Ultime notizie per Aramark (NYSE:ARMK) Azioni

Aramark

Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.

A large exercise of company stock options by James Tarangelo, SVP and CFO at Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) was disclosed in a new SEC filing on November 21, as part of an insider exercise.
What Happened: Tarangelo, SVP and CFO at Aramark, exercised stock options for 8,365 shares of ARMK stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001584509/000158450924000226//Archives/edgar/data/1584509/000158450924000226/0001584509-24-000226-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The exercise price of the options was $20.67 per share.
As of Friday morning, Aramark shares are down by 4.85%, with a current price of $38.46. This implies that Tarangelo's 8,365 shares have a value of $148,813.
<h3>Discovering Aramark: A Closer Look</h3>
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
<h3>A Deep Dive into Aramark's Financials</h3>
Positive Revenue Trend: Examining Aramark's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.16% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 8.99%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Aramark exhibits below-average bottom-line performance with a current EPS of 0.46.
</li>
</ul>
Debt Management: Aramark's debt-to-equity ratio is below the industry average. With a ratio of 1.83, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 40.83 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.62 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 13.05 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Insider Activity Matters in Finance</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001584509">Check Out The Full List Of Aramark's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

ARMK

Options Movement At Aramark: James Tarangelo Exercises Worth $148K

Stifel analyst Shlomo Rosenbaum maintains Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) with a Buy and raises the price target from $43 to $45.

Price Target

Analyst Ratings

Stifel Maintains Buy on Aramark, Raises Price Target to $45

Truist Securities analyst Jasper Bibb maintains Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) with a Buy and raises the price target from $42 to $46.

Truist Securities Maintains Buy on Aramark, Raises Price Target to $46

Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) Monday reported upbeat earnings for <a href="https://www.benzinga.com/news/earnings/24/11/41886688/crude-oil-down-3-aramark-posts-upbeat-earnings">its fiscal fourth quarter</a>.
The Philadelphia-based company announced a "material" share repurchase in fiscal 2025, for the first time in nearly eight years, according to Truist Securities.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/65522755a54dc20001b245f7/jasper-bibb">Analyst Jasper Bibb</a> maintained a Buy rating on Aramark, while raising the price target from $42 to $46.
Aramark Thesis: The company&#8217;s total revenues grew by 5% year-on-year to $4.417 billion, missing the consensus of $4.455 billion possibly due to incremental forex headwinds, Bibb said in the note.  
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"Margin drivers included operating leverage, cost discipline and supply chain efficiencies," and the company reported adjusted earnings of 54 cents per share, ahead of consensus of 52 cents per shares, he added.
Aramark guided to organic growth of around 7.5%-9.5% in constant currency terms, implying full-year revenues in the range of $18.61 billion to $18.96 billion, versus consensus of $18.53 billion, net of a forex headwind of $95 million, the analyst stated.
While management announced the authorization of a share buyback program of $500 million, the earnings guidance "does not include any impact from potential share repurchase activity," Bibb further wrote.
Price Action: Shares of Aramark had declined by 0.62% to $38.44 in premarket trading on Tuesday.
Read More: 
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<li><a href="https://www.benzinga.com/news/buybacks/24/11/41876916/food-company-aramark-posts-mixed-q4-increases-dividend-by-11-more">Food Company Aramark Posts Mixed Q4, Increases Dividend By 11% &amp; More</a></li>
</ul>
Image: Shutterstock

Analyst Color

Earnings Beats

Long Ideas

Reiteration

Why This Aramark Analyst Is Raising Forecasts After Mixed Q4 Results

JP Morgan analyst Andrew Steinerman maintains Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) with a Overweight and raises the price target from $41 to $45.

