William Blair Issues Negative Forecast for Vestis Earnings

Vestis Corporation (NYSE:VSTS - Free Report) - Equities researchers at William Blair dropped their Q4 2025 earnings estimates for Vestis in a note issued to investors on Wednesday, August 6th. William Blair analyst T. Mulrooney now anticipates that the company will earn $0.00 per share for the quarter, down from their previous estimate 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.

Several other equities research analysts have also commented on the stock. Wall Street Zen raised shares of Vestis from a "sell" rating to a "hold" rating in a report on Saturday. JPMorgan Chase & Co. decreased their target price on shares of Vestis from $6.00 to $5.50 and set an "underweight" rating on the stock in a research report on Thursday. Finally, Barclays cut their price target on shares of Vestis from $10.00 to $5.00 and set an "underweight" rating on the stock in a research note on Friday, May 9th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $9.13.

Vestis Price Performance

NYSE:VSTS opened at $4.83 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.84 and a quick ratio of 1.42. The firm has a market cap of $636.13 million, a price-to-earnings ratio of -20.98 and a beta of 0.96. The company has a 50 day moving average price of $6.05 and a 200-day moving average price of $8.61. Vestis has a 1-year low of $4.81 and a 1-year high of $17.83.

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

Insider Transactions at Vestis

In related news, Director Keith A. Meister purchased 314,390 shares of Vestis stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $6.03 per share, with a total value of $1,895,771.70. Following the transaction, the director owned 18,803,899 shares of the company's stock, valued at approximately $113,387,510.97. The trade was a 1.70% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Over the last quarter, insiders bought 800,675 shares of company stock valued at $4,777,432. 13.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Vestis

Several hedge funds and other institutional investors have recently bought and sold shares of VSTS. Gamco Investors INC. ET AL increased its holdings in shares of Vestis by 2.0% in the 4th quarter. Gamco Investors INC. ET AL now owns 45,350 shares of the company's stock valued at $691,000 after acquiring an additional 875 shares during the last quarter. Copeland Capital Management LLC lifted its holdings in shares of Vestis by 33.0% in the first quarter. Copeland Capital Management LLC now owns 5,428 shares of the company's stock valued at $54,000 after buying an additional 1,346 shares during the period. Bank of Montreal Can lifted its holdings in shares of Vestis by 11.1% in the fourth quarter. Bank of Montreal Can now owns 15,315 shares of the company's stock valued at $233,000 after buying an additional 1,534 shares during the period. Landscape Capital Management L.L.C. lifted its holdings in shares of Vestis by 10.5% during the first quarter. Landscape Capital Management L.L.C. now owns 18,447 shares of the company's stock valued at $183,000 after purchasing an additional 1,753 shares during the last quarter. Finally, True Wealth Design LLC purchased a new stake in shares of Vestis during the fourth quarter valued at $29,000. 97.40% of the stock is owned by institutional investors and hedge funds.

About Vestis

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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