Aramark Stock Symbol Overview and Insights

Author

Reads 836

A Company Logo on a Wall
Credit: pexels.com, A Company Logo on a Wall

Aramark's stock symbol is AIRM, which is listed on the New York Stock Exchange (NYSE).

The company's stock has a market capitalization of over $5 billion, making it a significant player in the industry.

Aramark's stock has been publicly traded since 2001, providing a long history for investors to review.

As a leading provider of food, facilities, and uniform services, Aramark's stock can be a good option for those interested in the business services sector.

Stock Overview

Aramark stock symbol ARMK is a company that provides food and facilities services to a wide range of clients, including education, healthcare, business, industry, sports, leisure, and corrections.

Their services are offered in the United States and internationally, making them a significant player in the market.

ARMK's fundamental analysis is a mixed bag, with a Snowflake Score of 0/6 for Valuation, indicating that investors may want to exercise caution when considering this stock.

However, ARMK's future growth is expected to be strong, with earnings forecast to grow 18.37% per year.

Here's a breakdown of ARMK's Snowflake Score, which can be helpful in understanding their overall financial health:

Company Information

Credit: youtube.com, What is the Company behind the ARMK Stock Ticker? about Aramark

Aramark is a company that provides food, facilities, and uniform services, operating through three main segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel.

The company was founded in 1959 and is headquartered in Philadelphia, PA.

Aramark offers a wide range of services, including food, hospitality, and facility services for various institutions and venues, such as schools, colleges, universities, healthcare facilities, businesses, and sports and entertainment venues.

The Uniform segment of the company specializes in the rental, sale, cleaning, maintenance, and delivery of personalized uniforms and other textile items on a contract basis.

Related reading: Stock Symbol B

Stock Performance

Aramark stock has seen its fair share of ups and downs. The current share price is $37.17, which is 17% below the 52-week high of $42.49.

The 1-year change in the stock price is 21.19%, indicating a significant increase in value over the past year. However, the 3-year change is a mere 0.57%, showing a relatively flat performance over the past three years.

The average stock price for the last 52 weeks is $35.52, which is slightly lower than the current share price.

Readers also liked: Ticker Symbol Change

Price History & Performance

Credit: youtube.com, Tutorial #10 - Stock performance history | Investing app for beginners

The price history of Aramark stock is quite fascinating. The current share price is $37.17, which is 17% below the 52-week high of $44.33.

Aramark's stock has experienced significant fluctuations over the years. The 52-week low is $29.82, which is a stark contrast to the all-time high closing price of $44.33 on January 17, 2023.

The average stock price for the last 52 weeks is $35.52, giving you an idea of the stock's overall performance. In the past year, the stock has seen a 21.19% change, which is a notable increase.

Here's a breakdown of Aramark's historical annual stock price data:

The beta of Aramark's stock is 1.7, indicating a relatively high level of volatility. Over the past year, the stock has seen a 21.19% change, which is a significant increase.

Price Volatility

ARMK's price volatility is a key consideration for investors. The company's average weekly movement is 3.4%, which is lower than the hospitality industry average of 6.1% and the market average of 6.0%.

Credit: youtube.com, Volatility Trading: The Market Tactic That’s Driving Stocks Haywire | WSJ

This stability is a positive sign for investors who prefer a more predictable stock price. In the past 3 months, ARMK's price has not had significant volatility compared to the US market.

ARMK's weekly volatility has been stable over the past year, coming in at 3%. This consistency is a hallmark of a well-run company.

Here's a comparison of ARMK's volatility to its industry and market peers:

Return vs S&P

Aramark's stock performance is impressive, especially when compared to the S&P. Over the past year, Aramark's stock has risen by a significant 19.87%.

To put that into perspective, the S&P has only seen a 17.58% increase over the same period. This means Aramark's stock has outperformed the S&P by a notable margin.

Looking at the longer-term picture, Aramark's 5-year return is a respectable 38.74%. In contrast, the S&P has seen a 91.99% increase over the same timeframe.

Here's a comparison of the two in a table format:

This comparison highlights the impressive growth of Aramark's stock over the past 5 years, with a 159% increase since its IPO.

Stock Market Performance on Tuesday

Stock Market Trading App with Graph Analysis
Credit: pexels.com, Stock Market Trading App with Graph Analysis

On Tuesday, the stock market experienced a downturn, and one company that took a hit was Aramark. The company's stock was down due to a disappointing short-term earnings forecast update.

Wall Street analysts were not impressed with Aramark's earnings call for the period ending July 2, 2021. This led to a decline in the company's stock value.

The earnings call was a key factor in the stock's performance on Tuesday. It's a reminder that a company's financial performance can have a significant impact on its stock price.

Aramark's stock took a hit on Tuesday, and it's a good reminder to stay informed about a company's financial performance.

Valuation

When evaluating the stock performance of a company, one of the most important factors to consider is its valuation. A high valuation can be a warning sign that the stock is overpriced and due for a correction.

Looking at the price-to-earnings (P/E) ratio, we can see that ARMK has a P/E of 22.40, while 002687 has a P/E of 20.14. These numbers can give us an idea of how expensive the stocks are relative to their earnings.

Credit: youtube.com, Stock Multiples: How to Tell When a Stock is Cheap/Expensive

A P/E ratio above 20 is generally considered high, so investors may want to exercise caution when considering these stocks. This is especially true for ARMK, which has a P/E ratio nearly 10% higher than 002687.

The price-to-book (P/B) ratio is another important metric to consider. ARMK has a P/B ratio of 3.20, while 002687 has a P/B ratio of 1.57. This suggests that ARMK is trading at a premium to its book value.

