For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Aramark (NYSE: ARMK) closed at $39.57 in the last session, up 0.13% from day before closing price of $39.52. In other words, the price has increased by $0.13 from its previous closing price. On the day, 1.9 million shares were traded.
Ratios:
We take a closer look at ARMK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 2.27 whereas as Long-Term Debt/Eq ratio is at 2.11.
Deutsche Bank Upgraded its Hold to Buy on August 07, 2024, whereas the target price for the stock was revised from $36 to $39.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.
Valuation Measures:
As of this moment, Aramark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.45, and their Forward P/E ratio for the next fiscal year is 17.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 3.44.
Stock Price History:
Over the past 52 weeks, ARMK has reached a high of $42.49, while it has fallen to a 52-week low of $29.92. The 50-Day Moving Average of the stock is 9.45%, while the 200-Day Moving Average is calculated to be 5.85%.
Shares Statistics:
A total of 262.78M shares are outstanding, with a floating share count of 260.32M. Insiders hold about 0.67% of the company’s shares, while institutions hold 100.61% stake in the company.
