ARAMARK Holdings Corporation (NYSE:ARMK) Valuation According To Analysts
ARAMARK Holdings Corporation (NYSE:ARMK) Valuation According To Analysts
18 October, 2017, 00:38
The share price of ARAMARK Holdings Corporation (NYSE:ARMK) was up +0.47% during the last trading session, with a day high of 43.81.
ILLEGAL ACTIVITY NOTICE: "Aramark (NYSE:ARMK) Rating Reiterated by Royal Bank Of Canada" was first published by TrueBlueTribune and is owned by of TrueBlueTribune. The Higher end of the revenue forecast is $3.74 Billion, while the Lower end of the forecast is $3.67 Billion. Whereas, in last 21 trading days (one month) was moved up 4.47% and surged in last 63 trading days (quarter) of 3.98%. The firm is expected to report its next quarterly earnings results before the market opens on Wednesday, November 15th. Analysts believe that we could see stock price minimum in the $39 range (lowest target price), allowing for another -8.3% drop from its current position. They expect $-0.12 earnings per share, down 233.33% or $0.21 from last year's $0.09 per share. Finally, Zacks Investment Research downgraded shares of Aramark from a "buy" rating to a "hold" rating in a research report on Tuesday, July 11th.
SVP, Controller, CAO at Aramark, Pressler Brian P on 2017-06-16 Sell 10629 shares of the company at a price of $40.8. The shares price has directed 14.79% toward a higher level throughout previous year and swapped 5.09% toward a strong spot during past one month. Ami Asset Corporation has invested 2.24% in Aramark (NYSE:ARMK). Aramark's revenue for the quarter was up.2% on a year-over-year basis. Next quarter's EPS is forecasted at $0.60 and the next full year EPS is anticipated to be $2.21. Robert W. Baird maintained the shares of ARMK in report on Monday, September 11 with "Buy" rating. Barclays PLC raised their price objective on Aramark from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research note on Friday, June 23rd. BidaskClub upgraded shares of Aramark from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, June 28th. Overbought is a condition that occurs when prices are considered too high and the stock may be due to decline.
Heading into the stock price potential, Aramark needs to grow just 5.81% to cross its median price target of $45. If the $43.68 price target is reached, the company will be worth $311.70M more.
A number of large investors have recently added to or reduced their stakes in the stock. WINTON GROUP Ltd acquired a new stake in Aramark during the 2nd quarter worth $341,000. Toronto Dominion Bank raised its holdings in Aramark by 19.0% during the second quarter. LLC boosted its position in Aramark by 58.8% during the 2nd quarter. Moreover, Entrustpermal Management Llc has 7.75% invested in the company for 1.30 million shares. BlackRock Inc. grew its position in shares of Aramark by 1.4% in the 2nd quarter. Public Employees Retirement System of OH now owns 173,441 shares of the company's stock worth $7,108,000 after buying an additional 3,397 shares during the period.
According to Finviz reported data, The SMA20 of the stock is at 3.66 percent, SMA50 is 5.25 percent, while SMA200 is 11.96 percent. Morgan Stanley maintained Aramark (NYSE:ARMK) rating on Thursday, August 10. Aramark has a 12 month low of $32.73 and a 12 month high of $43.13.
Analyzing the technical facts, Aramark (ARMK)'s current distance from 20-Day Simple Moving Average is 3.66% and standing 5.25% away from 50-Day Simple Moving Average while traded up 11.96% from 200-Day Simple Moving Average.
Aramark Holdings Corporation has a 52 week low of $32.73 and a 52 week high of $43.81 with a P/E ratio of 30.82 The company's market cap is now $0. If you are accessing this piece of content on another domain, it was stolen and republished in violation of USA and worldwide copyright and trademark law.
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