Here's a comparison of the valuation metrics for the three stocks:

By considering these valuation metrics, investors can get a better sense of whether a stock is overvalued or undervalued.

Calamp, Urban Outfitters Stocks Fall

Calamp's stock took a hit today due to tough results.

The company's disappointing performance was a major contributor to the stock's decline.

Urban Outfitters' stock also fell today, just like Calamp's.

Tough results held these stocks back today, as mentioned in the article.

Financials

Aramark's financials are a key aspect to consider when evaluating the company.

Credit: youtube.com, Aramark (ARMK) Stock Analysis: Should You Invest?

Aramark's revenue has consistently grown over the years, reaching $15.4 billion in 2020.

The company has a strong market position, with a significant presence in the food and facilities management industries.

Aramark's net income has also shown steady growth, reaching $213 million in 2020.

This financial performance has enabled the company to invest in its operations, expand its services, and pay dividends to its shareholders.

Shareholder Returns

When it comes to shareholder returns, there are a few key statistics to keep in mind. ARMK, the company in question, has seen a 21.2% return over the past year.

This is a significant increase, and it's worth noting that ARMK exceeded the US Hospitality industry's return of 17.9% over the past year. The US Market also saw a return of 17.8% during this time, but ARMK still managed to outperform it.

Here's a brief comparison of ARMK's returns over the past week and year:

ARMK's strong returns are a testament to the company's financial health and stability.

Financial Strength

Credit: youtube.com, Life Insurance Company Financial Strength

Financial strength is a crucial aspect of a company's overall health. A quick ratio of 0.77 indicates that ARMK has a relatively low ability to cover its short-term debts with its liquid assets.

The current ratio of 0.94 for ARMK suggests that it may struggle to pay its current debts.

ARMK's interest coverage ratio of 2.23 means that it has enough earnings to cover its interest payments.

For a company to be considered financially strong, it needs to have a good balance between its assets and liabilities.

A quick ratio of 2.41 for 002687 is significantly higher than ARMK's, indicating a stronger ability to cover short-term debts.

002687's current ratio of 3.20 is also higher than ARMK's, suggesting a better ability to pay current debts.

In contrast, 603839's interest coverage ratio of -4.88 is negative, indicating that it may struggle to pay its interest payments.

Here's a comparison of the companies' financial strength metrics:

Profitability

Profitability is a key indicator of a company's financial health. Here are some numbers that give us a glimpse into the profitability of three companies: ARMK, 002687, and 603839.

Credit: youtube.com, How to Analyze an Income Statement Like a Hedge Fund Analyst

ARMK has a Return on Assets (Normalized) of 3.50%, which is a decent starting point. This means that for every dollar invested in assets, the company generates 3.50 cents in profit.

The Return on Equity (Normalized) for ARMK is a more impressive 14.86%. This suggests that the company is generating significant profits from its equity.

In contrast, 002687 has a Return on Assets (Normalized) of 5.44%, outpacing ARMK. This indicates that 002687 is making the most efficient use of its assets.

Here's a quick summary of the Return on Assets (Normalized) for all three companies:

The Return on Invested Capital (Normalized) for ARMK is 7.55%, a respectable figure. This means that the company is generating profits from its invested capital.

The Return on Equity (Normalized) for 002687 is 7.52%, a strong indicator of the company's financial health.

Declares Quarterly Dividend

Aramark's Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock. This decision impacts stockholders who will receive the payment.

The dividend will be payable on February 24, 2025, to stockholders of record at a certain date.

Earnings Calls

Credit: youtube.com, Aramark (NYSE: ARMK) - Q4 2024 Earnings Call

Aramark's earnings calls are a great way to stay informed about the company's financial performance. The company typically reports its quarterly earnings in the morning, with a conference call scheduled for later in the day.

Aramark's stock symbol is RMK, and investors can tune in to the earnings call to hear from company leaders about their financial results. The call is usually led by the CEO and CFO, who provide an overview of the company's performance and answer questions from analysts.

During the call, Aramark's leaders typically discuss the company's revenue growth, operating income, and other key financial metrics. They also provide context on any significant events or trends that may have impacted the company's performance.

Aramark's earnings calls are usually available for replay on the company's website, allowing investors to listen to the call at their convenience.

Analyst Insights

ARMK stock has a strong analyst consensus, with 13 analysts rating it a "Strong Buy." The average rating is a clear indication of the stock's potential.

Analysts are optimistic about the stock's future performance, forecasting a 12-month price of $42.85, which represents a 15.28% increase from the latest price.

Historical Data

Credit: youtube.com, Aramark (ARMK) Stock Buying Opportunity?

Aramark's stock price has had its fair share of ups and downs over the years. The all-time high Aramark stock closing price was 44.33 on January 17, 2023.

The current share price is $37.17, which is 16.2% below the 52-week high stock price of $42.49. The 52-week low stock price is $29.82, which is 20.2% below the current share price.

Aramark's historical annual stock price data shows that the average stock price for the last 52 weeks is $35.52. Here's a breakdown of the average stock price for each year since 2014:

The 1-year change in stock price is 21.19%, indicating a significant increase in the stock's value over the past year. The 3-year change is 0.57%, showing a relatively flat trend over the past three years.

Frequently Asked Questions

Is Aramark stock a good buy?

Aramark stock has a Strong Buy analyst rating consensus, indicating a high level of confidence among Wall Street analysts. However, it's essential to do your own research and consider multiple factors before making an investment decision.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.