JP Morgan Maintains Overweight on Aramark, Raises Price Target to $45

Ratings for Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $41.56, a high estimate of $44.00, and a low estimate of $38.00. Surpassing the previous average price target of $37.62, the current average has increased by 10.47%.
<img src="https://www.benzinga.com/files/images/story/2024/1731420020_0_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The analysis of recent analyst actions sheds light on the perception of Aramark by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Toni Kaplan</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$40.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Andrew Wittmann</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$44.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Lizzie Dove</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$41.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Joshua Chan</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$44.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Karl Green</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$42.50</td>
<td>$36.00</td>
</tr>
<tr>
<td>Jasper Bibb</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Andrew Steinerman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$41.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Toni Kaplan</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$38.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Aramark. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Aramark compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Aramark's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Aramark's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ARMK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Aramark analyst ratings.</a>
<h2>About Aramark</h2>
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
<h3>Breaking Down Aramark's Financial Performance</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Aramark displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 7.97%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Aramark's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 1.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Aramark's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.99%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Aramark's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.46%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 2.13, Aramark adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Aramark

Morgan Stanley analyst Toni Kaplan maintains Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) with a Equal-Weight and raises the price target from $38 to $40.

Morgan Stanley Maintains Equal-Weight on Aramark, Raises Price Target to $40

Baird analyst Andrew Wittmann maintains Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) with a Neutral and raises the price target from $38 to $44.

Baird Maintains Neutral on Aramark, Raises Price Target to $44

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling more than 50 points on Monday.
The Dow traded up 0.76% to 44,324.99 while the NASDAQ fell 0.15% to 19,257.81. The S&amp;P 500 also rose, gaining, 0.04% to 5,998.191.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/short-ideas/24/11/41874548/top-4-health-care-stocks-that-may-plunge-this-quarter">Top 4 Health Care Stocks That May Plunge This Quarter</a>
Leading and Lagging Sectors Financials shares surged by 1.4% on Monday.
In trading on Monday, information technology shares fell by 1.3%.
Top Headline
Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) reported better-than-expected fourth-quarter financial results and announced a $500 million share repurchase program. Also, the company approved a 11% increase to its quarterly dividend.
Revenue grew 5% year-over-year (Organic revenue: +7%) to $4.42 billion, missing the consensus of $4.46 billion. Adjusted EPS of 54 cents exceeded the consensus of 53 cents.
Aramark's Board of Directors approved an 11% increase in the quarterly dividend, raising it to 10.5 cents per share. The dividend will be payable on December 12, 2024, to stockholders of record as of December 2, 2024
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>CERo Therapeutics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) shares shot up 122% to $0.1552 after the company announced the presentation of preclinical data demonstrating the capability of CER-1236 to kill ovarian cancer cells in preclinical models</li>
<li>Shares of Canaan Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) got a boost, surging 34% to $1.6915 after Bitcoin rose above $82,000.</li>
<li>MARA Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares were also up, gaining 25% to $23.96 amid strength in Bitcoin.</li>
</ul>
Equities Trading DOWN
<ul>
<li>1847 Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) shares dropped 40% to $2.1600. 1847 Holdings signed a definitive agreement to acquire a cabinet, door &amp; millwork manufacturer for $18.75 million.</li>
<li>Shares of RAPT Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAPT#NASDAQ">RAPT</a>) were down 44% to $1.6250 after the company terminated its Zelnecirnon program following an FDA clinical hold due to a severe adverse event involving liver injury.</li>
<li>Sapiens International Corporation N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) was down, falling 26% to $29.25 after the company reported worse-than-expected third-quarter EPS and sales and lowered its FY24 revenue guidance.</li>
</ul>
Commodities In commodity news, oil traded down 3.1% to $68.18 while gold traded down 2.8% at $2,619.40.
Silver traded down 2.6% to $30.620 on Monday, while copper fell 1.8% to $4.2270.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 gained 1.13%, Germany's DAX gained 1.21% and France's CAC 40 gained 1.20%. Spain's IBEX 35 Index rose 0.40%, while London's FTSE 100 rose 0.65%.
The BNP Paribas Real Estate Construction PMI in Ireland rose to 49.4 in October versus 49.0 in September,
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.08%, Hong Kong's Hang Seng Index falling 1.45%, China's Shanghai Composite Index gaining 0.51% and India's BSE Sensex gaining 0.01%.
China's annual inflation rate was 0.3% in October compared to September's reading of 0.4%, while producer prices declined by 2.9% year-over-year in October. China&#8217;s vehicle sales climbed by 7% year-over-year to 3.05 million units in October compared to a 1.7% decline in the prior month.
The gauge for Japan's service sector fell to 47.5 in October compared to a revised reading of 47.8 in the prior month, while Japan's current account surplus fell to JPY 1,717.1 billion in September from JPY 2,954.2 billion in the year-ago month.
Economics
No major economic reports are scheduled for released today.
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</ul>

