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Aramark (ARMK) Surges: Stock Moves 5.9% Higher

AramarkARMK was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $36.61 to $38.32 in the past one-month time frame.

The move came after the company reported solid second-quarter fiscal 2018 results.

The company has seen one positive estimate revision in the past month while its Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Aramark currently has a Zacks Rank #4 (Sell), while its Earnings ESP is negative.

Aramark Price

Aramark Price | Aramark Quote

A better-ranked stock in the Food - Miscellaneous industry is United Natural Foods, Inc. UNFI , which currently has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

Is ARMK going up? Or down? Predict to see what others think: Up or Down

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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United Natural Foods, Inc. (UNFI): Free Stock Analysis Report

Aramark (ARMK): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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