Based on ratings from 15 stock analysts, the Aramark stock price is expected to increase by 7.39% in 12 months. This is calculated by using the average 12-month stock price forecast for Aramark. The lowest target is $38.43 and the highest is $47. Please note analyst price targets are not guaranteed and could be missed completely.
About 15 Wall Street analysts have assigned ARMK 12 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Aramark to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ARMK. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ARMK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Shlomo Rosenbaum Stifel | Buy | $45 | Maintains | Nov 12, 2024 |
Andrew Wittmann Baird | Neutral | $44 | Maintains | Nov 12, 2024 |
Andrew Steinerman JP Morgan | Overweight | $45 | Maintains | Nov 12, 2024 |
Toni Kaplan Morgan Stanley | Equal-Weight | $40 | Maintains | Nov 12, 2024 |
Jasper Bibb Truist Securities | Buy | $46 | Maintains | Nov 12, 2024 |
Lizzie Dove Goldman Sachs | Buy | $41 | Maintains | Oct 16, 2024 |
Joshua Chan UBS | Buy | $44 | Maintains | Oct 8, 2024 |
Karl Green RBC Capital | Outperform | $42.5 | Upgrade | Sep 17, 2024 |
Jasper Bibb Truist Securities | Buy | $42 | Maintains | Sep 12, 2024 |
Andrew Steinerman JP Morgan | Overweight | $41 | Maintains | Sep 9, 2024 |
Toni Kaplan Morgan Stanley | Equal-Weight | $38 | Maintains | Sep 9, 2024 |
Ashish Sabadra RBC Capital | Sector Perform | $36 | Maintains | Aug 7, 2024 |
Faiza Alwy Deutsche Bank | Buy | $39 | Upgrade | Aug 7, 2024 |
Andrew Steinerman JP Morgan | Overweight | $39 | Maintains | Aug 7, 2024 |
Gary Bisbee B of A Securities | Buy | $39 | Maintains | Aug 7, 2024 |
Andrew Wittmann Baird | Neutral | $38 | Maintains | Aug 7, 2024 |
Joshua Chan UBS | Buy | $40 | Maintains | Jun 21, 2024 |
Ian Zaffino Oppenheimer | Outperform | $39 | Maintains | Jun 12, 2024 |
Andrew Wittmann Baird | Neutral | $37 | Maintains | May 8, 2024 |
Jasper Bibb Truist Securities | Buy | $37 | Maintains | Mar 20, 2024 |
When did it IPO
2013
Staff Count
262,550
Country
United States
Sector/Industry
Industrials/Specialty Business Services
CEO
Mr. John J. Zillmer
Market Cap
$10.74B
In 2023, ARMK generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ARMK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Aramark CEO John Zillmer will speak at the Redburn Atlantic CEO Conference on December 3, 2024. A live audio webcast will be available on Aramark's Investor Relations page.
Why It Matters - Aramark's CEO's participation in a major conference signals potential insights into company strategy and performance, influencing investor sentiment and stock valuation.
Summary - ARMK maintains a buy rating, supported by a strong FY25 outlook and organic growth. Q4 earnings met expectations, and the Avendra launch is anticipated to improve margins.
Why It Matters - ARMK's strong FY25 outlook and solid 4Q24 earnings suggest potential for continued revenue growth and improved margins, positively impacting its stock performance.
Summary - U.S. stocks were mixed at the close of trading, with the Nasdaq Composite declining by over 50 points on Monday.
Why It Matters - Mixed trading signals uncertainty in the market, particularly with the Nasdaq's decline, which may indicate tech sector weakness and impact investor sentiment.
Summary - Aramark (ARMK) reported strong earnings for its fiscal fourth quarter.
Why It Matters - Aramark's strong earnings indicate robust financial health, potentially driving stock prices up and attracting investor interest in the company's growth prospects.
Summary - Aramark (ARMK) shares hit an all-time high after posting better-than-expected profits and increasing its dividend. The company also announced a new stock buyback plan.
Why It Matters - Aramark's all-time high share price, strong earnings, dividend increase, and stock buyback signal financial health and growth potential, likely attracting more investor interest.
Summary - Aramark (NYSE:ARMK) will hold its Q4 2024 earnings conference call on November 11, 2024, at 8:30 AM ET, featuring key company executives and analysts from major firms.
Why It Matters - Aramark's Q4 2024 earnings call will provide insights into its financial performance and future strategies, impacting stock valuation and investor sentiment.