Wall Street analysts will be watching closely when Aramark (NYSE:ARMK) reports its quarterly earnings next, which is scheduled for Tue 14 May (In 91 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.67 per share. In the preceding quarter, the company reportedly generated EPS of $0.63 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 6.10%, a profit margin of 3.30% and a gross margin of 11.30%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Aramark (NYSE:ARMK). Most recently, on February 11th, 2019, Goldman Downgrade a Neutral rating. Before that, on January 17th, 2019, Berenberg Upgrade to Buy. RBC Capital Mkts Initiated a Outperform rating on November 20th, 2018, Robert W. Baird Upgrade an Outperform rating on November 14th, 2018, and BofA/Merrill Resumed a Buy rating on October 23rd, 2018.
At its current price point, combined with the fact that this company has 257.00M shares outstanding, the current market capitalization sits at 7.92B. In the last trading day, 9,436,738 shares of Aramark were traded, which compares to its usual volume of about 4.08M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$2.41 in the past five trading days, resulting in a percentage change of -7.25% and a moving average of 32.19. In the past 20 days, its price changed by -$0.04 (which is -0.13%) and the stock’s moving average was 32.22. Looking back a full 50 days, shares of ARMK changed by -$7.28 (which is -19.10%) and demonstrated a moving average of 31.90.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 7.45%, a 14-day Stochastic %K score of 11.43% and a 20-day Stochastic %K score of 18.20%. Using a similar metric, Aramark (ARMK) shares showed a Stochastic %D of 20.24% over the past 9 days, a Stochastic %D score of 26.68% over the last 14 days, and a 20-day Stochastic %D of 37.33%. Meanwhile, this stock’s MACD Oscillator was -1.28 over the past 9 days, -1.12 over the past two weeks, and -0.81 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $30.83 level. Over the past 12 months, this stock has experienced a high price of $43.70 and a low of $27.37. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Aramark (NYSE:ARMK) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 20,681,222 shares of the company’s stock following the addition of 218,648 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 8.36% stake in Aramark (ARMK)’s shares.
Just in the most recent trading day, Aramark (NYSE:ARMK) experienced a high price of $31.71 and low point of $30.56. At the end of the last trading session, this stock was at 30.83 per share, following a gain of $0.3, or -1.85% during the full day.