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Vestis Corporation (VSTS)
NYSE:VSTS
Vestis Corporation (VSTS) Stock Price & Analysis
58 Followers
VSTS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.89 - $22.26
Previous Close$12.34
Volume1.58M
Average Volume (3M)3.06M
Market Cap
$1.62B
Enterprise Value$3.21B
Total Cash (Recent Filing)$30.66M
Total Debt (Recent Filing)$1.62B
Price to Earnings (P/E)7.6
Beta1.30
Next Earnings
Aug 07, 2024EPS Estimate
$0.09Last Dividend Ex-Date
Jun 14, 2024Dividend Yield0.85%
Share Statistics
EPS (TTM)N/A
Shares Outstanding131,450,628
10 Day Avg. Volume2,458,799
30 Day Avg. Volume3,063,401
Standard Deviation0.18
R-Squared0.12
Alpha-0.08
Financial Highlights & Ratios
Price to Book (P/B)-5.49
Price to Sales (P/S)2.25
Price to Cash Flow (P/CF)5.20
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.55
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda72.41
Forecast
1Y Price Target
$11.88Price Target Upside-3.73% Downside
Rating ConsensusHold
Number of Analyst Covering5
Vestis Corporation News
PremiumCompany Announcements
Vestis Corporation Welcomes New EVP & COO Bill Seward
PremiumCompany Announcements
Vestis Corporation Announces Key Board Appointments and Shareholder Deadlines
Bulls Say, Bears Say
Bulls Say
Analyst RatingMaintaining Outperform rating.
Market OpportunityToday's heavy sell-off is the opportunity in the short term, this note's call.
Operational ImprovementService focus for now with process improvement intended to drive accountability and faster new customer install times.
Bears Say
Customer RetentionRetention issues arose when off-cycle price increases were aggressively pushed, causing retention to sharply fall.
Financial PerformanceManagement lowered forecasts for full-year revenues and EBITDA margins.
Service QualityService quality is not high enough to afford better growth.
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Ownership Overview
26.60% Insiders
31.79% Mutual Funds
22.81% Other Institutional Investors
18.80% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VSTS FAQ
What was Vestis Corporation’s price range in the past 12 months?
Vestis Corporation lowest stock price was $8.89 and its highest was $22.26 in the past 12 months.
What is Vestis Corporation’s market cap?
Currently, no data Available
When is Vestis Corporation’s upcoming earnings report date?
Vestis Corporation’s upcoming earnings report date is Aug 07, 2024 which is in 12 days.
How were Vestis Corporation’s earnings last quarter?
Vestis Corporation released its earnings results on May 02, 2024. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.22 by -$0.09.
Is Vestis Corporation overvalued?
According to Wall Street analysts Vestis Corporation’s price is currently Overvalued.
Does Vestis Corporation pay dividends?
Vestis Corporation pays a Annually dividend of $0.04 which represents an annual dividend yield of 0.85%. See more information on Vestis Corporation dividends here
What is Vestis Corporation’s EPS estimate?
Vestis Corporation’s EPS estimate is $0.09.
How many shares outstanding does Vestis Corporation have?
Vestis Corporation has 131,450,620 shares outstanding.
What happened to Vestis Corporation’s price movement after its last earnings report?
Vestis Corporation reported an EPS of $0.13 in its last earnings report, missing expectations of $0.22. Following the earnings report the stock price went down -45.005%.
Which hedge fund is a major shareholder of Vestis Corporation?
Among the largest hedge funds holding Vestis Corporation’s share is Farallon Capital Management, L.L.C.. It holds Vestis Corporation’s shares valued at 95M.
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Vestis Corporation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$11.88 (-3.73% Downside)
$11.88 (-3.73% Downside)
Blogger Sentiment
Bullish
VSTS Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 4.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $42.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
Company Description
Vestis Corporation
Aramark Uniform & Career Apparel, LLC provides customized uniform rental and purchase programs in the United States, Canada, Puerto Rico, and Japan. The company's products include uniforms, floor mats, towel service, restroom supplies, equipment, mops, first aid, flame resistant, cleanroom, and healthcare. It serves food service, food processing, automotive, manufacturing, healthcare, and cleanroom industries. The company was founded in 1936 and is based in Burbank, California. Aramark Uniform & Career Apparel, LLC operates as a subsidiary of Aramark.
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VSTS Company Deck
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VSTS Earnings Call
Q2 2024
0:00 / 0:00
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VSTS Stock 12 Month Forecast
Average Price Target
$11.88
▼(-3.73% Downside)
Technical Analysis
Best Analysts Covering VSTS
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+1.20%
reiterated a sell rating 3 months ago
Copying Manav Patnaik's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.20% per trade.
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