Aramark (NYSE:ARMK) Issues FY25 Earnings Guidance

Aramark (NYSE:ARMK) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.91-1.98 for the period, compared to the consensus earnings per share estimate of $1.93. Aramark also updated its FY 2025 guidance to 1.910-1.980 EPS.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ARMK shares. Stifel Nicolaus raised their price target on Aramark from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Truist Financial increased their price objective on shares of Aramark from $42.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Morgan Stanley raised their price objective on shares of Aramark from $40.00 to $43.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. UBS Group increased their price objective on shares of Aramark from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, StockNews.com cut Aramark from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.59.

Aramark Trading Up 1.6 %

Shares of Aramark stock traded up $0.59 on Wednesday, hitting $38.25. 753,064 shares of the company’s stock traded hands, compared to its average volume of 1,908,260. The company has a market capitalization of $10.13 billion, a price-to-earnings ratio of 38.61 and a beta of 1.64. The company has a fifty day moving average of $38.73 and a two-hundred day moving average of $37.70. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.81 and a quick ratio of 0.72. Aramark has a one year low of $28.51 and a one year high of $42.49.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.61 billion. Aramark had a net margin of 1.51% and a return on equity of 14.06%. Aramark’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. As a group, sell-side analysts expect that Aramark will post 1.93 earnings per share for the current year.

Aramark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Monday, February 10th will be issued a dividend of $0.105 per share. The ex-dividend date is Monday, February 10th. This represents a $0.42 annualized dividend and a yield of 1.10%. This is an increase from Aramark’s previous quarterly dividend of $0.00. Aramark’s dividend payout ratio is 42.42%.

Aramark Company Profile

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, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.