Earnings

Equities

Eurozone

Commodities

Intraday Update

Markets

CERO

EFSH

MARA

RAPT

SPNS

Crude Oil Down 3%; Aramark Posts Upbeat Earnings

The &#8220;Trump-related everything rally&#8221; reignited across markets on Monday, with heightened focus on last week's top performers like small caps, financials, Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and cryptocurrencies, all surging as the <a href="https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.benzinga.com/markets&amp;ved=2ahUKEwiQxOXV7NSJAxWUTKQEHQWeNCEQFnoECB8QAQ&amp;usg=AOvVaw1FmExYgZnKyK1W0mkY7TrX">new trading week began.</a>
The Russell 2000 Index outperformed major large-cap indices, nearing a retest of its all-time high from November 2021.
Financials shone brightest again, with both large and regional banks posting strong gains. The SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) surged 3.9%, reaching levels last seen in August 2022.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) also dominated headlines, surpassing the $85,000 milestone and fueling widespread gains across other crypto assets.
Major crypto-related stocks, including Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), rallied nearly 22%, hitting highs last seen in late November 2021. MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) soared 25%, with Riot Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) and CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLK#NASDAQ">CSLK</a>) both up by 21%.
Within tech, Tesla continued its rally, while the rest of the sector lagged, weighed down by sharp declines in semiconductors following new AI-related export restrictions to China, impacting Taiwan Semiconductor Manufacturing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Elsewhere, the U.S. dollar extended its gains, while Treasury yields held steady, with the 10-year yield hovering around 4.3%.
Prices tumbled in commodities, with the exception of natural gas, which rose roughly 10%. Gold dropped over 2%, and oil fell by 3%.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETF</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Index</th>
<th>Price</th>
<th>% chg (1 day)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Russell 2000</td>
<td>2,437.75</td>
<td>1.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,328.14</td>
<td>0.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,001.80</td>
<td>0.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,060.25</td>
<td>-0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:47 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent111124&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) held steady at $598.43.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.7% to $443.23.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.3% lower to $512.45.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1.6% to $242.00.</li>
<li>The&nbsp;Financials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) outperformed, rising 1.8%. The&nbsp;Technology Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) lagged, down 0.8%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports were Monday.com ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMDY#NASDAQ">AMDY</a>) down 15% and Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>), up 1%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41883820/trump-trade-sparks-biggest-financial-stock-inflows-in-2-years">Trump Trade Sparks Biggest Financial Stock Inflows In 2 Years</a></li>
</ul>
Image created using artificial intelligence via Dall-E.

Large Cap

Macro Economic Events

Mid Cap

Sector ETFs

Broad U.S. Equity ETFs

Small Cap

Economics

Tech

ETFs

$BTC

Tidal Trust II Yieldmax AMD Option Income Strategy ETF

AMDY

COIN

CSLK

SPDR Dow Jones Industrial Average ETF Trust

RIOT

TSLA

Small Caps, Financials Rally As Bitcoin Blasts Past $85,000: What's Driving Markets Monday?

Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) shares are trading higher after the company reported fourth-quarter results <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41874688/aramark-reports-earnings-results-for-fiscal-2024" rel="noreferrer noopener">and raised quarterly dividend</a>.
Revenue grew 5% year-over-year (Organic revenue: +7%) to $4.42 billion, missing the consensus of $4.46 billion. Revenues were driven by strong volume growth across both segments, with pricing stabilizing due to inflation trends, especially in Education.
FSS United States saw revenue growth of 4%, led by Sports &amp; Entertainment on higher per capita spending and strong stadium attendance, Business &amp; Industry with increased participation and new clients, and retail expansion in Corrections through micro-markets.
FSS International revenue increase of 9% was led by broad-based, especially in the U.K., Germany, Canada, and South America, with top-performing sectors in Business &amp; Industry, Sports &amp; Entertainment, and Extractive Services.
In the fourth quarter, adjusted operating income grew 7% to $271 million, driven by higher revenue, cost discipline, and supply chain efficiencies. Adjusted EPS of $0.54 exceeded <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">the consensus of $0.53</a>.
Operating cash flow increased 42% to $727 million, while Free Cash Flow rose 121% to $323 million in the year. As of fiscal year-end, the company had available cash of over $2.6 billion.
Dividend: Aramark&#8217;s Board of Directors approved an 11% increase in the quarterly dividend, raising it to $0.105 per share. The dividend will be payable on December 12, 2024, to stockholders of record as of December 2, 2024.
Repurchase: The Board of Directors approved a new $500 million share repurchase program in early November.
Guidance: Aramark expects FY25 organic revenue growth of 7.5% to 9.5%, with adjusted<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> EPS growth of 23% to 28%</a>.
John Zillmer, Aramark&#8217;s Chief Executive Officer, said, &#8220;We reached new highs in our financial performance every quarter during fiscal 2024, ultimately achieving record revenue and AOI profitability for any year in Global FSS history.&#8221;
Investors can gain exposure to the stock via AdvisorShares Restaurant ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EATZ#NYSE">EATZ</a>) and SWP Growth &amp; Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWP#NASDAQ">SWP</a>).
Price Action: ARMK shares are up 3.55% at $40.50 premarket at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/futures/24/11/41873824/us-stocks-likely-to-open-higher-after-registering-best-week-of-year-following-trump-win-expert-says-markets-still-have-juice-left-as-investors-eye-cpi-data" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Higher After Registering Best Week Of Year Following Trump Win: Markets Still Have Juice Left As Investors Eye CPI Data, Says Expert</a></li>
</ul>

Guidance

Dividends

Buybacks

Movers

EATZ

Food Company Aramark Posts Mixed Q4, Increases Dividend By 11% & More

General

Aramark shares are trading higher after the company reported better-than-expected Q4 financial results and announced a $500 million share repurchase program. Also, the company approved a 11% increase to its quarterly dividend.

Aramark Expects FY25 Organic Revenue Of +7.5% — +9.5%, Adjusted EPS Of +23% — +28%

The dividend will be payable on December 12, 2024, to stockholders of record at the close of business on December 2, 2024.

Aramark's Board Approves 11% Increase To Quarterly Dividend From $0.095 To $0.105 Per Share

Aramark Board Approves New $500M Share Repurchase Program In Early November

Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.53 by 1.89 percent. The company reported quarterly sales of $4.42 billion which missed the analyst consensus estimate of $4.46 billion by 1.04 percent.&nbsp;

Earnings Misses

Aramark Q4 2024 Adj EPS $0.54 Beats $0.53 Estimate, Sales $4.42B Miss $4.46B Estimate

