Aramark (NYSE:ARMK) Issues FY 2026 Earnings Guidance

Aramark (NYSE:ARMK) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.180-2.280 for the period, compared to the consensus estimate of 2.250. The company issued revenue guidance of -, compared to the consensus revenue estimate of $20.0 billion.

Analysts Set New Price Targets

A number of research firms recently commented on ARMK. Truist Financial increased their target price on shares of Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Morgan Stanley upped their target price on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Oppenheimer boosted their price objective on Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. UBS Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Aramark in a report on Monday, July 13th. Finally, Citigroup lifted their price objective on shares of Aramark from $63.00 to $70.50 and gave the company a “buy” rating in a research note on Monday, June 22nd. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $60.62.

Aramark Price Performance

Aramark stock opened at $55.68 on Tuesday. The business has a fifty day moving average of $55.70 and a two-hundred day moving average of $47.62. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. The company has a market cap of $14.64 billion, a P/E ratio of 41.55, a price-to-earnings-growth ratio of 1.06 and a beta of 1.12. Aramark has a one year low of $35.07 and a one year high of $58.68.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 earnings per share. As a group, analysts predict that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 19th. Aramark’s dividend payout ratio is 35.82%.

Hedge Funds Weigh In On Aramark

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Aramark during the 3rd quarter worth $28,000. Kestra Advisory Services LLC purchased a new position in Aramark during the fourth quarter worth about $32,000. Quarry LP acquired a new stake in Aramark in the 3rd quarter worth about $35,000. Osterweis Capital Management Inc. purchased a new stake in Aramark in the 2nd quarter valued at about $40,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of Aramark during the 4th quarter worth about $49,000.

About Aramark

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.