28-Mar-2024
No headlines found.
Aramark Completes Debt Repricing
Business Wire (Wed, 27-Mar 9:00 AM ET)
Business Wire (Tue, 26-Mar 7:30 AM ET)
MLB Eats: Aramark Sports + Entertainment Unveils New Ballpark Fare for 2024 Season
Business Wire (Thu, 21-Mar 12:00 PM ET)
Aramark Chefs Awarded Distinguished ProChef Certification From the Culinary Institute of America
Business Wire (Thu, 14-Mar 7:30 AM ET)
Aramark to Participate in Upcoming BofA Securities Investor Conference
Business Wire (Thu, 7-Mar 7:51 AM ET)
Aramark Reports First Quarter Earnings
Business Wire (Tue, 6-Feb 6:30 AM ET)
Aramark Declares Quarterly Dividend
Business Wire (Wed, 31-Jan 7:30 AM ET)
Business Wire (Tue, 30-Jan 7:30 AM ET)
Aramark to Host Conference Call on First Quarter Fiscal 2024 Results
Business Wire (Tue, 16-Jan 7:30 AM ET)
Business Wire (Mon, 8-Jan 7:30 AM ET)
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
Aramark trades on the NYSE stock market under the symbol ARMK.
As of March 28, 2024, ARMK stock price climbed to $32.52 with 3,446,802 million shares trading.
ARMK has a beta of 0.81, meaning it tends to be less sensitive to market movements. ARMK has a correlation of 0.16 to the broad based SPY ETF.
ARMK has a market cap of $8.53 billion. This is considered a Mid Cap stock.
Last quarter Aramark reported $4 billion in Revenue and $.41 earnings per share. This beat revenue expectation by $128 million and exceeded earnings estimates by $.05.
In the last 3 years, ARMK stock traded as high as $45.72 and as low as $23.95.
The top ETF exchange traded funds that ARMK belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
ARMK has underperformed the market in the last year with a price return of +20.8% while the SPY ETF gained +33.6%. However, in the short term, ARMK had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.0% vs +10.1% return in SPY. But in the last 2 weeks, ARMK shares have been beat by the market, returning -0.4% compared to an SPY return of +1.7%.
ARMK support price is $31.53 and resistance is $32.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARMK stock will trade within this expected range on the day.