Aramark (ARMK) Stock Forecast, Price Target & Predictions
ARMK Stock Forecast
Aramark stock forecast is as follows: an average price target of $39.70 (represents a 3.90% upside from ARMK’s last price of $38.21) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
ARMK Price Target
The average price target for Aramark (ARMK) is $39.70 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $33.00. This represents a potential 3.90% upside from ARMK's last price of $38.21.
ARMK Analyst Ratings
According to 11 Wall Street analysts, Aramark's rating consensus is 'Buy'. The analyst rating breakdown for ARMK stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 2 'Hold' (18.18%), 1 'Sell' (9.09%), 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 11, 2024 | Jasper Bibb | Truist Financial | $42.00 | $37.99 | 10.56% | 9.92% |
| Aug 07, 2024 | Andrew Wittmann | Robert W. Baird | $38.00 | $34.62 | 9.76% | -0.55% |
| Aug 07, 2024 | Faiza Alwy | Deutsche Bank | $39.00 | $33.66 | 15.86% | 2.07% |
| Jun 12, 2024 | Ian Zaffino | Oppenheimer | $39.00 | $32.90 | 18.54% | 2.07% |
| Jun 04, 2024 | Stephanie Moore | Jefferies | $37.00 | $32.00 | 15.63% | -3.17% |
| Mar 20, 2024 | Jasper Bibb | Truist Financial | $37.00 | $31.59 | 17.13% | -3.17% |
| Jan 17, 2024 | Lizzie Dove | Goldman Sachs | $33.00 | $28.81 | 14.54% | -13.64% |
| Feb 08, 2023 | - | J.P. Morgan | $44.00 | $40.89 | 7.61% | 15.15% |
| Jan 04, 2023 | - | Morgan Stanley | $44.00 | $41.96 | 4.86% | 15.15% |
| Dec 02, 2022 | - | Barclays | $36.00 | $41.90 | -14.08% | -5.78% |
The latest Aramark stock forecast, released on Sep 11, 2024 by Jasper Bibb from Truist Financial, set a price target of $42.00, which represents a 10.56% increase from the stock price at the time of the forecast ($37.99), and a 9.92% increase from ARMK last price ($38.21).
Aramark Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 7 |
| Avg Price Target | $42.00 | $39.67 | $37.86 |
| Last Closing Price | $38.21 | $38.21 | $38.21 |
| Upside/Downside | 9.92% | 3.82% | -0.92% |
In the current month, the average price target of Aramark stock is $42.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.92% increase as opposed to Aramark's last price of $38.21. This month's average price target is up 5.87% compared to last quarter, and up 10.94% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Mar 20, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Mar 20, 2024 | Morgan Stanley | Positive | Positive | Hold |
| Mar 20, 2024 | Truist Financial | Sector Perform | Sector Perform | Hold |
| Feb 07, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Aramark's last stock rating was published by Morgan Stanley on Sep 09, 2024. The company gave ARMK a "Equal-Weight" rating, the same as its previous rate.