U.S. stocks could get off to a positive start on Monday after the<a href="https://www.benzinga.com/news/earnings/24/11/41696201/market-volatility-soars-ahead-of-elections-tech-earnings-mixed-strikes-and-hurricanes-knock-employm"> averages registered their best week this year</a> following the reelection of Donald Trump.
After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his approach, but delivered the 25 basis point cut that was widely expected by experts and investors.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.34%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.29%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.28%</td>
</tr>
<tr>
<td>R2K</td>
<td>1.32%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.28% to $599.84 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.28% to $515.57, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>.
Cues From Last Week:
Dow Jones and S&amp;P 500 registered their best week of the year after the election of Trump as the 47th U.S. president.
The S&amp;P 500 surged 4.66% last week, while the Dow gained 4.61% during that period, with both indices recording their best week since Nov. 2023. The Nasdaq, meanwhile, jumped 5.74% during the week.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer staples, utilities, and real estate stocks recording the biggest gains on Friday.
However, materials and communication services stocks bucked the overall market trend, closing the session lower.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Week&#8217;s Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>5.74%</td>
<td>19,286.78</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>4.66%</td>
<td>5,995.54</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>4.61%</td>
<td>43,988.99</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>8.47%</td>
<td>2,399.64</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Ari Wald, head of technical analysis at Oppenheimer &amp; Co., noted that the current rally in U.S. equity markets is based on multiple factors and not just the post-election rush due to Trump's victory.
&#8220;There's market strength and there's meaningful market strength. We see last week's post-election breakout as meaningful market strength based on wide-ranging bullish action."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I am old enough to remember when <a href="https://twitter.com/AriWald?ref_src=twsrc%5Etfw">@AriWald</a> said all of 2022 that the SPX would fall to 3,500 (200-week MA and 50% retracement) and bottom in October. He has been a &#x1f402; ever since and last week&#39;s strength did little to change that. <a href="https://t.co/WphKL7Q3vI">https://t.co/WphKL7Q3vI</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1855274728019165268?ref_src=twsrc%5Etfw">November 9, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Moving past the election, investors will be looking forward to crucial economic data such as the October Consumer Price Index, or CPI. Economists expect a moderate uptick in CPI inflation to 2.6% in October, as compared to 2.4% in September.
The core inflation is expected to remain unchanged at 3.3%.
"The October CPI report will likely support the notion that the last mile of inflation&#8217;s journey back to target will be the hardest,&#8221; said economists at Wells Fargo, led by Jay Bryson.
Investors will also keep an eye out for crucial retail sales data ahead of the beginning of the holiday season.
Nathan Peterson, Director of Derivatives Analysis at the Schwab Center for Financial Research, laid<a href="https://www.schwab.com/learn/story/weekly-traders-outlook/"> out</a> the thesis for market movements for the next week.
"If history is any guide, it shouldn&#8217;t be a surprise if we get some &#8220;back and fill&#8221; price action (consolidation of gains) from this week&#8217;s surge in stocks, but the timing is difficult if not impossible to predict," Peterson said.
"Today&#8217;s price action suggests to me that the post-election upside momentum is still in play, which bodes well for stocks, at least for the first half of next week."
Overall, Peterson maintains a cautious stance, saying markets could witness bullish momentum to kick off the week, but bearish sentiments could take over during the second half.
See Also:<a href="https://www.benzinga.com/money/how-to-trade-futures"> How To Trade Futures</a>
Upcoming Economic Data
Monday's economic calendar is light, but crucial economic data is scheduled for the rest of the week.
<ul>
<li>On Tuesday, Fed Gov. Christopher Waller will speak at 10 a.m. ET.</li>
<li>Richmond Fed President Tom Barkin will speak at 10:15 a.m. ET.</li>
<li>Philadelphia President Patrick Harker will speak at 10 a.m. ET.</li>
<li>On Wednesday, the Consumer Price Index (CPI) will be released at 8:30 a.m. ET.</li>
<li>New York Fed President John Williams will speak at 9:30 a.m. ET.</li>
<li>Dallas Fed President Lorie Logan will speak at 9:45 a.m. ET.</li>
<li>The monthly U.S. federal budget will be released at 2 p.m. ET.</li>
<li>On Thursday, Federal Reserve Gov. Adriana Kugler will speak at 7 a.m. ET.</li>
<li>Initial jobless claims data will be released at 8:30 a.m. ET.</li>
<li>Federal Reserve Chair Jerome Powell will speak at 3 p.m. ET.</li>
<li>On Friday, the Import price index will be released at 8:30 a.m. ET.</li>
<li>Retail sales data will be released at 8:30 a.m. ET</li>
</ul>
Stocks In Focus:
<ul>
<li>Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) will be in focus on Monday after it was reportedly ordered to halt shipments of advanced chips to China.</li>
<li>Investors are awaiting earnings results from Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>), Live Nation Entertainment, Inc. NYSE: LYV), and monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) today.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares gain over 5% in premarket trading on Monday.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares surged over 7%. </li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures experienced sideways movement in the early New York session, falling by 1.28%.
The 10-year Treasury note yield eased marginally to 4.306%.
Major Asian markets ended mixed on Monday.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) hit the $81000 mark first time in history as cryptocurrencies rally after Trump&#8217;s win last week.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41869034/skyrocketing-bitcoin-nears-80000-milestone-on-optimism-over-trump">Bitcoin Surges Past $80,000 Milestone For First Time On Optimism Over Trump</a></li>
</ul>
Photo courtesy: Wikimedia

