Aramark (NYSE:ARMK) Issues FY 2025 Earnings Guidance

Aramark (NYSE:ARMK) issued an update on its FY 2025 earnings guidance on Monday morning. 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 Stock Down 1.7 %

ARMK stock opened at $38.03 on Wednesday. The company has a market cap of $10.02 billion, a P/E ratio of 38.41 and a beta of 1.62. Aramark has a 52 week low of $25.92 and a 52 week high of $42.04. The company’s 50-day moving average price is $38.15 and its 200 day moving average price is $35.10. The company has a current ratio of 0.81, a quick ratio of 0.86 and a debt-to-equity ratio of 1.42.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. Aramark had a net margin of 1.51% and a return on equity of 14.06%. The company had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, research analysts expect that Aramark will post 1.91 earnings per share for the current fiscal year.

Aramark Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, December 2nd will be issued a $0.001 dividend. This represents a $0.00 annualized dividend and a dividend yield of 0.01%. The ex-dividend date of this dividend is Monday, December 2nd. Aramark’s dividend payout ratio (DPR) is presently 38.38%.

Analysts Set New Price Targets

Several brokerages have issued reports on ARMK. Morgan Stanley upped their price target on shares of Aramark from $38.00 to $40.00 and gave the company an “equal weight” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised shares of Aramark from a “hold” rating to a “buy” rating and boosted their price objective for the company from $36.00 to $39.00 in a research report on Wednesday, August 7th. The Goldman Sachs Group boosted their price objective on shares of Aramark from $38.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Stifel Nicolaus boosted their price objective on shares of Aramark from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, StockNews.com raised shares of Aramark from a “sell” rating to a “hold” rating in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Aramark has an average rating of “Moderate Buy” and a consensus 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.