Aramark Financial Forecast
Aramark Revenue Forecast
| 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 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $3.73B | $4.25B | $3.95B | $4.01B |
| Avg Forecast | $4.98B | $4.90B | $4.70B | $4.94B | $4.74B | $4.63B | $4.45B | $4.67B | $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 | $3.76B | $4.31B | $3.94B | $3.99B |
| High Forecast | $5.13B | $5.04B | $4.83B | $5.09B | $4.88B | $4.77B | $4.58B | $4.81B | $4.54B | $4.44B | $4.36B | $4.33B | $4.90B | $4.72B | $4.52B | $4.68B | $4.22B | $3.83B | $3.82B | $3.84B | $3.33B | $3.08B | $2.78B | $2.76B | $2.68B | $2.22B | $3.80B | $4.35B | $3.98B | $4.04B |
| Low Forecast | $4.89B | $4.81B | $4.61B | $4.85B | $4.65B | $4.55B | $4.37B | $4.59B | $4.40B | $4.23B | $4.16B | $4.23B | $4.68B | $4.50B | $4.31B | $4.47B | $4.03B | $3.83B | $3.73B | $3.74B | $3.25B | $3.01B | $2.72B | $2.69B | $2.62B | $2.17B | $3.71B | $4.25B | $3.88B | $3.94B |
| # Analysts | 7 | 4 | 7 | 3 | 6 | 3 | 6 | 4 | 8 | 4 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 14 | 9 | 9 | 15 | 8 | 9 |
| 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% | 0.99% | 0.99% | 1.00% | 1.00% |
Aramark's average Quarter revenue forecast for Mar 24 based on 5 analysts is $4.24B, with a low forecast of $4.16B, and a high forecast of $4.36B. 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 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 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 3 | 6 | 3 | 6 | 4 | 8 | 4 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 14 | 9 | 9 | 15 | 8 | 9 |
| 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 | $-153.28M | $242.94M | $618.65M | $173.05M |
| Avg Forecast | $329.18M | $323.57M | $310.21M | $326.44M | $312.82M | $305.99M | $293.90M | $308.47M | $294.81M | $284.79M | $332.12M | $283.15M | $316.13M | $302.90M | $301.93M | $300.34M | $279.94M | $252.73M | $274.48M | $141.41M | $254.49M | $316.26M | $184.74M | $147.08M | $60.53M | $-171.62M | $-159.18M | $238.95M | $618.65M | $169.29M |
| High Forecast | $338.84M | $333.06M | $319.31M | $336.01M | $322.00M | $314.96M | $302.52M | $317.52M | $300.12M | $293.14M | $398.54M | $285.80M | $323.48M | $311.79M | $362.31M | $309.15M | $335.93M | $252.73M | $329.37M | $169.69M | $305.39M | $379.51M | $221.69M | $176.50M | $72.64M | $-137.30M | $-127.34M | $286.75M | $742.38M | $203.14M |
| Low Forecast | $323.27M | $317.76M | $304.64M | $320.58M | $307.21M | $300.49M | $288.62M | $302.94M | $290.82M | $279.68M | $265.70M | $279.17M | $308.95M | $297.47M | $241.54M | $294.95M | $223.96M | $252.73M | $219.58M | $113.13M | $203.60M | $253.01M | $147.79M | $117.67M | $48.43M | $-205.95M | $-191.02M | $191.16M | $494.92M | $135.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.31% | - | 1.06% | 1.12% | 1.18% | 1.11% | 1.00% | 0.96% | 1.12% | 0.91% | 0.77% | - | 1.06% | 1.05% | 0.96% | 1.02% | 1.00% | 1.02% |
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 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 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 3 | 6 | 3 | 6 | 4 | 8 | 4 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 14 | 9 | 9 | 15 | 8 | 9 |
| 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 | $-202.26M | $145.76M | $85.56M | $82.95M |
| Avg Forecast | $196.87M | $132.27M | $119.49M | $150.00M | $174.14M | $108.06M | $103.01M | $134.29M | $145.71M | $80.55M | $43.26M | $95.76M | $169.81M | $90.57M | $39.32M | $113.90M | $34.87M | $62.69M | $35.75M | $57.77M | $31.70M | $35.81M | $-100.39M | $-101.06M | $-139.85M | $-244.96M | $-210.04M | $143.37M | $85.56M | $81.15M |
| High Forecast | $204.37M | $137.32M | $124.05M | $155.72M | $180.78M | $112.18M | $106.94M | $139.40M | $158.96M | $83.62M | $51.91M | $112.17M | $177.77M | $94.02M | $47.19M | $118.25M | $41.84M | $62.69M | $42.90M | $58.55M | $38.04M | $42.98M | $-80.31M | $-80.85M | $-111.88M | $-195.97M | $-168.03M | $172.05M | $102.67M | $97.38M |
| Low Forecast | $192.28M | $129.19M | $116.70M | $146.50M | $170.08M | $105.54M | $100.61M | $131.15M | $135.11M | $78.67M | $34.60M | $84.81M | $164.50M | $88.46M | $31.46M | $111.25M | $27.90M | $62.69M | $28.60M | $56.73M | $25.36M | $28.65M | $-120.47M | $-121.27M | $-167.82M | $-293.95M | $-252.05M | $114.70M | $68.45M | $64.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.30% | 1.21% | - | 1.43% | 0.65% | 2.17% | 0.64% | 1.00% | - | 1.12% | 0.91% | 0.77% | - | 1.06% | 1.05% | 0.96% | 1.02% | 1.00% | 1.02% |
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 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 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 3 | 6 | 3 | 6 | 4 | 8 | 4 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 14 | 9 | 9 | 15 | 8 | 9 |
| 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 | $255.92M | $330.74M | $96.66M | $78.19M |
| Avg Forecast | $120.82M | $118.76M | $113.86M | $119.81M | $114.82M | $112.31M | $107.87M | $113.22M | $108.21M | $104.53M | $114.97M | $103.93M | $116.03M | $111.18M | $104.52M | $110.24M | $85.89M | $92.76M | $95.02M | $105.86M | $78.08M | $93.10M | $109.72M | $112.02M | $77.66M | $63.21M | $265.77M | $325.32M | $96.66M | $76.49M |
| High Forecast | $124.37M | $122.25M | $117.20M | $123.33M | $118.19M | $115.60M | $111.04M | $116.54M | $110.15M | $107.59M | $137.96M | $104.90M | $118.73M | $114.44M | $125.42M | $113.47M | $103.07M | $92.76M | $114.02M | $127.03M | $93.70M | $111.72M | $131.66M | $134.42M | $93.19M | $75.86M | $318.92M | $390.38M | $115.99M | $91.78M |
| Low Forecast | $118.65M | $116.63M | $111.81M | $117.66M | $112.76M | $110.29M | $105.94M | $111.19M | $106.74M | $102.65M | $91.97M | $102.47M | $113.40M | $109.18M | $83.61M | $108.26M | $68.71M | $92.76M | $76.01M | $84.69M | $62.47M | $74.48M | $87.78M | $89.62M | $62.13M | $50.57M | $212.61M | $260.25M | $77.32M | $61.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.90% | - | 0.99% | 0.93% | 1.20% | 1.06% | 1.00% | 0.96% | 1.12% | 0.91% | 0.77% | - | 1.06% | 1.05% | 0.96% | 1.02% | 1.00% | 1.02% |
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 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 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 3 | 6 | 3 | 6 | 4 | 8 | 4 | 5 | 6 | 10 | 7 | 7 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 14 | 9 | 9 | 15 | 8 | 9 |
| 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 | $-0.80 | $0.59 | $0.35 | $0.34 |
| Avg Forecast | $0.74 | $0.50 | $0.45 | $0.56 | $0.65 | $0.41 | $0.39 | $0.50 | $0.55 | $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 | $0.25 | $0.61 | $0.69 | $0.45 |
| High Forecast | $0.77 | $0.52 | $0.47 | $0.58 | $0.68 | $0.42 | $0.40 | $0.52 | $0.60 | $0.31 | $0.28 | $0.42 | $0.67 | $0.35 | $0.27 | $0.44 | $0.50 | $0.24 | $0.22 | $0.22 | $0.19 | $0.02 | $-0.34 | $-0.41 | $-0.36 | $-0.67 | $0.25 | $0.61 | $0.70 | $0.46 |
| Low Forecast | $0.72 | $0.48 | $0.44 | $0.55 | $0.64 | $0.40 | $0.38 | $0.49 | $0.51 | $0.30 | $0.26 | $0.32 | $0.62 | $0.33 | $0.26 | $0.42 | $0.47 | $0.24 | $0.21 | $0.21 | $0.19 | $0.02 | $-0.35 | $-0.42 | $-0.37 | $-0.69 | $0.25 | $0.60 | $0.67 | $0.44 |
