The Street Is Finally Waking Up To Aramark (NYSE: ARMK)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Aramark is listed on the NYSE as a member of the Industrials sector and is a part of the Specialty Business Services industry. The current market capitalization of Aramark is $10.12B. A total of 1.6 million shares were traded on the day, compared to an average of 1.95M shares.

In the most recent transaction, Harrington Lauren A sold 7,909 shares of ARMK for 42.17 per share on Nov 26 ’24. After the transaction, the SVP and General Counsel now owns 89,447 company shares. In a previous transaction on Nov 26 ’24, Harrington Lauren A bought 7,909 shares at 42.17 per share.

Among the insiders who sold shares, Harrington Lauren A disposed of 13,384 shares on Mar 05 ’24 at a per-share price of $31.02. This resulted in the SVP and General Counsel holding 95,284 shares of ARMK after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Aramark pays an annual dividend of $0.39, resulting in a dividend yield of 1.02%, and it has a price to earnings (P/E) ratio of 38.83. ARMK’s most recent ex-dividend date was 0.01% when it declared a $0.0010 quarterly dividend that was paid in cash on 12/2/2024. Previously, the company paid the dividend on 8/19/2024 with an ex-dividend date of 1.15%. The ARMK stock dividend was $0.0950 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ARMK has a high of $42.49 and a low of $28.30.

As of this writing, ARMK has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 11.0 estimates, with a high estimate of $0.55 per share and a lower estimate of $0.45.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ARMK’s latest balance sheet shows that the firm has $532.59M in Cash & Short Term Investments as of fiscal 2021. There were $7.83B in debt and $2.86B in liabilities at the time. Its Book Value Per Share was $11.51, while its Total Shareholder’s Equity was $2.73B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARMK is Buy with a score of 4.58.

Most Popular

Related Posts