Aramark (ARMK) Stock Forecast, Price Target & Predictions
ARMK Stock Forecast
Aramark stock forecast is as follows: an average price target of $39.45 (represents a 1.28% upside from ARMK’s last price of $38.95) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
ARMK Price Target
The average price target for Aramark (ARMK) is $39.45 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $33.00. This represents a potential 1.28% upside from ARMK's last price of $38.95.
ARMK Analyst Ratings
According to 12 Wall Street analysts, Aramark's rating consensus is 'Buy'. The analyst rating breakdown for ARMK stock is 0 'Strong Buy' (0.00%), 9 'Buy' (75.00%), 2 'Hold' (16.67%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).
Aramark Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Karl Green | RBC Capital | $42.50 | $38.53 | 10.30% | 9.11% |
| Sep 11, 2024 | Jasper Bibb | Truist Financial | $42.00 | $37.99 | 10.56% | 7.83% |
| Aug 07, 2024 | Andrew Wittmann | Robert W. Baird | $38.00 | $34.62 | 9.76% | -2.44% |
| Aug 07, 2024 | Faiza Alwy | Deutsche Bank | $39.00 | $33.66 | 15.86% | 0.13% |
| Jun 12, 2024 | Ian Zaffino | Oppenheimer | $39.00 | $32.90 | 18.54% | 0.13% |
| Jun 04, 2024 | Stephanie Moore | Jefferies | $37.00 | $32.00 | 15.63% | -5.01% |
| Mar 20, 2024 | Jasper Bibb | Truist Financial | $37.00 | $31.59 | 17.13% | -5.01% |
| Jan 17, 2024 | Lizzie Dove | Goldman Sachs | $33.00 | $28.81 | 14.54% | -15.28% |
| Feb 08, 2023 | - | J.P. Morgan | $44.00 | $40.89 | 7.61% | 12.97% |
| Jan 04, 2023 | - | Morgan Stanley | $44.00 | $41.96 | 4.86% | 12.97% |
The latest Aramark stock forecast, released on Sep 17, 2024 by Karl Green from RBC Capital, set a price target of $42.50, which represents a 10.30% increase from the stock price at the time of the forecast ($38.53), and a 9.11% increase from ARMK last price ($38.95).
Aramark Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 8 |
| Avg Price Target | - | $42.25 | $38.44 |
| Last Closing Price | $38.95 | $38.95 | $38.95 |
| Upside/Downside | -100.00% | 8.47% | -1.31% |
In the current month, the average price target of Aramark stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Aramark's last price of $38.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | UBS | Buy | Buy | Hold |
| Oct 15, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 11, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 17, 2024 | RBC Capital | Underperform | Outperform | Upgrade |
| Sep 09, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 07, 2024 | Deutsche Bank | Hold | Buy | Upgrade |
| Jun 21, 2024 | UBS | Buy | Buy | Hold |
| Jun 13, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jun 12, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jun 04, 2024 | Jefferies | Buy | Buy | Hold |
Aramark's last stock rating was published by UBS on Oct 16, 2024. The company gave ARMK a "Buy" rating, the same as its previous rate.
Aramark Financial Forecast
Aramark Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.41B | $4.90B | - | $4.60B | $4.60B | $4.39B | $4.13B | $3.86B | - | $3.55B | $2.98B | $2.82B | - | $2.69B | $2.15B |
| Avg Forecast | $5.17B | $5.12B | $4.93B | $5.05B | $5.01B | $4.95B | $4.72B | $4.90B | $4.98B | $4.67B | $4.45B | $4.62B | $4.46B | $4.31B | $4.24B | $4.29B | $4.79B | $4.59B | $4.39B | $4.55B | $4.10B | $3.83B | $3.78B | $3.80B | $3.29B | $3.05B | $2.75B | $2.73B | $2.66B | $2.20B |
| High Forecast | $5.22B | $5.18B | $4.99B | $5.10B | $5.06B | $5.00B | $4.77B | $4.95B | $5.03B | $4.72B | $4.50B | $4.66B | $4.46B | $4.31B | $4.24B | $4.33B | $4.90B | $4.64B | $4.44B | $4.60B | $4.10B | $3.83B | $3.78B | $3.80B | $3.29B | $3.05B | $2.75B | $2.73B | $2.66B | $2.20B |
| Low Forecast | $5.10B | $5.06B | $4.87B | $4.99B | $4.95B | $4.89B | $4.66B | $4.84B | $4.91B | $4.61B | $4.39B | $4.58B | $4.45B | $4.31B | $4.24B | $4.23B | $4.68B | $4.53B | $4.34B | $4.49B | $4.10B | $3.83B | $3.78B | $3.80B | $3.29B | $3.05B | $2.75B | $2.73B | $2.66B | $2.20B |
| # Analysts | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 7 | 3 | 5 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 15 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | - | 1.05% | 1.01% | 1.07% | 1.08% | 1.02% | - | 1.08% | 0.98% | 1.02% | - | 1.01% | 0.98% |
Aramark's average Quarter revenue forecast for Mar 24 based on 5 analysts is $4.24B, with a low forecast of $4.24B, and a high forecast of $4.24B. ARMK's average Quarter revenue forecast represents a -3.88% decrease compared to the company's last Quarter revenue of $4.41B (Dec 23).
