Aramarks in-depth stock price analysis indicates that the stock price has rallied 4.2% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -5.61% . Looking at the past 52 week period, the stock price is up at 17.2% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Aramark has a positive value of 7.85 compared to overall market. Aramark (NYSE:ARMK) has climbed 4.38% in the past week and advanced 4.78% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.54% and the outperformance has advanced to 2.9% for the last 4 weeks period.
Aramark (NYSE:ARMK) : On Friday heightened volatility was witnessed in Aramark (NYSE:ARMK) which led to swings in the share price. The stock opened for trading at $35.65 and hit $35.79 on the upside , eventually ending the session at $35.51, with a gain of 0.28% or 0.1 points. The heightened volatility saw the trading volume jump to 1,528,600 shares. The 52-week high of the share price is $38.3 and the company has a market cap of $8,746 million. The 52-week low of the share price is at $29.18 .
Aramark Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.53. The company had revenue of $3735.00 million for the quarter, compared to analysts expectations of $3722.37 million. The companys revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Aramark was Downgraded by Barclays on Jan 10, 2017 to Equal Weight, Lowers Price Target to $ 37 from a previous price target of $38 .Aramark was Reiterated by RBC Capital Mkts on Nov 16, 2016 to Top Pick, Lowers Price Target to $ 41 from a previous price target of $42 .
Company has reported several Insider transactions to the SEC, on Nov 21, 2016, Stephen I Sadove (director) purchased 7,500 shares at 33.53 per share price.On Nov 21, 2016, Eric J Foss (CEO) purchased 87,566 shares at 34.51 per share price.On Aug 19, 2016, Stephen R Reynolds (EVP, GC and Secretary) sold 56,709 shares at 36.97 per share price.
ARAMARK Holdings Corporation offers food services, facilities management, uniform and career apparel to health care institutions, universities, school districts, stadiums and businesses. It operates primarily in three segments: Food and Support Services North America, Food and Support Services International and Uniform and Career Apparel segment. The companys FSS North America and FSS International segment provides food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping. Uniform segment provides rental, sale, cleaning, maintenance and delivery of personalized uniform and career apparel and other textile items. It operates primarily in North America, United Kingdom, Germany, Chile and Ireland. ARAMARK Holdings Corporation is headquartered in Philadelphia, PA.