Aramark (NYSE:ARMK – Get Free Report) had its price target lifted by analysts at Truist Financial from $50.00 to $58.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price would indicate a potential upside of 16.86% from the company’s current price.
ARMK has been the subject of a number of other reports. UBS Group upped their price objective on Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley set a $45.00 target price on shares of Aramark in a report on Tuesday, February 10th. Stifel Nicolaus increased their price target on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Aramark in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $52.00.
Get Our Latest Stock Analysis on ARMK
Aramark Stock Up 2.5%
Aramark (NYSE:ARMK – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The business had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.75 billion. During the same quarter last year, the firm earned $0.35 EPS. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities analysts predict that Aramark will post 2.22 EPS for the current fiscal year.
Hedge Funds Weigh In On Aramark
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Activest Wealth Management acquired a new stake in Aramark during the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in Aramark during the third quarter worth about $28,000. Cedar Mountain Advisors LLC purchased a new position in Aramark during the first quarter valued at approximately $32,000. Kestra Advisory Services LLC acquired a new position in Aramark in the fourth quarter valued at approximately $32,000. Finally, Quarry LP purchased a new stake in Aramark in the 3rd quarter worth approximately $35,000.
Key Headlines Impacting Aramark
Here are the key news stories impacting Aramark this week:
- Positive Sentiment: Aramark posted Q2 adjusted EPS of $0.49, above estimates of $0.47, while revenue came in at $4.91 billion versus $4.75 billion expected, reinforcing momentum in the business. Aramark Reports Second Quarter Earnings
- Positive Sentiment: Management said fiscal 2026 guidance is now skewed toward the high end of its prior range, which supports the view that growth and cash flow trends are improving. AI Infrastructure Spending Is Creating An Unlikely Winner: Aramark
- Positive Sentiment: Robert W. Baird raised its price target on ARMK to $58 from $50 and reiterated an outperform rating, signaling additional analyst optimism after the earnings beat. Tickerreport.com
- Positive Sentiment: Coverage highlighting Aramark’s push into the AI data center market added a new growth narrative that may be boosting investor sentiment. Aramark (ARMK) Forays Into AI, Soars to All-Time High
- Neutral Sentiment: Some commentary remains cautious, with one note arguing ARMK’s premium valuation, debt load, and exposure to government contracts could limit upside from here. Aramark: Upside Is Now Muted After Q2 2026
Aramark Company Profile
Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.
Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.
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