Aramark (ARMK) Receiving Somewhat Positive Media Coverage, Study Shows

News coverage about Aramark (NYSE:ARMK) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of 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 media coverage about the company an impact score of 46.7776727817867 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several equities research analysts recently commented on the company. Morgan Stanley boosted their price target on Aramark from $41.00 to $42.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Credit Suisse Group reissued an “outperform” rating and issued a $50.00 price target on shares of Aramark in a research note on Wednesday, January 24th. Royal Bank of Canada reissued a “buy” rating and issued a $51.00 price target on shares of Aramark in a research note on Friday, January 19th. Stifel Nicolaus assumed coverage on Aramark in a research note on Tuesday, December 19th. They issued a “buy” rating and a $50.00 price target for the company. Finally, Barclays boosted their price target on Aramark from $45.00 to $47.00 and gave the company an “equal weight” rating in a research note on Friday, December 22nd. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $47.00.

Shares of Aramark (NYSE:ARMK) traded up $0.77 during trading on Friday, reaching $42.10. The company’s stock had a trading volume of 1,019,298 shares, compared to its average volume of 1,400,984. The company has a market capitalization of $10,206.92, a PE ratio of 19.58, a P/E/G ratio of 1.74 and a beta of 0.51. The company has a quick ratio of 1.09, a current ratio of 1.40 and a debt-to-equity ratio of 2.56. Aramark has a 52-week low of $35.56 and a 52-week high of $46.09.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, February 6th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. The firm had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.88 billion. Aramark had a return on equity of 18.68% and a net margin of 3.65%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.55 earnings per share. analysts expect that Aramark will post 1.99 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.105 per share. The ex-dividend date is Tuesday, February 13th. This represents a $0.42 dividend on an annualized basis and a yield of 1.00%. Aramark’s payout ratio is currently 19.53%.

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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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