Aramark (ARMK)

NYSE: ARMK · IEX Real-Time Price · USD
32.33
-0.22 (-0.68%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-0.68%
Market Cap 8.49B
Revenue (ttm) 18.66B
Net Income (ttm) 628.49M
Shares Out 262.45M
EPS (ttm) 2.40
PE Ratio 13.47
Forward PE 18.98
Dividend $0.38 (1.18%)
Ex-Dividend Date Feb 13, 2024
Volume 1,153,854
Open 32.47
Previous Close 32.55
Day's Range 32.05 - 32.61
52-Week Range 23.95 - 33.04
Beta 1.54
Analysts Strong Buy
Price Target 35.19 (+8.85%)
Earnings Date May 7, 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 through 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, envir... [Read more]

Sector Industrials
IPO Date Dec 12, 2013
Employees 262,550
Stock Exchange NYSE
Ticker Symbol ARMK
Full Company Profile

Financial Performance

In 2023, Aramark's revenue was $18.85 billion, an increase of 15.48% compared to the previous year's $16.33 billion. Earnings were $674.11 million, an increase of 246.61%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for ARMK stock is "Strong Buy." The 12-month stock price forecast is $35.19, which is an increase of 8.85% from the latest price.

Price Target
$35.19
(8.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Aramark to Host Conference Call on Second 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 second quarter fiscal 2024 results on...

9 days ago - Business Wire

Aramark Completes Debt Repricing

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today the successful completion of a favorable repricing of the Company's 2028 Term Lo...

4 weeks ago - Business Wire

DiversityComm Magazine Names Aramark as a 2024 Top Supplier Diversity Program for Women's Business Enterprises

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

4 weeks ago - Business Wire

Aramark Chefs Awarded Distinguished ProChef® Certification From the Culinary Institute of America

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), the largest U.S.-based food service provider, is pleased to announce 17 chefs from its Collegiate Hospitality group ...

6 weeks ago - Business Wire

Aramark to Participate in Upcoming BofA Securities Investor Conference

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Executive Officer, John Zillmer, and Chief Financial Officer,...

7 weeks ago - Business Wire

Aramark Reports First Quarter Earnings

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported first quarter fiscal 2024 results. "Aramark is off to a great start in this new fiscal year, achieving record revenue across both our...

2 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 February 28, 2024 to stockholders of record at ...

3 months ago - Business Wire

Aramark Publishes Annual Update on Responsible Business Practices in the 2023 Be Well. Do Well. Progress Report

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

3 months ago - Business Wire

Aramark to Host Conference Call on First 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 first quarter fiscal 2024 results on ...

3 months ago - Business Wire

Aramark Launches New Telehealth Program to Digitally Connect Hospital Inpatients with Clinical Nutrition Services

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), one of the largest employers of Registered Dietitians in the U.S., today announced a new program designed to remotely connect its highly ...

3 months ago - Business Wire

Mama Kelce's Cookies Will Be Sold at Chiefs' and Eagles' NFL Christmas Games to Benefit Operation Breakthrough and the Eagles Autism Foundation

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Introducing: Mama Kelce's Cookies! Aramark Sports + Entertainment, the award-winning food and beverage partner at GEHA Field at Arrowhead Stadium (Kansas City ...

4 months ago - Business Wire

Aramark Announces Tom Ondrof Plans to Retire as Chief Financial Officer; Jim Tarangelo, SVP Finance & Treasurer, Appointed Successor

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today announced that Tom Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024, at which time he will serve...

4 months ago - Business Wire

Aramark Receives Equality 100 Award from the Human Rights Campaign Foundation

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), a global leader in hospitality and facilities services, proudly announced it received a score of 100 on the Human Ri...

5 months ago - Business Wire

Aramark Student Nutrition's “The ACE Show” Promotes Healthy Habits for Students

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #K12--Aramark Student Nutrition, a leader in providing food services to educational institutions, is excited to announce the launch of The ACE Show, a dynamic a...

5 months ago - Business Wire

Aramark tops revenue expectations as profit matches, and stock slips

Shares of Aramark ARMK, slipped 0.1% in premarket trading Tuesday, after the food and facilities company matched fiscal fourth-quarter profit expectations but beat revenue forecasts. Net income for th...

5 months ago - Market Watch

Aramark Reports Fourth Quarter and Full Year Fiscal 2023 Results

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported fourth quarter and full year fiscal 2023 results. "This year represented a significant step forward in achieving our strategic and fi...

5 months ago - Business Wire

Aramark to Participate in Upcoming J.P. Morgan Investor Conference

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that the Company's Chief Financial Officer, Tom Ondrof, will participate in the J.P. Mo...

6 months ago - Business Wire

Aramark Sports + Entertainment Launches ‘Aura'

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Sports + Entertainment (Aramark, NYSE: ARMK), the award-winning food and beverage partner at premier stadiums, arenas, convention centers, cultural att...

6 months ago - Business Wire

Fueling Student Athletes for Peak Performance Takes Precise Nutrition: Aramark Collegiate Hospitality Launches Eat to Excel™ Dining Platform Designed Specifically for Athletes

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Collegiate Hospitality (ACH) has launched a performance-based dining platform designed to help student athletes excel on and off the field. Created wit...

6 months ago - Business Wire

Aramark to Host Conference Call on Fourth Quarter and Full-Year Fiscal 2023 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...

6 months ago - Business Wire

Sasha Day Named President and CEO of Aramark Destinations: Bruce Fears Retires After 40 Years of Service & Stewardship

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Sasha Day has been named President and CEO of ARAMARK Destinations, effective immediately, it was announced today by Marc Bruno, Aramark COO, US Food & Facilit...

7 months ago - Business Wire

Aramark investors should root for an Astros-Phillies World Series rematch, or a Blue Jays surprise, analyst says

If you're an investor in the shares of Aramark, which provides food and hospitality services for many professional sports teams, then you should be rooting for the Houston Astros and the Philadelphia ...

7 months ago - Market Watch

Vestis Completes Spin-Off from Aramark

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has completed its previously announced, spin-off from Aramark (NYSE: ARMK). Vestis will begin trad...

Other symbols: VSTS
7 months ago - Business Wire

Aramark Completes Spin-Off of Vestis™

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), today announced that it has completed the spin-off of Vestis Corporation (“Vestis”), which holds Aramark's uniform and workplace supplies business....

Other symbols: VSTS
7 months ago - Business Wire

Veralto Set to Join S&P 500; Vestis to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices

Other symbols: AVDDHRDXCKKSSKLGVSTS
7 months ago - PRNewsWire