Aramark [ARMK] is -39.06% lower this YTD. Is it still time to buy?

Aramark [NYSE: ARMK] price surged by 0.11 percent to reach at $0.03.

A sum of 2535159 shares traded at recent session while its average daily volume was at 2.53M shares. Aramark shares reached a high of $27.45 and dropped to a low of $26.26 until finishing in the latest session at $26.45.

The one-year ARMK stock forecast points to a potential upside of 10.22. The average equity rating for ARMK stock is currently 2.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Aramark [ARMK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARMK shares is $29.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARMK stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Aramark shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 09, 2020. While these analysts kept the previous recommendation, RBC Capital Mkts dropped their target price from $35 to $26. The new note on the price target was released on July 16, 2020, representing the official price target for Aramark stock. Previously, the target price had yet another raise to $34, while Bernstein analysts kept a Mkt Perform rating on ARMK stock.

The Average True Range (ATR) for Aramark is set at 1.28, with the Price to Sales ratio for ARMK stock in the period of the last 12 months amounting to 0.46. The Price to Book ratio for the last quarter was 2.31, with the Price to Cash per share for the same quarter was set at 9.84. Price to Free Cash Flow for ARMK in the course of the last twelve months was 50.12 with Quick ratio for the last quarter at 1.90.

ARMK Stock Performance Analysis:

Aramark [ARMK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.16. With this latest performance, ARMK shares dropped by -4.03% in over the last four-week period, additionally plugging by 43.28% over the last 6 months – not to mention a drop of -38.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARMK stock in for the last two-week period is set at 50.90, with the RSI for the last a single of trading hit 45.32, and the three-weeks RSI is set at 50.87 for Aramark [ARMK]. The present Moving Average for the last 50 days of trading for this stock 25.38, while it was recorded at 26.50 for the last single week of trading, and 29.26 for the last 200 days.

Insight into Aramark Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Aramark [ARMK] shares currently have an operating margin of +4.85 and a Gross Margin at +7.06. Aramark’s Net Margin is presently recorded at +2.76.

Return on Total Capital for ARMK is now 7.76, given the latest momentum, and Return on Invested Capital for the company is 4.45. Return on Equity for this stock inclined to 14.13, with Return on Assets sitting at 3.27. When it comes to the capital structure of this company, Aramark [ARMK] has a Total Debt to Total Equity ratio set at 201.27. Additionally, ARMK Total Debt to Total Capital is recorded at 66.81, with Total Debt to Total Assets ending up at 48.65. Long-Term Debt to Equity for the company is recorded at 199.16, with the Long-Term Debt to Total Capital now at 66.11.

Reflecting on the efficiency of the workforce at the company, Aramark [ARMK] managed to generate an average of $1,582 per employee. Receivables Turnover for the company is 8.92 with a Total Asset Turnover recorded at a value of 1.18.Aramark’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.20.

ARMK Stock EPS

With the latest financial reports released by the company, Aramark posted 0.69/share EPS, while the average EPS was predicted by analysts to be reported at 0.69/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ARMK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aramark go to -7.70%.

Aramark [ARMK] Insider Position Details

There are presently around $6,737 million, or 88.86% of ARMK stock, in the hands of institutional investors. The top three institutional holders of ARMK stocks are: VANGUARD GROUP INC with ownership of 21,602,727, which is approximately -9.5% of the company’s market cap and around 0.50% of the total institutional ownership; ATLANTA CAPITAL MANAGEMENT CO L L C, holding 20,970,509 shares of the stock with an approximate value of $554.67 million in ARMK stocks shares; and NOMURA HOLDINGS INC, currently with $527.2 million in ARMK stock with ownership of nearly 23.622% of the company’s market capitalization.

Positions in Aramark stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 131 institutional holders increased their position in Aramark [NYSE:ARMK] by around 37,218,238 shares. Additionally, 183 investors decreased positions by around 33,768,961 shares, while 36 investors held positions by with 183,711,237 shares. The mentioned changes placed institutional holdings at 254,698,436 shares, according to the latest SEC report filing. ARMK stock had 51 new institutional investments in for a total of 8,832,515 shares, while 64 institutional investors sold positions of 15,907,529 shares during the same period.

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