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NYSE:VSTS

Vestis (VSTS) Stock Price, News & Analysis

$12.02
-0.23 (-1.88%)
(As of 06/10/2024 ET)
Today's Range
$11.68
$12.18
50-Day Range
$9.40
$19.65
52-Week Range
$8.92
$22.37
Volume
2.20 million shs
Average Volume
2.33 million shs
Market Capitalization
$1.58 billion
P/E Ratio
N/A
Dividend Yield
1.16%
Price Target
$16.38

Vestis MarketRank™ Stock Analysis

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
36.3% Upside
$16.38 Price Target
Short Interest
Healthy
1.93% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Vestis in the last 14 days
Based on 20 Articles This Week
Insider Trading
Acquiring Shares
$28.50 M Bought Last Quarter
Proj. Earnings Growth
44.07%
From $0.59 to $0.85 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.

4.47 out of 5 stars

Consumer Staples Sector

15th out of 128 stocks

Miscellaneous Nondurable Goods Industry

1st out of 4 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

Brokerages Set Vestis Co. (NYSE:VSTS) Price Target at $16.38
Vestis: Rising Concerns Cast Shadows On Future Prospects
See More Headlines
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Company Calendar

Ex-Dividend for 4/4 Dividend
3/14/2024
Dividend Payable
4/04/2024
Last Earnings
5/02/2024
Today
6/10/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
8/01/2024
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
$16.38
High Stock Price Target
$24.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+36.3%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$2.62 per share
Book Value
$6.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.58 billion
Optionable
Optionable
Beta
N/A
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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?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vestis in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VSTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VSTS, but not buy additional shares or sell existing shares.
View VSTS analyst ratings
or view top-rated stocks.

What is Vestis' stock price target for 2024?

10 Wall Street analysts have issued 12-month target prices for Vestis' stock. Their VSTS share price targets range from $10.00 to $24.00. On average, they anticipate the company's share price to reach $16.38 in the next year. This suggests a possible upside of 36.3% 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 2024. Since then, VSTS shares have decreased by 43.1% and is now trading at $12.02.
View the best growth stocks for 2024 here
.

Are investors shorting Vestis?

Vestis saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,520,000 shares, a decrease of 40.8% from the April 30th total of 4,260,000 shares. Based on an average daily volume of 2,730,000 shares, the short-interest ratio is presently 0.9 days. Approximately 1.9% of the shares of the company 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, August 1st 2024.
View our VSTS earnings forecast
.

How were Vestis' earnings last quarter?

Vestis Co. (NYSE:VSTS) released its earnings results on Thursday, May, 2nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.22 by $0.09. The firm had revenue of $705.37 million for the quarter, compared to analysts' expectations of $722.54 million. The firm's revenue was up .9% on a year-over-year basis.

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

Vestis declared a quarterly dividend on Thursday, May 23rd. Stockholders of record on Friday, June 14th will be given a dividend of $0.035 per share on Tuesday, July 2nd. This represents a $0.14 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Friday, June 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 1.14%.
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 LeaderShares Activist Leaders ETF (ACTV).Invesco S&P Spin-Off ETF (CSD).

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

Vestis updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.9 billion.

Who are Vestis' major shareholders?

Vestis' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.91%), Farallon Capital Management LLC (3.74%), Janus Henderson Group PLC (1.42%), Capital International Investors (1.03%), DAVENPORT & Co LLC (0.86%) and Bayberry Capital Partners LP (0.65%). Insiders that own company stock include Corvex Management Lp, Douglas A Pertz, Grant Shih, James Phillip Holloman, Kim Scott, Ricky T Dillon, Timothy R Donovan, Tracy C Jokinen and Williams Ena Koschel.
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 6/11/2024 by MarketBeat.com Staff

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