For its fourth fiscal quarter (ending September 30), Aramark (NYSE: ARMK) has reported a 172% increase in E.P.S. from $0.29 a year ago to $0.79 in the current quarter. This performance was $0.15 better than the consensus estimate of $0.64. For the latest four quarters through September 30, E.P.S. were $2.59 versus $0.76 for the same period a year ago — an increase of 241%.
Recent Price Action
Aramark (NYSE: ARMK) stock suffered a very large decline of -8.2% on 11/14/23. The shares closed at $26.19. The stock has been weak relative to the market over the last nine months and has declined -6.5% during the last week.
Current PriceTarget Research Rating
ARMK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Aramark has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Aramark has a slightly negative Appreciation Score of 37 and a slightly negative Power Rating of 35, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment