Media stories about Aramark (NYSE:ARMK) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aramark earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.8713597516781 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
NYSE ARMK traded up $0.25 on Friday, reaching $37.75. The company had a trading volume of 847,784 shares, compared to its average volume of 1,299,898. The company has a market capitalization of $9,344.05, a price-to-earnings ratio of 21.33, a PEG ratio of 1.59 and a beta of 0.64. Aramark has a fifty-two week low of $36.16 and a fifty-two week high of $46.09. The company has a quick ratio of 1.09, a current ratio of 1.40 and a debt-to-equity ratio of 2.56.
Aramark (NYSE:ARMK) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $0.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.03. The business had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.88 billion. Aramark had a return on equity of 18.68% and a net margin of 3.65%. Aramark’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 earnings per share. research analysts expect that Aramark will post 1.99 earnings per share for the current fiscal year.
Several research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated a “buy” rating and set a $50.00 price target on shares of Aramark in a report on Wednesday, February 7th. Credit Suisse Group reiterated an “outperform” rating and set a $50.00 price target on shares of Aramark in a report on Wednesday, January 24th. Morgan Stanley upped their price target on shares of Aramark from $41.00 to $42.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Zacks Investment Research downgraded shares of Aramark from a “hold” rating to a “sell” rating in a report on Thursday. Finally, Barclays upped their price target on shares of Aramark from $45.00 to $47.00 and gave the stock an “equal weight” rating in a report on Saturday, December 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $47.43.
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Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. The company operates through three segments: Food and Support Services North America, Food and Support Services International, Uniform and Career Apparel.
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