Aramark (ARMK)
NYSE: ARMK · IEX Real-Time Price · USD
32.19
-0.36 (-1.11%)
Apr 25, 2024, 11:28 AM EDT - Market open
Aramark Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Aramark stock have an average target of 35.19, with a low estimate of 28 and a high estimate of 49. The average target predicts an increase of 9.32% from the current stock price of 32.19.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 20, 2024.
Analyst Ratings
The average analyst rating for Aramark stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 7 | 7 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $35 → $37 | Strong Buy | Maintains | $35 → $37 | +14.94% | Mar 20, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $28 → $30 | Hold | Maintains | $28 → $30 | -6.80% | Feb 7, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $33 → $35 | Strong Buy | Maintains | $33 → $35 | +8.73% | Feb 7, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $33 | Hold | Reiterates | $33 | +2.52% | Feb 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $33 | Strong Buy | Initiates | $33 | +2.52% | Jan 17, 2024 |
Financial Forecast
Revenue This Year
17.78B
from 18.85B
Decreased by -5.67%
Revenue Next Year
18.78B
from 17.78B
Increased by 5.62%
EPS This Year
1.59
from 2.57
Decreased by -38.02%
EPS Next Year
1.98
from 1.59
Increased by 24.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.4B | 19.5B | 20.7B | 22.0B | 23.4B |
| Avg | 17.8B | 18.8B | 19.7B | 21.3B | 22.7B |
| Low | 17.0B | 17.8B | 18.7B | 20.4B | 21.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.4% | 9.8% | 10.2% | 11.5% | 9.7% |
| Avg | -5.7% | 5.6% | 5.1% | 8.1% | 6.4% |
| Low | -10.0% | 0.1% | -0.4% | 3.6% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.71 | 2.25 | 2.71 | 2.70 | 2.99 |
| Avg | 1.59 | 1.98 | 2.36 | 2.62 | 2.91 |
| Low | 1.48 | 1.68 | 2.06 | 2.52 | 2.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -33.4% | 41.2% | 36.7% | 14.3% | 14.2% |
| Avg | -38.0% | 24.6% | 19.0% | 11.0% | 10.9% |
| Low | -42.6% | 5.2% | 3.7% | 6.6% | 6.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.