell on Monday, Nov. 11.

12 days ago - Benzinga

Aramark Sports & Entertainment Announces Partnership with KZ Provisioning to Expand Services to Athletes Nationwide

NEW YORK--(BUSINESS WIRE)---- $ARMK--In the first collaboration of its kind, the award-winning, professional chef team behind KZ Provisioning, Andrew Zimmern and Gavin Kaysen, are joining forces with ...

22 days ago - Business Wire

Aramark SeniorLIFE+ Partners With Asbury Communities to Enhance Resident Experience

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark, (NYSE: ARMK), a global leader in food and facilities services, is proud to announce a new partnership with Asbury Communities, a national leader in se...

4 weeks ago - Business Wire

Aramark Healthcare+ Debuts on Modern Healthcare's “Best Places to Work in Healthcare” List with Two Leading Spots

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #WeAreAllCaregivers--Aramark Healthcare+, a leader in healthcare dining, nutrition, and facilities services, has been honored by Modern Healthcare with the #2 s...

5 weeks ago - Business Wire

Aramark to Host Conference Call on Fourth Quarter and Full Year Fiscal 2024 Results

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full year fiscal 2...

5 weeks ago - Business Wire

Aramark Receives Awards for Commitment to People and the Planet

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, busi...

2 months ago - Business Wire

Overlooked Stock: ARMK

Aramark (ARMK) reached a new all-time high on Tuesday as analysts upped their price targets for the food service company. What's the secret ingredient to their success?

2 months ago - Schwab Network

Aramark Sports + Entertainment Celebrates NFL's International Games with Globally Inspired Cuisine at Stadiums Across the U.S.

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--The 2024 NFL season is upon us, and Aramark Sports + Entertainment (Aramark, NYSE: ARMK) is bringing the spirit of global cuisine to its venues as the league p...

2 months ago - Business Wire

Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3

As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BBYGMSNVOXX
2 months ago - Benzinga

Aramark to Participate in Upcoming Goldman Sachs Conference

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Operating Officer, International, Carl Mittleman, and Chief F...

2 months ago - Business Wire

Humanity and Technology: Aramark Collegiate Hospitality Insights Feed the Whole Student Experience

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #BackToSchool--As the fall 2024 semester opens, college students look for a seamless integration of their tech-driven society with their yearning for a simpler ...

3 months ago - Business Wire

Aramark (ARMK) Q3 2024 Earnings Call Transcript

Aramark (NYSE:ARMK) Q3 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations and Corporate Development John Zillmer -...

3 months ago - Seeking Alpha

Aramark Reports Third Quarter Earnings

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported third quarter fiscal 2024 results. “We continued our record-breaking performance in the third quarter, setting new highs in revenue a...

3 months ago - Business Wire

Aramark Declares Quarterly Dividend

PHILADELPHIA--(BUSINESS WIRE)--Aramark's (NYSE: ARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on September 3, 2024 to stockholders of record at ...

3 months ago - Business Wire

Food and Feedback: Aramark Student Nutrition Embraces Community and Change for Collaborative Dining

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #BackToSchool--As the school year opens for Aramark (NYSE: ARMK), Student Nutrition is ready to power the potential of every student by serving up outstanding h...

4 months ago - Business Wire

Aramark Named a “Best Place to Work for Disability Inclusion”

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, a global leader in food and facilities management, proudly announced its recognition as a “Best Place to Work for Disability Incl...

4 months ago - Business Wire

Aramark to Host Conference Call on Third Quarter Fiscal 2024 Results

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its third quarter fiscal 2024 results on ...

4 months ago - Business Wire

Aramark: Visible Path To Both Revenue And EBIT Growth

Aramark has strong growth potential supported by volume and pricing power. The company operates in the contract catering industry, competing with Sodexo and Compass, and serves a wide range of vertica...

5 months ago - Seeking Alpha

Aramark and Pringle Robotics Team up to Deploy Autonomous Floor Cleaning Robots Across the Company's Businesses

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--To improve efficiency and achieve superior cleaning results, Aramark, (NYSE: ARMK), a leading global provider of food and facilities services, with operations ...

5 months ago - Business Wire

Aramark to Participate in Upcoming Investor Conferences

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that members of its executive management team are participating in the following upcomi...

6 months ago - Business Wire