Aramark (ARMK)
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]
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 StatementsAnalyst 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.
News
Why This Aramark Analyst Is Raising Forecasts After Mixed Q4 Results
Aramark ARMK Monday reported upbeat earnings for its fiscal fourth quarter.
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.
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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?
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...
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.
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...
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 ...
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 -...
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...
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 ...
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...
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...
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 ...
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...
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 ...
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...