Market cap of Aramark [ARMK] reaches 8.07B – now what?

Aramark [NYSE: ARMK] stock went on a downward path that fall over -2.75% on Tuesday, amounting to a one-week price decrease of less than -2.41%.

Over the last 12 months, ARMK stock rose by 22.44%. The one-year Aramark stock forecast points to a potential upside of 10.53. The average equity rating for ARMK stock is currently 1.53, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $8.07 billion, with 261.45 million shares outstanding and 260.52 million shares in the current float. Compared to the average trading volume of 2.45M shares, ARMK stock reached a trading volume of 6355400 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $34.37 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 1.53. 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 January 17, 2024. While these analysts kept the previous recommendation, Truist raised their target price to Buy. The new note on the price target was released on January 08, 2024, representing the official price target for Aramark stock. Previously, the target price had yet another drop from $44 to $29, while Jefferies kept a Buy rating on ARMK stock. On September 01, 2023, analysts increased their price target for ARMK shares from 45 to 47.

The Average True Range (ATR) for Aramark is set at 0.77, with the Price to Sales ratio for ARMK stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 2.83, with the Price to Cash per share for the same quarter was set at 1.55. Price to Free Cash Flow for ARMK in the course of the last twelve months was 33.34 with Quick ratio for the last quarter at 1.12.

ARMK Stock Performance Analysis:

Aramark [ARMK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.41. With this latest performance, ARMK shares dropped by -5.47% in over the last four-week period, additionally plugging by 8.47% over the last 6 months – not to mention a rise of 22.44% 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 41.21, with the RSI for the last a single of trading hit 37.08, and the three-weeks RSI is set at 44.54 for Aramark [ARMK]. The present Moving Average for the last 50 days of trading for this stock 31.59, while it was recorded at 31.07 for the last single week of trading, and 28.70 for the last 200 days.

Insight into Aramark Fundamentals:

Aramark’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.12 and a Current Ratio set at 1.27.


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 19.79%.

Aramark [ARMK] Institutonal Ownership Details

The top three institutional holders of ARMK stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ARMK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ARMK stock with ownership which is approximately 5.8386%.