William Blair Has Negative Forecast for Vestis Q4 Earnings

Vestis Corporation (NYSE:VSTS - Free Report) - Equities research analysts at William Blair cut their Q4 2025 earnings per share (EPS) estimates for Vestis in a report released on Wednesday, August 6th. William Blair analyst T. Mulrooney now forecasts that the company will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.07. The consensus estimate for Vestis' current full-year earnings is $0.70 per share. William Blair also issued estimates for Vestis' Q1 2026 earnings at ($0.01) EPS, Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.03) EPS.

Vestis (NYSE:VSTS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.05. Vestis had a positive return on equity of 3.76% and a negative net margin of 1.11%. The company had revenue of $673.80 million during the quarter, compared to analysts' expectations of $673.65 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The business's revenue was down 3.5% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on the company. Barclays reduced their price objective on Vestis from $10.00 to $5.00 and set an "underweight" rating for the company in a report on Friday, May 9th. JPMorgan Chase & Co. cut their price target on Vestis from $6.00 to $5.50 and set an "underweight" rating for the company in a research note on Thursday, August 7th. Finally, Wall Street Zen upgraded Vestis from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $9.13.

Vestis Stock Performance

Shares of NYSE:VSTS traded up $0.03 during trading on Monday, reaching $4.64. 300,277 shares of the stock were exchanged, compared to its average volume of 2,372,905. Vestis has a 12 month low of $4.32 and a 12 month high of $17.83. The firm has a market cap of $611.08 million, a PE ratio of -20.15 and a beta of 0.96. The stock has a 50-day moving average price of $5.91 and a 200-day moving average price of $8.39. The company has a current ratio of 1.84, a quick ratio of 1.42 and a debt-to-equity ratio of 1.45.

Insider Activity

In related news, Director Keith A. Meister purchased 314,390 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The stock was acquired at an average cost of $6.03 per share, for a total transaction of $1,895,771.70. Following the completion of the purchase, the director owned 18,803,899 shares in the company, valued at approximately $113,387,510.97. This represents a 1.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 800,675 shares of company stock valued at $4,777,432 in the last three months. Insiders own 13.60% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VSTS. Alberta Investment Management Corp raised its position in Vestis by 57.7% during the second quarter. Alberta Investment Management Corp now owns 9,692,000 shares of the company's stock valued at $55,535,000 after purchasing an additional 3,547,000 shares in the last quarter. Millennium Management LLC raised its position in Vestis by 179.4% during the fourth quarter. Millennium Management LLC now owns 3,003,762 shares of the company's stock valued at $45,777,000 after purchasing an additional 1,928,687 shares in the last quarter. Royce & Associates LP raised its position in Vestis by 196.2% during the first quarter. Royce & Associates LP now owns 2,842,936 shares of the company's stock valued at $28,145,000 after purchasing an additional 1,883,106 shares in the last quarter. Jane Street Group LLC raised its position in Vestis by 700.5% during the first quarter. Jane Street Group LLC now owns 1,982,027 shares of the company's stock valued at $19,622,000 after purchasing an additional 1,734,442 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in Vestis during the fourth quarter valued at approximately $25,805,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

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.