Aramark (NYSE:ARMK) Issues FY 2025 Earnings Guidance

Aramark (NYSE:ARMK) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 1.910-1.980 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

Aramark Trading Up 0.4 %

Shares of ARMK stock traded up $0.15 during trading hours on Thursday, hitting $39.24. 40,573 shares of the company’s stock traded hands, compared to its average volume of 2,218,688. The company has a quick ratio of 0.86, a current ratio of 0.81 and a debt-to-equity ratio of 1.42. Aramark has a 12 month low of $26.27 and a 12 month high of $42.04. The stock has a market cap of $10.34 billion, a PE ratio of 39.49 and a beta of 1.62. The stock’s 50 day simple moving average is $38.24 and its 200 day simple moving average is $35.17.

Aramark (NYSE:ARMK) last issued its earnings results on Monday, November 11th. The company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54. Aramark had a return on equity of 14.06% and a net margin of 1.51%. The company had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same period in the prior year, the firm earned $0.64 earnings per share. Aramark’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, sell-side analysts anticipate that Aramark will post 1.92 EPS for the current year.

Aramark Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, December 2nd will be given a dividend of $0.001 per share. This represents a $0.00 dividend on an annualized basis and a dividend yield of 0.01%. The ex-dividend date is Monday, December 2nd. Aramark’s payout ratio is currently 38.38%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ARMK shares. UBS Group raised their target price on Aramark from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Robert W. Baird boosted their target price on Aramark from $38.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised shares of Aramark from a “hold” rating to a “buy” rating and upped their price objective for the company from $36.00 to $39.00 in a report on Wednesday, August 7th. Bank of America lifted their target price on shares of Aramark from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Finally, Morgan Stanley raised their price objective on shares of Aramark from $38.00 to $40.00 and gave the stock an “equal weight” rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.23.

About Aramark

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.