Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Aramark (NYSE: ARMK) closed at $37.87 up 0.56% from its previous closing price of $37.66. In other words, the price has increased by $0.56 from its previous closing price. On the day, 2.87 million shares were traded. ARMK stock price reached its highest trading level at $38.36 during the session, while it also had its lowest trading level at $37.06.
Ratios:
For a deeper understanding of Aramark’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on September 17, 2024, Upgraded its rating to Outperform and sets its target price to $42.50 from $36 previously.
On August 07, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $36 to $39.
On January 17, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $33.Goldman initiated its Buy rating on January 17, 2024, with a $33 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 26 ’24 when Harrington Lauren A sold 7,909 shares for $42.17 per share. The transaction valued at 333,523 led to the insider holds 89,447 shares of the business.
Harrington Lauren A bought 7,909 shares of ARMK for $333,489 on Nov 26 ’24. On Mar 05 ’24, another insider, Harrington Lauren A, who serves as the SVP and General Counsel of the company, sold 13,384 shares for $31.02 each. As a result, the insider received 415,208 and left with 95,284 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARMK now has a Market Capitalization of 10039525376 and an Enterprise Value of 15006025728. As of this moment, Aramark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.83, and their Forward P/E ratio for the next fiscal year is 16.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 3.26. Its current Enterprise Value per Revenue stands at 0.862 whereas that against EBITDA is 13.139.
Stock Price History:
The Beta on a monthly basis for ARMK is 1.60, which has changed by 0.28051686 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, ARMK has reached a high of $42.49, while it has fallen to a 52-week low of $28.51. The 50-Day Moving Average of the stock is -2.80%, while the 200-Day Moving Average is calculated to be 4.83%.
Shares Statistics:
For the past three months, ARMK has traded an average of 2.03M shares per day and 1956770 over the past ten days. A total of 265.65M shares are outstanding, with a floating share count of 263.12M. Insiders hold about 0.67% of the company’s shares, while institutions hold 96.98% stake in the company. Shares short for ARMK as of 1736899200 were 5527296 with a Short Ratio of 2.72, compared to 1734048000 on 6569222. Therefore, it implies a Short% of Shares Outstanding of 5527296 and a Short% of Float of 2.09.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.29. The current Payout Ratio is 38.53% for ARMK, which recently paid a dividend on 2024-12-02 with an ex-dividend date of 1739145600. Stock splits for the company last occurred on 2023-10-02 when the company split stock in a 1385:1000 ratio.
