Aramark (NYSE: ARMK) has a higher price-to-earnings ratio of 38.15x compared to its average ratio, The 36-month beta value for ARMK is at 1.63. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ARMK is 263.15M, and currently, shorts hold a 2.50% of that float. The average trading volume for ARMK on December 26, 2024 was 1.99M shares.
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ARMK) stock’s latest price update
The stock of Aramark (NYSE: ARMK) has decreased by -0.32 when compared to last closing price of 37.67.Despite this, the company has seen a gain of 0.54% in its stock price over the last five trading days. businesswire.com reported 2024-12-19 that PHILADELPHIA–(BUSINESS WIRE)—- $ARMK–Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company’s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. Quantum has customer spend of nearly hal.
ARMK’s Market Performance
ARMK’s stock has risen by 0.54% in the past week, with a monthly drop of -10.30% and a quarterly drop of -2.09%. The volatility ratio for the week is 2.28% while the volatility levels for the last 30 days are 2.19% for Aramark The simple moving average for the last 20 days is -5.09% for ARMK’s stock, with a simple moving average of 6.40% for the last 200 days.
Analysts’ Opinion of ARMK
Many brokerage firms have already submitted their reports for ARMK stocks, with RBC Capital Mkts repeating the rating for ARMK by listing it as a “Outperform.” The predicted price for ARMK in the upcoming period, according to RBC Capital Mkts is $42.50 based on the research report published on September 17, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see ARMK reach a price target of $39, previously predicting the price at $36. The rating they have provided for ARMK stocks is “Buy” according to the report published on August 07th, 2024.
Goldman gave a rating of “Buy” to ARMK, setting the target price at $33 in the report published on January 17th of the current year.
ARMK Trading at -4.10% 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 -11.63% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares sank -11.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.26% lower at present.
During the last 5 trading sessions, ARMK remain unchanged, which changed the moving average for the period of 200-days by +14.50% in comparison to the 20-day moving average, which settled at $39.56. In addition, Aramark saw 33.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARMK starting from Harrington Lauren A, who sale 7,909 shares at the price of $42.17 back on Nov 26 ’24. After this action, Harrington Lauren A now owns 89,447 shares of Aramark, valued at $333,523 using the latest closing price.
Harrington Lauren A, the Officer of Aramark, proposed sale 7,909 shares at $42.17 during a trade that took place back on Nov 26 ’24, which means that Harrington Lauren A is holding shares at $333,489 based on the most recent closing price.
Stock Fundamentals for ARMK
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.07 for the gross margin
The net margin for Aramark stands at 0.02. The total capital return value is set at 0.08. Equity return is now at value 7.78, with 1.78 for asset returns.
Based on Aramark (ARMK), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.73. The interest coverage ratio of the stock is 1.94.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 4.1. When we switch over and look at the enterprise to sales, we see a ratio of 0.85. The receivables turnover for the company is 8.28for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Aramark (ARMK) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
