Aramark (ARMK) Receiving Somewhat Favorable Press Coverage, Report Finds

News coverage about Aramark (NYSE:ARMK) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aramark earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.7640191043904 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Aramark stock opened at $40.81 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.40 and a debt-to-equity ratio of 2.56. The company has a market cap of $10,091.38, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.72 and a beta of 0.60. Aramark has a fifty-two week low of $36.06 and a fifty-two week high of $46.09.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.54 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 analysts’ expectations of $3.88 billion. Aramark had a net margin of 3.65% and a return on equity of 18.68%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company posted $0.55 earnings per share. sell-side analysts predict that Aramark will post 1.99 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Wednesday, February 14th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend was Tuesday, February 13th. Aramark’s payout ratio is presently 19.53%.

Several equities research analysts have issued reports on ARMK shares. Stifel Nicolaus started coverage on shares of Aramark in a research note on Tuesday, December 19th. They set a “buy” rating and a $50.00 price objective for the company. Barclays increased their price objective on shares of Aramark from $45.00 to $47.00 and gave the stock an “equal weight” rating in a report on Friday, December 22nd. Zacks Investment Research raised shares of Aramark from a “sell” rating to a “hold” rating in a report on Wednesday, November 22nd. Credit Suisse Group reaffirmed an “outperform” rating and issued a $50.00 price objective on shares of Aramark in a report on Wednesday, January 24th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $51.00 target price on shares of Aramark in a research note on Friday, January 19th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $47.43.

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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).

Insider Buying and Selling by Quarter for Aramark (NYSE:ARMK)

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