Aramark (ARMK) Receives News Impact Score of 0.11

Media headlines about Aramark (NYSE:ARMK) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aramark earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.2874414383792 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

A number of equities analysts recently weighed in on ARMK shares. BidaskClub raised shares of Aramark from a “hold” rating to a “buy” rating in a research report on Wednesday, October 18th. Nomura increased their price objective on shares of Aramark from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Royal Bank of Canada reiterated a “buy” rating on shares of Aramark in a report on Thursday, October 5th. Stifel Nicolaus initiated coverage on shares of Aramark in a report on Tuesday, December 19th. They set a “buy” rating and a $50.00 target price on the stock. Finally, Barclays increased their target price on shares of Aramark from $45.00 to $47.00 and gave the stock an “equal weight” rating in a report on Saturday, December 30th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $45.86.

Aramark (NYSE:ARMK) traded down $0.07 during trading on Tuesday, reaching $44.00. 1,489,590 shares of the company’s stock were exchanged, compared to its average volume of 1,213,840. The firm has a market cap of $10,780.00, a price-to-earnings ratio of 29.73, a PEG ratio of 1.87 and a beta of 0.47. Aramark has a 12 month low of $32.87 and a 12 month high of $44.30. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.86 and a current ratio of 1.12.

Aramark (NYSE:ARMK) last released its earnings results on Tuesday, November 14th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.02. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.70 billion. Aramark had a net margin of 2.56% and a return on equity of 19.29%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.49 EPS. analysts predict that Aramark will post 1.96 EPS for the current year.

In other news, Director Sanjeev K. Mehra acquired 19,640 shares of Aramark stock in a transaction dated Thursday, November 16th. The shares were acquired at an average cost of $40.75 per share, for a total transaction of $800,330.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 3.30% of the stock is currently owned by company insiders.

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About Aramark

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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