ARMK
Aramark
Consumer, Event Driven/Special Sit
02/25/2015
Presented
| Date | 02/20/2015 |
| Price | $30.81 |
| Market Cap | $7.30B |
| Ent Value | $13.04B |
| P/E Ratio | 40.85x |
| Book Value | $7.44 |
| Div Yield | 1.1% |
| Shares O/S | 237.00M |
| Ave Daily Vol | 1,780,000 |
| Short Int | 0.63% |
Current
| Price | $39.01 |
| Market Cap | $10.28B |
| Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, including dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, the company provides on-site restaurants, catering, convenience stores, and executive dining services; coffee and vending services; and facility management services comprising housekeeping management, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning services, and other facility consulting services. Further, it offers facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, the company provides correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides walk-off mats, cleaning cloths, and disposable towels. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is headquartered in Philadelphia, Pennsylvania. |
Publicly traded companies mentioned herein: Aramark (ARMK), Compass Group PLC (CPG)
Highlights
The presenter is long shares of Aramark, citing easy operational improvements to be had as well as general growth in the food services industry as the economy improves as reasons to be optimistic. He is confident in new CEO Eric Foss, whom he believes can significantly improve margins. Additionally, there is the possibility of a uniform services business spin-off/sale, which could act as a short-term catalyst for share prices. The presenter thinks ARMK could be worth $45 by the end of the year and $60 in two years, up from $30 today.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.