The price-to-earnings ratio for Aramark (NYSE: ARMK) is above average at 40.70x, while the 36-month beta value is 1.62.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Aramark (ARMK) is $43.31, which is $4.96 above the current market price. The public float for ARMK is 256.55M, and currently, short sellers hold a 5.94% ratio of that floaft. The average trading volume of ARMK on May 24, 2023 was 3.76M shares.
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ARMK) stock’s latest price update
Aramark (NYSE: ARMK) has seen a decline in its stock price by -2.85 in relation to its previous close of 39.59. However, the company has experienced a 1.64% gain in its stock price over the last five trading sessions. Barron’s reported on 05/10/22 that Aramark to Spin Off Uniform Service by End of 2023
ARMK’s Market Performance
Aramark (ARMK) has seen a 1.64% rise in stock performance for the week, with a 10.30% gain in the past month and a 2.45% surge in the past quarter. The volatility ratio for the week is 2.47%, and the volatility levels for the past 30 days are at 2.65% for ARMK. The simple moving average for the past 20 days is 6.47% for ARMK’s stock, with a 2.01% simple moving average for the past 200 days.
ARMK Trading at 9.01% from the 50-Day Moving Average
After a stumble in the market that brought ARMK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.88% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +12.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.08% upper at present.
During the last 5 trading sessions, ARMK rose by +1.64%, which changed the moving average for the period of 200-days by +9.35% in comparison to the 20-day moving average, which settled at $36.34. In addition, Aramark saw -6.97% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARMK starting from MCKEE LYNN, who sale 30,817 shares at the price of $42.46 back on Dec 13. After this action, MCKEE LYNN now owns 281,714 shares of Aramark, valued at $1,308,490 using the latest closing price.
Harrington Lauren A, the SVP and General Counsel of Aramark, sale 9,452 shares at $42.48 during a trade that took place back on Dec 13, which means that Harrington Lauren A is holding 64,106 shares at $401,521 based on the most recent closing price.
Stock Fundamentals for ARMK
Current profitability levels for the company are sitting at:
- +3.99 for the present operating margin
- +6.48 for the gross margin
The net margin for Aramark stands at +1.19. The total capital return value is set at 6.09, while invested capital returns managed to touch 1.84. Equity return is now at value 8.00, with 1.60 for asset returns.
Based on Aramark (ARMK), the company’s capital structure generated 256.97 points at debt to equity in total, while total debt to capital is 71.99. Total debt to assets is 51.62, with long-term debt to equity ratio resting at 252.55. Finally, the long-term debt to capital ratio is 70.75.
When we switch over and look at the enterprise to sales, we see a ratio of 1.00, with the company’s debt to enterprise value settled at 0.50. The receivables turnover for the company is 8.31 and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
In a nutshell, Aramark (ARMK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