Futures

Politics

Federal Reserve

Pre-Market Outlook

MNDY

US Stocks Likely To Open Higher After Registering Best Week Of Year Following Trump Win: Markets Still Have Juice Left As Investors Eye CPI Data, Says Expert

<h3>Companies Reporting Before The Bell</h3>
• Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is projected to report quarterly earnings at $2.41 per share on revenue of $174.31 million. 
• Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) is projected to report quarterly earnings at $0.63 per share on revenue of $246.09 million. 
• Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) is likely to report quarterly earnings at $0.53 per share on revenue of $4.46 billion. 
• ICL Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $2.03 billion. 
• Lincoln Educational Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINC#NASDAQ">LINC</a>) is projected to report quarterly earnings at $0.09 per share on revenue of $110.77 million. 
• Strawberry Fields REIT (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STRW#AMEX">STRW</a>) is estimated to report earnings for its third quarter. 
• Sapiens Intl Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPNS#NASDAQ">SPNS</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $140.07 million. 
• Nuwellis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) is projected to report quarterly loss at $1.28 per share on revenue of $2.36 million. 
• GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) is estimated to report earnings for its third quarter. 
<h3>Companies Reporting After The Bell</h3>
• Grab Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) is expected to report quarterly loss at $0.01 per share on revenue of $691.80 million. 
• Ispire Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPR#NASDAQ">ISPR</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $52.81 million. 
• Talos Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TALO#NYSE">TALO</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $500.03 million. 
• Team (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TISI#NYSE">TISI</a>) is estimated to report earnings for its third quarter. 
• Mineralys Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLYS#NASDAQ">MLYS</a>) is expected to report earnings for its third quarter. 
• Live Nation Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYV#NYSE">LYV</a>) is likely to report quarterly earnings at $1.71 per share on revenue of $8.09 billion. 
• Gatos Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATO#NYSE">GATO</a>) is projected to report earnings for its third quarter. 
• Yalla Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) is likely to report earnings for its third quarter. 
• Archrock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AROC#NYSE">AROC</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $283.55 million. 
• Ampco-Pittsburgh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AP#NYSE">AP</a>) is likely to report earnings for its third quarter. 
• FGI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $30.69 million. 
• Bioceres Crop Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOX#NASDAQ">BIOX</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $120.80 million. 
• RMR Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMR#NASDAQ">RMR</a>) is estimated to report quarterly earnings at $0.38 per share on revenue of $220.35 million. 
• Assertio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASRT#NASDAQ">ASRT</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $28.87 million. 
• Beyond Air (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XAIR#NASDAQ">XAIR</a>) is projected to report quarterly loss at $0.28 per share on revenue of $1.04 million. 
• Bridger Aerospace Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $57.50 million. 
• Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) is expected to report quarterly loss at $0.55 per share on revenue of $26.01 million. 
• QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) is likely to report quarterly loss at $0.05 per share on revenue of $4.20 million. 
• VAALCO Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGY#NYSE">EGY</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $145.89 million. 
• Assured Guaranty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGO#NYSE">AGO</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $201.37 million. 
• Stereotaxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STXS#AMEX">STXS</a>) is likely to report quarterly loss at $0.05 per share on revenue of $7.10 million. 
• NET Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $3.00 million. 
• Luminar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) is expected to report quarterly loss at $0.17 per share on revenue of $18.68 million. 
• James River Gr Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JRVR#NASDAQ">JRVR</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $146.56 million. 
• Crescent Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCAP#NASDAQ">CCAP</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $48.69 million. 
• IAC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAC#NASDAQ">IAC</a>) is estimated to report quarterly loss at $0.28 per share on revenue of $923.69 million. 
• Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $298.54 million. 
• Intevac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVAC#NASDAQ">IVAC</a>) is expected to report quarterly loss at $0.15 per share on revenue of $11.50 million. 
• Nevro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVRO#NYSE">NVRO</a>) is likely to report quarterly loss at $0.81 per share on revenue of $93.07 million. 
• Zeta Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $248.65 million. 
• DoubleDown Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDI#NASDAQ">DDI</a>) is estimated to report quarterly earnings at $0.55 per share on revenue of $85.43 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ANGI

