Baird Maintains Neutral on Aramark, Raises Price Target to $37
$ARMK
Restaurants
Consumer Discretionary
Baird analyst Andrew Wittmann maintains Aramark (NYSE:ARMK) with a Neutral and raises the price target from $35 to $37.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/17/2024 | $36.00 → $42.50 | Sector Perform → Outperform | RBC Capital Mkts |
| 8/7/2024 | $36.00 → $39.00 | Hold → Buy | Deutsche Bank |
| 1/17/2024 | $33.00 | Buy | Goldman |
| 1/8/2024 | $33.00 | Buy | Truist |
| 10/9/2023 | $44.00 → $29.00 | Hold → Buy | Jefferies |
| 9/1/2023 | $45.00 → $47.00 | Neutral → Buy | Citigroup |
| 8/22/2023 | $43.00 | Neutral → Buy | UBS |
| 7/17/2023 | $49.00 | Mkt Perform → Outperform | Bernstein |
Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full year fiscal 2024 results on Monday, November 11, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Those parties interested in participation via dial-in may register here. Once registration is completed, participants will be provided with a number containing a personalized PIN to access the call. A replay of the call and related earnings materials will be available through the Archives section of the website.
YEAR-OVER-YEAR SUMMARY Revenue +8%; Organic Revenue +11% Record revenue in a third quarter for FSS U.S. and for any quarter in FSS International Continued strong growth from base business volume, pricing, and net new business Operating Income +22%1; Adjusted Operating Income (AOI) +21%2 Record profitability in a third quarter for FSS U.S. and for any quarter in FSS International Increased profitability from revenue growth, operational cost discipline, and supply chain efficiencies GAAP EPS (80)%1 to $0.22; Adjusted EPS +51%2 to $0.31 Results reflected consistent execution of driving profitable growth across organization GAAP EPS in the prior year included a n
Aramark's (NYSE:ARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on September 3, 2024 to stockholders of record at the close of business on August 19, 2024. About Aramark Aramark (NYSE:ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 15 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recogniz
8-K - Aramark (0001584509) (Filer)
10-Q - Aramark (0001584509) (Filer)
8-K - Aramark (0001584509) (Filer)
UBS analyst Joshua Chan maintains Aramark (NYSE:ARMK) with a Buy and raises the price target from $35 to $40.
Oppenheimer analyst Ian Zaffino maintains Aramark (NYSE:ARMK) with a Outperform and raises the price target from $36 to $39.
To improve efficiency and achieve superior cleaning results, Aramark, (NYSE:ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections industries is partnering with Pringle Robotics, a developer of autonomous robotic solutions for facilities management, to install floor cleaning robots and operational software solutions at key customer facilities, it was announced today.
SC 13G/A - Aramark (0001584509) (Subject)
SC 13G/A - Aramark (0001584509) (Subject)
SC 13G - Aramark (0001584509) (Subject)
Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full year fiscal 2024 results on Monday, November 11, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Those parties interested in participation via dial-in may register here. Once registration is completed, participants will be provided with a number containing a personalized PIN to access the call. A replay of the call and related earnings materials will be available through the Archives section of the website.
Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that the Company's Chief Operating Officer, International, Carl Mittleman, and Chief Financial Officer, James Tarangelo, will participate in the Goldman Sachs Conference on Thursday, September 5, 2024, with a featured Fireside Chat session beginning at 8:55 a.m. ET. A live audio webcast and replay of the fireside chat session will be available through the Investor Relations section of the Aramark website at www.aramark.com. About Aramark Aramark (NYSE:ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, icon
YEAR-OVER-YEAR SUMMARY Revenue +8%; Organic Revenue +11% Record revenue in a third quarter for FSS U.S. and for any quarter in FSS International Continued strong growth from base business volume, pricing, and net new business Operating Income +22%1; Adjusted Operating Income (AOI) +21%2 Record profitability in a third quarter for FSS U.S. and for any quarter in FSS International Increased profitability from revenue growth, operational cost discipline, and supply chain efficiencies GAAP EPS (80)%1 to $0.22; Adjusted EPS +51%2 to $0.31 Results reflected consistent execution of driving profitable growth across organization GAAP EPS in the prior year included a n
4 - Aramark (0001584509) (Issuer)
4 - Aramark (0001584509) (Issuer)
4 - Aramark (0001584509) (Issuer)
RBC Capital Mkts upgraded Aramark from Sector Perform to Outperform and set a new price target of $42.50 from $36.00 previously
Deutsche Bank upgraded Aramark from Hold to Buy and set a new price target of $39.00 from $36.00 previously
Goldman initiated coverage of Aramark with a rating of Buy and set a new price target of $33.00
Aramark, (NYSE:ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, was recognized on DiversityComm, Inc.'s (DCI) annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises (WBEs). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326337706/en/Aramark was recognized on DiversityComm, Inc.'s annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises. (Graphic: Business Wire) DiversityComm's Best of the Best lists recogn
Ondrof to serve as Strategic Advisor Aramark (NYSE:ARMK) today announced that Tom Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024, at which time he will serve as a Strategic Advisor through May 2024. Jim Tarangelo, Aramark's Senior Vice President Finance & Treasurer, has been appointed to succeed Ondrof as Chief Financial Officer, effective January 13. "Tom leaves a strong legacy that's both broad and deep," said John Zillmer, Aramark's Chief Executive Officer. "When I asked him to join Aramark shortly after my return, he left a hard-earned retirement to help us create and drive a successful growth strategy based on our hospitality culture,
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices: Veralto Corp. (NYSE:VLTO) will be added to the S&P 500 effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co. (NYSE:DXC) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective prior to the open of trading on October 3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR) is spinning off Veralto in a transaction expected to be completed on October 2. Followin