| 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% | -3.20% | 0.97% | 0.51% | 0.75% |
According to 5 Wall Street analysts, Aramark's projected average Quarter EPS for Mar 24 is $0.27, with a low estimate of $0.26 and a high estimate of $0.28. 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 | $88.70 | $110.00 | 24.01% | - |
| AZZ | AZZ | $78.57 | $87.17 | 10.95% | Buy |
| FA | First Advantage | $19.56 | $21.00 | 7.36% | Hold |
| CASS | Cass Information Systems | $41.99 | $44.00 | 4.79% | Buy |
| ARMK | Aramark | $38.21 | $39.70 | 3.90% | Buy |
| ABM | ABM Industries | $51.61 | $47.00 | -8.93% | Buy |
| BV | BrightView | $15.14 | $13.25 | -12.48% | Buy |
ARMK Forecast FAQ
Is Aramark a good buy?
Yes, according to 11 Wall Street analysts, Aramark (ARMK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of ARMK's total ratings.
What is ARMK's price target?
Aramark (ARMK) average price target is $39.7 with a range of $33 to $45, implying a 3.90% from its last price of $38.21. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Aramark stock go up soon?
According to Wall Street analysts' prediction for ARMK stock, the company can go up by 3.90% (from the last price of $38.21 to the average price target of $39.7), up by 17.77% based on the highest stock price target, and down by -13.64% based on the lowest stock price target.
Can Aramark stock reach $60?
ARMK's average twelve months analyst stock price target of $39.7 does not support the claim that Aramark can reach $60 in the near future.
What is Aramark's current price target trend?
1 Wall Street analyst forecast a $42 price target for Aramark (ARMK) this month, up 9.92% from its last price of $38.21. Compared to the last 3 and 12 months, the average price target increased by 3.82% and decreased by -0.92%, respectively.
What are Aramark's analysts' financial forecasts?
Aramark's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $18.49B (high $19.03B, low $18.16B), average EBITDA is $1.22B (high $1.26B, low $1.2B), average net income is $519.5M (high $539.3M, low $507.37M), average SG&A $448.22M (high $461.37M, low $440.18M), and average EPS is $1.95 (high $2.02, low $1.9). ARMK's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $19.52B (high $20.1B, low $19.17B), average EBITDA is $1.29B (high $1.33B, low $1.27B), average net income is $598.64M (high $621.46M, low $584.67M), average SG&A $473.26M (high $487.14M, low $464.77M), and average EPS is $2.25 (high $2.33, low $2.19).
Did the ARMK's actual financial results beat the analysts' financial forecasts?
Based on Aramark's last annual report (Sep 2023), the company's revenue was $18.85B, beating the average analysts forecast of $18.31B by 2.95%. Apple's EBITDA was $1.41B, beating the average prediction of $1.22B by 15.39%. The company's net income was $674.11M, beating the average estimation of $413.6M by 62.98%. Apple's SG&A was $406.77M, missing the average forecast of $441.96M by -7.96%. Lastly, the company's EPS was $2.59, beating the average prediction of $1.67 by 55.49%. In terms of the last quarterly report (Dec 2023), Aramark's revenue was $4.41B, beating the average analysts' forecast of $4.29B by 2.81%. The company's EBITDA was $272.49M, missing the average prediction of $283.15M by -3.76%. Aramark's net income was $28.54M, missing the average estimation of $95.76M by -70.20%. The company's SG&A was $90.19M, missing the average forecast of $103.93M by -13.21%. Lastly, the company's EPS was $0.11, missing the average prediction of $0.359 by -69.38%