Aramark EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 7 | 3 | 5 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 15 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $272.49M | $415.48M | - | $318.77M | $336.13M | $329.79M | $280.86M | $274.28M | $135.52M | $284.44M | $287.51M | $142.75M | - | $64.32M | $-179.67M |
| Avg Forecast | $341.25M | $338.35M | $325.91M | $333.44M | $330.87M | $326.81M | $311.74M | $323.64M | $328.57M | $308.21M | $293.86M | $305.19M | $294.23M | $284.79M | $332.12M | $283.15M | $316.13M | $302.90M | $301.93M | $155.55M | $270.75M | $252.73M | $274.48M | $250.74M | $217.47M | $201.48M | $184.74M | $180.17M | $175.41M | $144.98M |
| High Forecast | $344.94M | $342.00M | $329.43M | $337.04M | $334.44M | $330.33M | $315.11M | $327.13M | $332.12M | $311.54M | $297.17M | $307.84M | $294.52M | $284.79M | $398.54M | $285.80M | $323.48M | $306.17M | $362.31M | $186.66M | $270.75M | $252.73M | $329.37M | $250.74M | $217.47M | $201.48M | $221.69M | $180.17M | $175.41M | $144.98M |
| Low Forecast | $337.06M | $334.19M | $321.90M | $329.34M | $326.80M | $322.79M | $307.91M | $319.66M | $324.53M | $304.42M | $289.89M | $302.54M | $293.94M | $284.79M | $265.70M | $279.17M | $308.95M | $299.18M | $241.54M | $124.44M | $270.75M | $252.73M | $219.58M | $250.74M | $217.47M | $201.48M | $147.79M | $180.17M | $175.41M | $144.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.31% | - | 1.06% | 2.16% | 1.22% | 1.11% | 1.00% | 0.54% | 1.31% | 1.43% | 0.77% | - | 0.37% | -1.24% |
5 analysts predict ARMK's average Quarter EBITDA for Mar 24 to be $332.12M, with a high of $398.54M and a low of $265.70M. This is 21.88% upper than Aramark's previous annual EBITDA (Dec 23) of $272.49M.
Aramark Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 7 | 3 | 5 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 15 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.54M | $205.43M | - | $56.04M | $74.15M | $75.80M | $40.33M | $35.75M | - | $35.43M | $32.56M | $-77.58M | - | $-148.59M | $-256.44M |
| Avg Forecast | $202.84M | $151.24M | $133.50M | $166.12M | $202.89M | $133.59M | $122.60M | $153.23M | $181.12M | $107.16M | $98.75M | $128.46M | $140.65M | $80.95M | $43.26M | $96.24M | $170.66M | $91.03M | $39.32M | $114.47M | $129.58M | $63.00M | $35.75M | $58.27M | $50.97M | $4.78M | $-100.39M | $-110.09M | $-97.98M | $-180.63M |
| High Forecast | $205.68M | $153.37M | $135.37M | $168.46M | $205.74M | $135.46M | $124.32M | $155.38M | $183.67M | $108.66M | $104.09M | $136.49M | $145.48M | $80.97M | $51.91M | $112.73M | $178.66M | $92.30M | $47.19M | $116.08M | $129.58M | $63.00M | $42.90M | $58.27M | $50.97M | $4.78M | $-80.31M | $-110.09M | $-97.98M | $-180.63M |
| Low Forecast | $199.59M | $148.83M | $131.36M | $163.47M | $199.65M | $131.45M | $120.65M | $150.78M | $178.23M | $105.45M | $90.74M | $120.43M | $135.83M | $80.93M | $34.60M | $85.24M | $165.32M | $89.57M | $31.46M | $112.64M | $129.58M | $63.00M | $28.60M | $58.27M | $50.97M | $4.78M | $-120.47M | $-110.09M | $-97.98M | $-180.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.30% | 1.20% | - | 1.43% | 0.65% | 0.58% | 0.64% | 1.00% | - | 0.70% | 6.80% | 0.77% | - | 1.52% | 1.42% |
Aramark's average Quarter net income forecast for Mar 24 is $43.26M, with a range of $34.60M to $51.91M. ARMK's average Quarter net income forecast represents a 51.58% increase compared to the company's last Quarter net income of $28.54M (Dec 23).
