News headlines about Aramark (NYSE:ARMK) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aramark earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.1581604469423 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Aramark Hits it Out of the Park with New Ballpark Eats for MLB Opening Day (finance.yahoo.com)
- Monthly downswing – Aramark (ARMK) stock lost -0.14% – The Stocks News (press release) (thestocksnews.com)
- Aramark (ARMK) Presents At 26th Annual Media, Telecom & Business Services Conference – Slideshow (seekingalpha.com)
- Glancy Prongay & Murray LLP Commences Investigation on Behalf of Aramark (ARMK) Investors (finance.yahoo.com)
A number of equities research analysts have commented on the company. Royal Bank of Canada reissued a “buy” rating and issued a $50.00 target price on shares of Aramark in a report on Wednesday, February 7th. Morgan Stanley raised their target price on Aramark from $41.00 to $42.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Credit Suisse Group reissued an “outperform” rating and issued a $50.00 target price on shares of Aramark in a report on Wednesday, January 24th. Barclays raised their target price on Aramark from $45.00 to $47.00 and gave the company an “equal weight” rating in a report on Saturday, December 30th. Finally, Stifel Nicolaus initiated coverage on Aramark in a report on Tuesday, December 19th. They issued a “buy” rating and a $50.00 target price for the company. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $47.43.
Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.03. The business had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.88 billion. Aramark had a return on equity of 18.68% and a net margin of 3.65%. The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 EPS. equities analysts forecast that Aramark will post 1.99 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 14th were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.02%. The ex-dividend date was Tuesday, February 13th. Aramark’s dividend payout ratio (DPR) is presently 31.82%.
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Aramark Company Profile
Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform).
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