Aramark (ARMK) Downgraded by Zacks Investment Research to Sell

Aramark stock has undergone multiple analysts rating changes in the recent past.  Aramark Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Aramark traded up $0.20 on Monday, reaching $36.77. 2108939 shares of the stock traded hands, compared to its average volume of 2058034. Shares of Aramark were trading at $36.77 on Monday. The firm’s 50 day moving average is $34.17 and its 200 day moving average is $36.74.Aramark has a 12 month low of $36.52 and a 12 month high of $43.12. While on yearly highs and lows, Aramark’s today has traded high as $37.31 and has touched $36.52 on the downward trend. See More Analyst Rating at: RATING

Aramark Earnings and What to expect: 

Aramark last released its quarterly earnings data on August 9th, 2021. The reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The business had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3.07 billion. Its revenue for the quarter was up 38.5% compared to the same quarter last year. Aramark has generated ($0.17) earnings per share over the last year (($1.08) diluted earnings per share). Earnings for Aramark are expected to grow in the coming year, from ($0.32) to $1.82 per share. Aramark has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 16th, 2021 based off prior year’s report dates.

Earnings for Aramark are expected to grow in the coming year, from ($0.32) to $1.82 per share. The P/E ratio of Aramark is -34.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Aramark is -34.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Aramark has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Aramark (ARMK) Moving Average Technical Analysis

5 day Moving Average is $36.54 And 5 day price change is $0.86 (2.39%)  with average volume for 5 day average is 1,863,880. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $34.01 and 20 day price change is $3.64 (10.99%) and average 20 day moving volume is 2,223,890. 50 day moving average is $34.17  and 50 day price change is $1.64 ( 4.67%)  and with average volume for 50 days is : 2,056,846. 200 day moving average is $36.74  and 200 day price change is -$0.76 (-2.03%)  and with average volume for 200 days is : 1,903,242.

Other owners latest trading in Aramark :

  • On 9/13/2021 shares held by Bank of America Corp DE were 2,677,912 which equates to market value of $99.75M and appx 0.00% owners of Aramark
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 537,651 which equates to market value of $20.03M and appx 0.00% owners of Aramark
  • On 8/26/2021 shares held by Comerica Bank were 8,554 which equates to market value of $0.28M and appx 0.00% owners of Aramark
  • In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for Aramark

See More Analyst Rating at: RATING