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Aramark (ARMK) Surges: Stock Moves 7.2% Higher

Zacks Equity Research
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Lincoln National's (LNC) Q3 Earnings Surpass, Increase Y/Y

Lincoln National's (LNC) third-quarter earnings gain on the back of solid segmental performances and a prudent capital management.

Aramark ARMK was a big mover last session, as the company saw its shares rise more than 7% 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 $38.25 to $40.71 in the past one-month time frame.

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

The company has seen estimate revision of no increase and one decrease over the past few weeks, while the 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 Medifast, Inc. MED, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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