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The latest update is out from Vestis Corporation ( (VSTS) ).
On May 5, 2025, Vestis Corporation announced the appointment of Jim Barber as President and CEO, effective June 2, 2025. Barber, who retired from UPS in 2020 after a 35-year career, will also join the company’s Board of Directors. His compensation package includes a base salary of $950,000, a target annual bonus of 125% of his salary, and equity awards under the company’s Long-Term Incentive Plan. The agreement outlines various terms for termination and benefits, including specific conditions related to a Change of Control.
Spark’s Take on VSTS Stock
According to Spark, TipRanks’ AI Analyst, VSTS is a Neutral.
Vestis Corporation’s overall stock score reflects a combination of steady operational performance and robust cash flow management, offset by increased leverage and low profitability margins. Technical indicators suggest bearish trends, while valuation metrics point to overvaluation with negative earnings. The earnings call offers a balanced view with both positive developments and notable challenges.
To see Spark’s full report on VSTS stock, click here.
More about Vestis Corporation
Average Trading Volume: 2,544,438
Technical Sentiment Signal: Sell
Current Market Cap: $716.7M
See more data about VSTS stock on TipRanks’ Stock Analysis page.