Aramark (ARMK)

NYSE: ARMK · IEX Real-Time Price · USD
37.57
-0.39 (-1.03%)
Aug 19, 2022 4:00 PM EDT - Market closed
-1.03%
Market Cap 9.68B
Revenue (ttm) 15.49B
Net Income (ttm) 154.12M
Shares Out 257.72M
EPS (ttm) 0.60
PE Ratio 62.62
Forward PE 17.61
Dividend $0.44 (1.17%)
Ex-Dividend Date Aug 16, 2022
Volume 1,945,999
Open 37.82
Previous Close 37.96
Day's Range 37.24 - 38.03
52-Week Range 28.74 - 39.95
Beta 1.72
Analysts Buy
Price Target 41.60 (+10.7%)
Earnings Date Aug 9, 2022

About ARMK

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

Industry Hotels, Restaurants & Leisure
IPO Date Dec 12, 2013
CEO John Zillmer
Employees 248,300
Stock Exchange NYSE
Ticker Symbol ARMK
Full Company Profile

Financial Performance

In 2021, Aramark's revenue was $12.10 billion, a decrease of -5.72% compared to the previous year's $12.83 billion. Losses were -$90.83 million, -80.32% less than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for ARMK stock is "Buy." The 12-month stock price forecast is 41.6, which is an increase of 10.73% from the latest price.

Price Target
$41.6
(10.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is Aramark (ARMK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Why Fast-paced Mover Aramark (ARMK) Is a Great Choice for Value Investors

Aramark (ARMK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading ...

Aramark Sports + Entertainment Announces New Concessions Menu and Premium Foodservice Offerings for MLB at Field of D...

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--In advance of MLB at Field of Dreams presented by GEICO, Aramark Sports + Entertainment, the award-winning food and beverage, retail, and facilities services par...

Aramark (ARMK) Surpasses Q3 Earnings and Revenue Estimates

Aramark (ARMK) delivered earnings and revenue surprises of 8.70% and 6.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Aramark Reports Third Quarter Earnings

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported third quarter fiscal 2022 results. “I'm pleased to share that our fiscal third quarter results represented a significant milestone as r...

Futures Better Served: Aramark Returns to Campus with Renewed Focus and a New Name

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #BackToSchool--The heart of the home is usually the kitchen, and Aramark (NYSE: ARMK) knows that hospitality makes the difference in creating a campus experience ...

Aramark Declares Quarterly Dividend

PHILADELPHIA--(BUSINESS WIRE)--Aramark's (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on August 30, 2022 to stockholders of record at the c...

Aramark Increases Support of Minority-Owned Businesses: Announces Centers of Excellence Mentoring Cohort for Pennsylv...

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, the leading U.S.-based food service provider, announced today the start of its second mentoring cohort with the Eastern Minority Su...

Powering Potential: Aramark K12 Heads Back to School with New Menus, New Concepts, and a New Name

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #BackToSchool--As students in grades K-12 head back to the classroom, Aramark (NYSE: ARMK) is focused on introducing students to new global flavors, technological...

Aramark Named One of the Best Places to Work for Disability Inclusion; Scores 100% on Disability Equality Index

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, was named one the “Best Places to Work for Disability In...

Aramark Sports + Entertainment Becomes the Foodservice Provider for Reno Tahoe

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Sports + Entertainment, a division of Aramark (ARMK), today announced that it has become the new foodservice provider for Reno Tahoe. Reno Tahoe operates...

Aramark to Host Conference Call on Third Quarter 2022 Results

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter fiscal 2022 res...

Aramark Commits to Reducing Greenhouse Gas Emissions From the Food It Serves by 25 Percent by 2030

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), the largest U.S.-based food service provider, announced today it is the first contract catering company in the U.S. to...

Wells Fargo Center and Aramark Sports + Entertainment Announce Plans for New Club Level Restaurant in Collaboration W...

PHILADELPHIA--(BUSINESS WIRE)--Wells Fargo Center, Aramark Sports + Entertainment, and Starr Restaurants, led by entrepreneur and James Beard award-winning restaurateur Stephen Starr, today announced pl...

Aramark Announces Participation in Upcoming Investor Conferences

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its management team will participate in featured fireside chat ...

Aramark (ARMK) Q2 Earnings and Revenues Surpass Estimates

Aramark (ARMK) delivered earnings and revenue surprises of 4.76% and 2.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Aramark to spinoff uniform services into publicly traded business

Aramark ARMK, -4.35% announced on Tuesday plans to spinoff its uniform services business into a separate, publicly traded company, a plan the company says will allow them to focus on optimizing each bus...

Aramark Announces Plan to Separate Uniform Services Business into Independent Publicly Traded Company

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today announced its plan to separate Aramark Uniform Services (AUS) into an independent, publicly traded company. The transaction is intended to be st...

Aramark Reports Second Quarter Earnings

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported second quarter fiscal 2022 results. "Success driving our operational, strategic, investment, and cultural initiatives enabled Aramark t...

Aramark Ranked #10 on DiversityInc's List of Top Companies for Employee Resource Groups

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, is proud to announce it has been r...

Aramark to Host Conference Call on Second Quarter 2022 Results

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter fiscal 2022 re...

Aramark Adds New Flavors to Its Culinary Roster, Cooks up New Latin Concept With Chef Grace Ramirez

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), the largest U.S.-based food service provider, is teaming up with Chef and dedicated humanitarian, Grace Ramirez, to launch La Latina Cocina...

Aramark Chefs Graduate From the Culinary Institute of America's Prestigious ProChef Certification Program

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #ServiceStarSpotlight--Aramark (NYSE: ARMK), the largest U.S.-based food service company, is pleased to announce the graduation of 12 chefs from the prestigious P...

Aramark Recognizes Black Leadership and Excellence at Second Annual Lead Summit

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), the global hospitality, facilities, and uniform services provider, today announced the recipients of the 2022 Aramark ...

Aramark (ARMK) Q1 Earnings Lag Estimates

Aramark (ARMK) delivered earnings and revenue surprises of -4.35% and 4.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?