NYSE:VSTS

Vestis (VSTS) Stock Price, News & Analysis

$18.90
+0.09 (+0.48%)
(As of 04/26/2024 ET)
Today's Range
$18.73
$18.94
50-Day Range
$17.75
$20.03
52-Week Range
$13.83
$22.37
Volume
821,684 shs
Average Volume
1.28 million shs
Market Capitalization
$2.48 billion
P/E Ratio
N/A
Dividend Yield
0.74%
Price Target
$22.56

Vestis MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
19.3% Upside
$22.56 Price Target
Short Interest
Healthy
3.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.99mentions of Vestis in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$287,100 Bought Last Quarter
Proj. Earnings Growth
30.10%
From $1.03 to $1.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Consumer Staples Sector

81st out of 135 stocks

Miscellaneous Nondurable Goods Industry

3rd out of 5 stocks

VSTS stock logo

About Vestis Stock (NYSE:VSTS)

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. Vestis Corporation was founded in 1936 and is headquartered in Roswell, Georgia.

VSTS Stock Price History

VSTS Stock News Headlines

Vestis (VSTS) to Release Earnings on Thursday
Analysts Set Vestis Co. (NYSE:VSTS) Price Target at $22.56
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Vestis Corporation (VSTS)
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Guru Fundamental Report for VSTS
Vestis Corp.
Analyst Expectations For Vestis's Future
Barclays Downgrades Vestis (VSTS)
Vestis Announces Completion of Refinancing Transaction
Vestis Announces Quarterly Cash Dividend
Vestis Announces Quarterly Cash Dividend
VSTS Feb 2024 22.500 put
Vestis Reports First Quarter 2024 Results
Albuquerque Vestis shop votes to unionize
Analyst Ratings For Vestis
See More Headlines
Receive VSTS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Vestis and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 4/4 Dividend
3/14/2024
Dividend Payable
4/04/2024
Today
4/27/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous nondurable goods
Sub-Industry
N/A
Fax
N/A
Employees
10,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.56
High Stock Price Target
$29.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+19.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$2.69 per share
Book Value
$6.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.48 billion
Optionable
Optionable
Beta
N/A
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Ms. Kimberly T. Scott (Age 51)
    President, CEO & Director
    Comp: $1.43M
  • Mr. Ricky T. Dillon (Age 53)
    Executive VP & CFO
    Comp: $1.26M
  • Mr. Grant Shih (Age 47)
    Executive VP & CTO
    Comp: $588.17k
  • Mr. Timothy R. Donovan (Age 68)
    Executive VP, Chief Legal Officer & General Counsel
    Comp: $805.11k
  • Ms. Angela Kervin (Age 49)
    Executive VP & Chief Human Resources Officer
    Comp: $611.89k

VSTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Vestis stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vestis in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VSTS shares.
View VSTS analyst ratings
or view top-rated stocks.

What is Vestis' stock price target for 2024?

9 Wall Street research analysts have issued twelve-month price objectives for Vestis' stock. Their VSTS share price targets range from $19.00 to $29.00. On average, they anticipate the company's stock price to reach $22.56 in the next year. This suggests a possible upside of 19.3% from the stock's current price.
View analysts price targets for VSTS
or view top-rated stocks among Wall Street analysts.

How have VSTS shares performed in 2024?

Vestis' stock was trading at $21.14 at the beginning of the year. Since then, VSTS stock has decreased by 10.6% and is now trading at $18.90.
View the best growth stocks for 2024 here
.

Are investors shorting Vestis?

Vestis saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,950,000 shares, an increase of 33.4% from the February 29th total of 2,960,000 shares. Based on an average daily volume of 1,590,000 shares, the short-interest ratio is presently 2.5 days. Currently, 3.0% of the company's stock are sold short.
View Vestis' Short Interest
.

When is Vestis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our VSTS earnings forecast
.

How can I listen to Vestis' earnings call?

Vestis will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Vestis' earnings last quarter?

Vestis Co. (NYSE:VSTS) released its quarterly earnings results on Wednesday, February, 7th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.01. The company earned $717.90 million during the quarter, compared to the consensus estimate of $724.72 million. The company's quarterly revenue was up 2.5% on a year-over-year basis.

How often does Vestis pay dividends? What is the dividend yield for Vestis?

Vestis announced a quarterly dividend on Tuesday, February 20th. Shareholders of record on Friday, March 15th will be given a dividend of $0.035 per share on Thursday, April 4th. This represents a $0.14 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for VSTS
.

Is Vestis a good dividend stock?

Vestis (NYSE:VSTS) pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.74%.
Read our dividend analysis for VSTS.

What ETFs hold Vestis' stock?

ETFs with the largest weight of Vestis (NYSE:VSTS) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD).Invesco S&P SmallCap Industrials ETF (PSCI).

What guidance has Vestis issued on next quarter's earnings?

Vestis issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion.

Who are Vestis' major shareholders?

Vestis' stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.08%), Yousif Capital Management LLC (0.05%), Assenagon Asset Management S.A. (0.03%), Oak Thistle LLC (0.01%), CWM LLC (0.00%) and S.A. Mason LLC (0.00%). Insiders that own company stock include Douglas A Pertz and Kim Scott.
View institutional ownership trends
.

How do I buy shares of Vestis?

Shares of VSTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VSTS) was last updated on 4/27/2024 by MarketBeat.com Staff

From Our Partners