AROC

ASRT

ATER

BAER

BIOX

CCAP

GATO

GRAB

ISPR

IVAC

JRVR

LAZR

LINC

MLYS

NPWR

NUWE

NVRO

QUIK

STRW

STXS

TALO

TISI

XAIR

YALA

ZETA

Earnings Scheduled For November 11, 2024

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the &#8220;Neutral&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the Dow Jones and S&amp;P 500 recording their best week in the year following the election of Donald Trump as the 47th U.S. president.
The S&amp;P 500 surged 4.66% last week, while the Dow gained 4.61% during that period, with both indices recording their best week since Nov. 2023. The Nasdaq, meanwhile, jumped 5.74% during the week.
On the economic data front, the University of Michigan consumer sentiment rose to 73 in November, recording the highest reading in seven months, versus a reading of 70.5 in October and also topping market estimates of 71.
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares jumped 8.2% on Friday, extending gains following the U.S. presidential election. Shares of Applied Optoelectronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) surged 55% after the company reported better-than-expected third-quarter revenue results.
Most sectors on the S&amp;P 500 closed on a positive note, with consumer staples, utilities, and real estate stocks recording the biggest gains on Friday. However, materials and communication services stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 260 points to 43,988.99 on Friday. The S&amp;P 500 gained 0.38% to 5,995.54, while the Nasdaq Composite jumped 0.09% to close at 19,286.78 during Friday's session.
Investors are awaiting earnings results from Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>), Live Nation Entertainment, Inc. NYSE: LYV), and monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 60.5, the index remained in the &#8220;Neutral&#8221; zone on Friday, versus a prior reading of 58.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41847971/jim-cramer-this-tech-stock-is-a-buy-sofi-technologies-is-good">Jim Cramer: This Tech Stock Is A Buy, SoFi Technologies Is Good</a></li>
</ul>
Photo courtesy: Shutterstock

AAOI

Dow, S&P 500 Notch Best Week Of Year As Tesla Surges Post Trump Win: Investor Sentiment Improves, Fear & Greed Index Remains In 'Neutral' Zone