Aramark SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 7 | 3 | 5 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 15 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $90.19M | $104.49M | - | $103.90M | $102.78M | $103.21M | $98.69M | $95.02M | $101.45M | $87.27M | $84.64M | $84.78M | - | $82.51M | $66.18M |
| Avg Forecast | $125.25M | $124.19M | $119.62M | $122.38M | $121.44M | $119.95M | $114.42M | $118.79M | $120.60M | $113.13M | $107.86M | $112.02M | $107.99M | $104.53M | $114.97M | $103.93M | $116.03M | $111.18M | $104.52M | $116.45M | $99.38M | $92.76M | $95.02M | $92.03M | $79.82M | $73.95M | $109.72M | $66.13M | $64.38M | $53.21M |
| High Forecast | $126.60M | $125.53M | $120.91M | $123.71M | $122.75M | $121.25M | $115.66M | $120.07M | $121.90M | $114.35M | $109.07M | $112.99M | $108.10M | $104.53M | $137.96M | $104.90M | $118.73M | $112.38M | $125.42M | $139.74M | $99.38M | $92.76M | $114.02M | $92.03M | $79.82M | $73.95M | $131.66M | $66.13M | $64.38M | $53.21M |
| Low Forecast | $123.71M | $122.66M | $118.15M | $120.88M | $119.95M | $118.48M | $113.02M | $117.33M | $119.12M | $111.73M | $106.40M | $111.04M | $107.89M | $104.53M | $91.97M | $102.47M | $113.40M | $109.81M | $83.61M | $93.16M | $99.38M | $92.76M | $76.01M | $92.03M | $79.82M | $73.95M | $87.78M | $66.13M | $64.38M | $53.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.90% | - | 0.99% | 0.88% | 1.04% | 1.06% | 1.00% | 1.10% | 1.09% | 1.14% | 0.77% | - | 1.28% | 1.24% |
Aramark's average Quarter SG&A projection for Mar 24 is $114.97M, based on 5 Wall Street analysts, with a range of $91.97M to $137.96M. The forecast indicates a 27.47% rise compared to ARMK last annual SG&A of $90.19M (Dec 23).
Aramark EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 7 | 7 | 3 | 5 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 15 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.11 | $0.79 | - | $0.21 | $0.29 | $0.29 | $0.16 | $0.14 | - | $0.14 | $0.13 | $-0.30 | - | $-0.59 | $-1.01 |
| Avg Forecast | $0.76 | $0.56 | $0.50 | $0.62 | $0.76 | $0.50 | $0.46 | $0.57 | $0.68 | $0.40 | $0.37 | $0.48 | $0.52 | $0.30 | $0.27 | $0.36 | $0.64 | $0.34 | $0.26 | $0.43 | $0.49 | $0.24 | $0.21 | $0.22 | $0.19 | $0.02 | $-0.34 | $-0.41 | $-0.37 | $-0.68 |
| High Forecast | $0.77 | $0.57 | $0.51 | $0.63 | $0.77 | $0.51 | $0.46 | $0.58 | $0.69 | $0.41 | $0.39 | $0.51 | $0.54 | $0.30 | $0.27 | $0.42 | $0.67 | $0.34 | $0.27 | $0.43 | $0.49 | $0.24 | $0.21 | $0.22 | $0.19 | $0.02 | $-0.34 | $-0.41 | $-0.37 | $-0.68 |
| Low Forecast | $0.74 | $0.56 | $0.49 | $0.61 | $0.75 | $0.49 | $0.45 | $0.56 | $0.67 | $0.39 | $0.34 | $0.45 | $0.51 | $0.30 | $0.27 | $0.32 | $0.62 | $0.33 | $0.26 | $0.42 | $0.49 | $0.24 | $0.21 | $0.22 | $0.19 | $0.02 | $-0.34 | $-0.41 | $-0.37 | $-0.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | 1.24% | - | 0.80% | 0.68% | 0.60% | 0.68% | 0.65% | - | 0.73% | 7.24% | 0.88% | - | 1.61% | 1.49% |
According to 5 Wall Street analysts, Aramark's projected average Quarter EPS for Mar 24 is $0.27, with a low estimate of $0.27 and a high estimate of $0.27. This represents a 146.13% increase compared to ARMK previous annual EPS of $0.11 (Dec 23).
Aramark Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MMS | Maximus | $80.53 | $110.00 | 36.60% | - |
| FA | First Advantage | $18.25 | $21.00 | 15.07% | Hold |
| CASS | Cass Information Systems | $43.90 | $45.00 | 2.51% | Buy |
| ARMK | Aramark | $38.95 | $39.45 | 1.28% | Buy |
| AZZ | AZZ | $87.66 | $87.17 | -0.56% | Buy |
| BV | BrightView | $15.74 | $14.60 | -7.24% | Buy |
| ABM | ABM Industries | $55.58 | $47.00 | -15.44% | Buy |