Aramark (NYSE:ARMK) Issues FY 2025 Earnings Guidance

Aramark (NYSE:ARMK) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.910-1.980 for the period, compared to the consensus earnings per share estimate of 1.930. The company issued revenue guidance of -. Aramark also updated its FY25 guidance to $1.91-1.98 EPS.

Aramark Stock Up 0.9 %

Shares of Aramark stock traded up $0.36 during midday trading on Wednesday, hitting $38.02. The company had a trading volume of 1,588,585 shares, compared to its average volume of 1,945,059. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.72 and a current ratio of 0.81. The company has a 50 day moving average of $38.73 and a 200 day moving average of $37.70. Aramark has a 52-week low of $28.51 and a 52-week high of $42.49. The stock has a market capitalization of $10.07 billion, a P/E ratio of 38.55 and a beta of 1.64.

Aramark (NYSE:ARMK) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. Aramark had a return on equity of 14.06% and a net margin of 1.51%. The business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.61 billion. During the same period in the prior year, the firm posted $0.41 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. On average, equities analysts predict that Aramark will post 1.93 earnings per share for the current fiscal year.

Aramark Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on ARMK. Truist Financial boosted their target price on shares of Aramark from $42.00 to $46.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. raised their price objective on Aramark from $41.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. UBS Group boosted their target price on Aramark from $40.00 to $44.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Stifel Nicolaus lifted their price objective on Aramark from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Finally, The Goldman Sachs Group increased their target price on Aramark from $38.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.59.

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.