Media stories about Aramark (NYSE:ARMK) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aramark earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.9693935300662 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Aramark (ARMK) traded down $0.01 during mid-day trading on Thursday, hitting $41.00. 790,015 shares of the stock were exchanged, compared to its average volume of 1,319,714. The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.09 and a current ratio of 1.40. The company has a market capitalization of $10,157.76, a price-to-earnings ratio of 19.07, a PEG ratio of 1.73 and a beta of 0.60. Aramark has a twelve month low of $36.06 and a twelve month high of $46.09.
Aramark (NYSE:ARMK) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.03. The business had revenue of $3.97 billion for the quarter, compared to analyst estimates of $3.88 billion. Aramark had a net margin of 3.65% and a return on equity of 18.68%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 earnings per share. equities analysts predict that Aramark will post 1.99 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 14th were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Tuesday, February 13th. Aramark’s dividend payout ratio is presently 19.53%.
ARMK has been the topic of a number of research reports. Nomura cut their price target on shares of Aramark from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Zacks Investment Research raised shares of Aramark from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. Stifel Nicolaus started coverage on shares of Aramark in a research report on Tuesday, December 19th. They issued a “buy” rating and a $50.00 price objective on the stock. Barclays boosted their price objective on shares of Aramark from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Friday, December 22nd. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $51.00 price objective on shares of Aramark in a research report on Friday, January 19th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Aramark currently has a consensus rating of “Buy” and an average target price of $47.43.
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Aramark Company Profile
Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform).
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