Vestis (VSTS) to Release Quarterly Earnings on Tuesday

Vestis (NYSE:VSTS - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $690.81 million for the quarter. Vestis has set its FY 2025 guidance at EPS.

Vestis (NYSE:VSTS - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. Vestis had a net margin of 0.34% and a return on equity of 7.91%. During the same quarter in the prior year, the firm earned $0.22 earnings per share. On average, analysts expect Vestis to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vestis Stock Performance

NYSE VSTS opened at $8.82 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.43 and a current ratio of 1.80. The company has a market capitalization of $1.16 billion, a PE ratio of 110.26 and a beta of 1.55. Vestis has a 52-week low of $7.35 and a 52-week high of $18.99. The company has a 50-day simple moving average of $9.89 and a 200 day simple moving average of $13.30.

Vestis Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, February 21st were given a dividend of $0.035 per share. The ex-dividend date was Friday, February 21st. This represents a $0.14 dividend on an annualized basis and a yield of 1.59%. Vestis's dividend payout ratio is presently 175.00%.

Analysts Set New Price Targets

Several brokerages have issued reports on VSTS. Robert W. Baird dropped their target price on shares of Vestis from $17.00 to $13.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. The Goldman Sachs Group dropped their price objective on shares of Vestis from $15.00 to $13.00 and set a "neutral" rating for the company in a report on Monday, March 17th. Finally, Barclays reduced their target price on Vestis from $13.00 to $10.00 and set an "underweight" rating on the stock in a research note on Friday, April 4th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat, Vestis presently has a consensus rating of "Hold" and a consensus price target of $13.08.

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.

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