Analyst Ratings for Aramark (ARMK)Updated: 2017-07-26
Shares of Aramark (NYSE:ARMK) have received a consensus rating of Buy from Wall Street analysts. ARMK had previously received a consensus rating of Buy a month ago.
8 analysts declared ARMK a buy, 1 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
ARMK was given price targets by several analysts. The highest price target was 45, which equates to a potential upside of 12.47 percent. The most pessimistic price target was 39, implying a possible loss of -2.52 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.75 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.47 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of ARMK to grow at a rate of 36.15 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ARMK has a PEG ratio of 0.86.
In the trailing 52-weeks, ARMK hit 41.72 at the highest peak, while it's lowest trading point was 32.73. Currently the stock is 22.24 percent higher than its low, and 4.1 percent lower than its 52-week high. ARMK has a price/earnings ratio of 31.11. Investors typically compare the P/E ratio to a company's peers in the industry. The ARMK value stock report compares ARMK to some of its peers using value stock charts. The stock has a market capitalization of $9.83 billion. ARMK's next earnings release will be on 0000-00-00, which is days away.