William Blair Has Negative Estimate for Vestis Q3 Earnings

Vestis Co. (NYSE:VSTS - Free Report) - Research analysts at William Blair reduced their Q3 2025 earnings per share (EPS) estimates for Vestis in a report released on Wednesday, May 7th. William Blair analyst T. Mulrooney now forecasts that the company will earn $0.05 per share for the quarter, down from their previous estimate of $0.18. The consensus estimate for Vestis' current full-year earnings is $0.70 per share. William Blair also issued estimates for Vestis' Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.05 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.25 EPS.

Several other research analysts also recently commented on the stock. The Goldman Sachs Group lowered their price objective on shares of Vestis from $15.00 to $13.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Robert W. Baird lowered their price target on shares of Vestis from $17.00 to $13.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Finally, Barclays lowered their price target on shares of Vestis from $10.00 to $5.00 and set an "underweight" rating for the company in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $11.75.

Vestis Stock Performance

Shares of NYSE:VSTS traded up $0.08 during trading on Monday, reaching $6.28. 280,123 shares of the stock were exchanged, compared to its average volume of 2,132,916. The company has a current ratio of 1.80, a quick ratio of 1.43 and a debt-to-equity ratio of 1.39. The firm has a market cap of $826.94 million, a PE ratio of 78.57 and a beta of 1.61. The stock has a 50-day moving average price of $8.69 and a 200-day moving average price of $12.66. Vestis has a 12 month low of $5.20 and a 12 month high of $17.83.

Vestis (NYSE:VSTS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.20). Vestis had a return on equity of 7.91% and a net margin of 0.34%. The business had revenue of $665.25 million for the quarter, compared to the consensus estimate of $690.81 million. The company's quarterly revenue was down 5.7% compared to the same quarter last year.

Insider Buying and Selling

In related news, Director Douglas A. Pertz acquired 70,000 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were bought at an average price of $6.17 per share, with a total value of $431,900.00. Following the transaction, the director now directly owns 297,010 shares of the company's stock, valued at $1,832,551.70. This trade represents a 30.84% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO William J. Seward acquired 10,000 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $6.23 per share, with a total value of $62,300.00. Following the purchase, the chief operating officer now owns 130,862 shares in the company, valued at approximately $815,270.26. The trade was a 8.27% increase in their position. The disclosure for this purchase can be found here. 13.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. True Wealth Design LLC purchased a new position in Vestis in the 4th quarter valued at approximately $29,000. Spire Wealth Management purchased a new position in Vestis in the 4th quarter valued at approximately $29,000. Smartleaf Asset Management LLC grew its stake in Vestis by 548.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,510 shares of the company's stock valued at $38,000 after buying an additional 2,123 shares in the last quarter. GAMMA Investing LLC grew its position in Vestis by 17.9% in the fourth quarter. GAMMA Investing LLC now owns 4,670 shares of the company's stock worth $71,000 after acquiring an additional 710 shares in the last quarter. Finally, Copeland Capital Management LLC grew its position in Vestis by 33.0% in the first quarter. Copeland Capital Management LLC now owns 5,428 shares of the company's stock worth $54,000 after acquiring an additional 1,346 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

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.