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) to report quarterly earnings at 53 cents per share on revenue of $4.46 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Aramark shares rose 2.3% to $39.99 in after-hours trading.</li>
<li>Analysts are expecting Live Nation Entertainment, Inc. NYSE: LYV) to post quarterly earnings at $1.60 per share on revenue of $7.77 billion. The company will release earnings after the markets close. Live Nation Entertainment shares rose 0.5% to $123.60 in after-hours trading.</li>
<li>Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) posted downbeat earnings for its third quarter on Friday. The company reported $938.40 million in sales, up from $901.87 million in the year-ago period. Hawaiian Electric shares fell 2.1% to $10.42 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the markets close, IAC Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAC#NASDAQ">IAC</a>) is projected to post a quarterly loss at 22 cents per share on revenue of $922.21 million. IAC shares gained 0.5% to $53.71 in after-hours trading.</li>
<li>Analysts expect monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) to report quarterly earnings at 63 cents per share on revenue of $246.1 million before the opening bell. monday.com shares gained 2% to $330.80 in after-hours trading.</li>
</ul>
Check This Out:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41847971/jim-cramer-this-tech-stock-is-a-buy-sofi-technologies-is-good">Jim Cramer: This Tech Stock Is A Buy, SoFi Technologies Is Good</a></li>
</ul>
Photo courtesy: Aramark

Aramark, Live Nation Entertainment And 3 Stocks To Watch Heading Into Monday

Baird analyst Andrew Wittmann raised the firm's price target on Aramark (ARMK) to $44 from $38 and keeps a Neutral rating on the shares. The firm s...

Aramark price target raised to $44 from $38 at Baird

In a report released today, Stephanie Moore from Jefferies maintained a Buy rating on ARAMARK Holdings (ARMK – Research Report), with a price targe...

Jefferies Keeps Their Buy Rating on ARAMARK Holdings (ARMK)

In a report released today, Shlomo Rosenbaum from Stifel Nicolaus maintained a Buy rating on ARAMARK Holdings (ARMK – Research Report), with a pric...

ARAMARK Holdings (ARMK) Gets a Buy from Stifel Nicolaus

Stifel raised the firm's price target on Aramark (ARMK) to $45 from $43 and keeps a Buy rating on the shares following a quarter the firm character...

Aramark price target raised to $45 from $43 at Stifel

Truist analyst Jasper Bibb raised the firm's price target on Aramark (ARMK) to $46 from $42 and keeps a Buy rating on the shares after its Q4 earni...

Aramark price target raised to $46 from $42 at Truist

In a report released on November 14, Karl Green CFA from RBC Capital maintained a Buy rating on ARAMARK Holdings (ARMK – Research Report), with a p...

RBC Capital Keeps Their Buy Rating on ARAMARK Holdings (ARMK)

JPMorgan's 'Analyst Focus List' – growth, income, value, short ideas

ARAMARK Holdings Corp. (ARMK) has disclosed a new risk, in the Corporate Activity and Growth category. ARAMARK Holdings Corp. faces significant ris...

ARAMARK Holdings Faces Acquisition and Integration Challenges: Risks to Financial Stability

J.P. Morgan analyst Andrew Steinerman has maintained their bullish stance on ARMK stock, giving a Buy rating on November 14. Andrew Steinerman's ra...

Strong Performance and Promising Outlook: Andrew Steinerman's Buy Rating on ARAMARK Holdings

Aramark: Robust FY25 Outlook

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Press Releases

Aramark Sports + Entertainment Expands NCAA Portfolio, Executes Large-Scale Renovations Ahead of 2024 College Football Kick-Off

Aramark Sports + Entertainment Celebrates NFL's International Games with Globally Inspired Cuisine at Stadiums Across the U.S.

Aramark Receives Awards for Commitment to People and the Planet

Cleveland Browns, Aramark Sports + Entertainment, and Wicket Take Frictionless Technology to Next Level with Large-Scale Deployment of Express Access Concessions

Aramark Sports + Entertainment Brings Fan-Favorite Flavors to Seven NBA and NHL Venues for 2024-25 Arena Season

Aramark to Host Conference Call on Fourth Quarter and Full Year Fiscal 2024 Results

Aramark Healthcare+ Debuts on Modern Healthcare's "Best Places to Work in Healthcare" List with Two Leading Spots

Aramark SeniorLIFE+ Partners With Asbury Communities to Enhance Resident Experience

Aramark Sports & Entertainment Announces Partnership with KZ Provisioning to Expand Services to Athletes Nationwide

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