Aramark [ARMK] stock is trading at $31.20, down -0.86%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ARMK shares have lost -3.14% over the last week, with a monthly amount glided 0.29%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Aramark [NYSE: ARMK] stock has seen the most recent analyst activity on January 17, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $33. Previously, Truist started tracking the stock with Buy rating on January 08, 2024, and set its price target to $33. On October 09, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $29 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $47 on September 01, 2023. UBS upgraded its rating to a Buy but $43 remained the price target by the analyst firm on August 22, 2023. Bernstein upgraded its rating to Outperform for this stock on July 17, 2023, but kept the price target unchanged to $49. In a note dated June 01, 2023, UBS initiated an Neutral rating and provided a target price of $42 on this stock.
Aramark [ARMK] stock has fluctuated between $23.95 and $33.04 over the past year. Currently, Wall Street analysts expect the stock to reach $40.88 within the next 12 months. Aramark [NYSE: ARMK] shares were valued at $31.20 at the most recent close of the market. An investor can expect a potential return of 31.03% based on the average ARMK price forecast.
Analyzing the ARMK fundamentals
Aramark [NYSE:ARMK] reported sales of 18.66B for the trailing twelve months, which represents a drop of -4.20%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.07 points at the first support level, and at 30.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.44, and for the 2nd resistance point, it is at 31.68.
Ratios To Look Out For
For context, Aramark’s Current Ratio is 1.27. In addition, the Quick Ratio stands at 1.12 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 2.88 and price to earnings (TTM) ratio is 13.06.
Transactions by insiders
Recent insider trading involved Harrington Lauren A, SVP and General Counsel, that happened on Mar 05 ’24 when 13384.0 shares were sold. SVP and General Counsel, Harrington Lauren A completed a deal on Dec 15 ’23 to sell 4274.0 shares. Meanwhile, COO, U.S. Food & Facilities Bruno Marc A sold 27884.0 shares on Dec 13 ’23.
