Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Aramark (NYSE: ARMK) weakened in recent days. ARMK’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, Aramark (NYSE: ARMK) stock declined slightly by -0.4%, closing at $34.51. However, this decline was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been strong over the last nine months and has risen 3.3% during the last week.
Current PriceTarget Research Rating
ARMK is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Aramark has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Aramark has a neutral Appreciation Score of 47 but a good Power Rating of 74, triggering the High Neutral Value Trend Rating.
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