Analysts Point To Aramark (NYSE: ARMK) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, ARMK falls under the Industrials sector while operating within the Specialty Business Services industry segment. The current market capitalization of Aramark is $8.18B. A total of 2.13 million shares were traded on the day, compared to an average of 2.54M shares.

In the most recent transaction, Harrington Lauren A sold 13,384 shares of ARMK for 31.02 per share on Mar 05 ’24. After the transaction, the SVP and General Counsel now owns 95,284 company shares. In a previous transaction on Dec 15 ’23, Harrington Lauren A sold 4,274 shares at 27.33 per share. ARMK shares that SVP and General Counsel owns now total 95,142.

Among the insiders who sold shares, Bruno Marc A disposed of 27,884 shares on Dec 13 ’23 at a per-share price of $26.67. This resulted in the COO, U.S. Food & Facilities holding 225,653 shares of ARMK after the transaction.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Aramark pays an annual dividend of $0.35, resulting in a dividend yield of 1.12%, and it has a price to earnings (P/E) ratio of 13.04. ARMK’s most recent ex-dividend date was 2/13/2024 when it declared a $0.0950 quarterly dividend that was paid in cash on 2/28/2024. Previously, the company paid the dividend on 12/8/2023 with an ex-dividend date of 11/27/2023. The ARMK stock dividend was $0.0950 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ARMK has a high of $33.04 and a low of $23.95.

As of this writing, ARMK has an earnings estimate of $ARK Innovation ETF per share for the current quarter. EPS was calculated based on a consensus of Arm Holdings plc estimates, with a high estimate of $Aris Mining Corporation per share and a lower estimate of $Argo Blockchain plc.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ARMK’s latest balance sheet shows that the firm has $532.59M in Cash & Short Term Investments as of fiscal 2021. There were $7.83B in debt and $2.86B in liabilities at the time. Its Book Value Per Share was $10.85, while its Total Shareholder’s Equity was $2.73B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARMK is Buy with a score of 4.20.

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