Stifel Nicolaus Increases Vestis (NYSE:VSTS) Price Target to $14.00

Key Points

• Stifel Nicolaus raised Vestis’s price target from $11 to $14 but maintained a “hold” rating, implying about 3.9% downside from the stock’s $14.57 price.
• Analyst sentiment remains cautious: Vestis has a consensus “Reduce” rating, with one Buy, three Hold, and four Sell ratings and an average price target of $10.86.
• Vestis beat quarterly EPS expectations, reporting $0.18 versus the $0.10 consensus, although revenue of $661.7 million fell short of estimates. Institutional investors own approximately 97.4% of the stock.

Vestis (NYSE:VSTS - Get Free Report) had its price objective boosted by equities researchers at Stifel Nicolaus from $11.00 to $14.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "hold" rating on the stock. Stifel Nicolaus' target price would suggest a potential downside of 3.91% from the stock's current price.

A number of other equities analysts also recently weighed in on VSTS. Weiss Ratings reissued a "sell (d-)" rating on shares of Vestis in a research report on Friday. Zacks Research cut Vestis from a "strong-buy" rating to a "hold" rating in a research report on Monday. Barclays reiterated an "underweight" rating on shares of Vestis in a research note on Wednesday. Robert W. Baird boosted their target price on Vestis from $15.00 to $16.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, William Blair upgraded Vestis from a "market perform" rating to an "outperform" rating in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $10.86.

Vestis Stock Performance

Shares of VSTS traded up $0.69 during midday trading on Wednesday, reaching $14.57. The stock had a trading volume of 1,242,422 shares, compared to its average volume of 1,644,184. The firm has a 50 day simple moving average of $14.21 and a 200-day simple moving average of $10.68. Vestis has a one year low of $3.98 and a one year high of $16.90. The firm has a market cap of $1.92 billion, a PE ratio of -104.06 and a beta of 0.97. The company has a current ratio of 2.13, a quick ratio of 1.69 and a debt-to-equity ratio of 1.44.

Vestis (NYSE:VSTS - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.08. Vestis had a negative net margin of 0.63% and a positive return on equity of 5.27%. The company had revenue of $661.66 million for the quarter, compared to analysts' expectations of $668.94 million. As a group, sell-side analysts anticipate that Vestis will post 0.52 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VSTS. State of Wyoming lifted its stake in shares of Vestis by 10.4% in the 4th quarter. State of Wyoming now owns 15,145 shares of the company's stock valued at $101,000 after acquiring an additional 1,428 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Vestis by 2.1% during the 1st quarter. Quantinno Capital Management LP now owns 86,042 shares of the company's stock valued at $676,000 after acquiring an additional 1,756 shares in the last quarter. Captrust Financial Advisors grew its position in Vestis by 15.6% during the 2nd quarter. Captrust Financial Advisors now owns 20,599 shares of the company's stock worth $118,000 after acquiring an additional 2,787 shares during the last quarter. Farther Finance Advisors LLC grew its position in Vestis by 176.1% during the 4th quarter. Farther Finance Advisors LLC now owns 5,193 shares of the company's stock worth $35,000 after acquiring an additional 3,312 shares during the last quarter. Finally, Mariner LLC increased its holdings in Vestis by 3.2% in the 3rd quarter. Mariner LLC now owns 123,981 shares of the company's stock worth $562,000 after purchasing an additional 3,798 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

More Vestis News

Here are the key news stories impacting Vestis this week:

• Positive Sentiment: Strong adjusted earnings and profitability: Vestis reported third-quarter adjusted EPS of $0.18, ahead of the $0.10–$0.11 analyst consensus and up from $0.05 a year earlier. Adjusted EBITDA was $80.9 million, while adjusted net income reached $24.2 million. Vestis Reports Third Quarter 2026 Results and Increases Full Year 2026 Outlook
• Positive Sentiment: Higher cash-flow outlook: Management forecast fiscal 2026 free cash flow of $160 million to $170 million and increased its full-year outlook. The stronger cash-generation outlook appears to be the main catalyst supporting the stock, offsetting the revenue shortfall. Vestis forecasts fiscal 2026 free cash flow
• Neutral Sentiment: Analyst view remains cautious: Robert W. Baird raised its price target from $15 to $16 but maintained a “neutral” rating, suggesting modest additional upside but limited conviction in a stronger re-rating. Vestis price target update
• Neutral Sentiment: Management is emphasizing a 2027 network “quadrant” strategy, which could improve operational efficiency and support longer-term growth, although its financial benefits are not yet established.
• Negative Sentiment: Revenue missed expectations: Quarterly revenue of $661.7 million was below the approximately $669 million consensus estimate, indicating that the earnings beat was driven more by profitability than sales growth. Vestis quarterly earnings results
• Negative Sentiment: Zacks Research downgraded VSTS from “strong buy” to “hold,” adding pressure to the stock’s valuation narrative. Vestis Q3 earnings analysis

Vestis Company Profile

Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries.

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