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Vestis Corporation (VSTS)
NYSE:VSTS
RESEARCH TOOLSreports
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VSTS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$8.92 - $22.37
Previous CloseN/A
Volume339.74K
Average Volume (3M)2.19M
Market Cap
$2.17B
Enterprise Value$3.34B
Total Cash (Recent Filing)$23.74M
Total Debt (Recent Filing)$140.80M
Price to Earnings (P/E)103.4
Beta0.88
Next Earnings
Jan 31, 2025EPS Estimate
0.12Last Dividend Ex-Date
Dec 13, 2024Dividend Yield0.85%
Share Statistics
EPS (TTM)0.16
Shares Outstanding131,644,840
10 Day Avg. Volume1,312,756
30 Day Avg. Volume2,193,879
Standard Deviation0.15
R-Squared0.15
Alpha-0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.77
Price to Cash Flow (P/CF)1.80
P/FCF Ratio1.20
Enterprise Value/Market Cap1.54
Enterprise Value/Revenue1.60
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda15.03
Forecast
1Y Price Target
$15.00Price Target Upside-7.46% Downside
Rating ConsensusHold
Number of Analyst Covering4
Vestis Corporation News
PremiumCompany Announcements
Vestis Corporation: Fiscal 2024 Results and 2025 Outlook
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEfficiency improvements are driving better margins despite the deleveraging impact.
Market PositionVestis is a leading provider of uniform rental and workplace supplies, with no anti-trust concerns and a window without competitive bids.
Strategic OpportunitiesManagement's decision to retain advisors to explore a potential sale reengages takeout speculation.
Bears Say
Organic GrowthOrganic revenue growth was -4.3%, down from -1.4% last quarter, and missed expectations by -1.4%.
Revenue PerformanceRevenues fell short and pricing/customer loss headwinds will continue through F1H25.
Shareholder SentimentShareholder response appeared unconvinced, and is a key negative for a transaction to consummate.
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Ownership Overview
26.69% Insiders
22.19% Mutual Funds
0.24% Other Institutional Investors
18.16% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VSTS FAQ
What was Vestis Corporation’s price range in the past 12 months?
Vestis Corporation lowest stock price was $8.92 and its highest was $22.37 in the past 12 months.
What is Vestis Corporation’s market cap?
Vestis Corporation’s market cap is $2.17B.
When is Vestis Corporation’s upcoming earnings report date?
Vestis Corporation’s upcoming earnings report date is Jan 31, 2025 which is in 12 days.
How were Vestis Corporation’s earnings last quarter?
Vestis Corporation released its earnings results on Nov 21, 2024. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.133 by -$0.023.
Is Vestis Corporation overvalued?
According to Wall Street analysts Vestis Corporation’s price is currently Overvalued.
Does Vestis Corporation pay dividends?
Vestis Corporation pays a Annually dividend of $0.14 which represents an annual dividend yield of 0.85%. See more information on Vestis Corporation dividends here
What is Vestis Corporation’s EPS estimate?
Vestis Corporation’s EPS estimate is 0.12.
How many shares outstanding does Vestis Corporation have?
Vestis Corporation has 131,644,840 shares outstanding.
What happened to Vestis Corporation’s price movement after its last earnings report?
Vestis Corporation reported an EPS of $0.11 in its last earnings report, missing expectations of $0.133. Following the earnings report the stock price went up 17.395%.
Which hedge fund is a major shareholder of Vestis Corporation?
Currently, no hedge funds are holding shares in VSTS
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Vestis Corporation Stock Smart Score
Unlock Smart Score
1
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5
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8
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10
Analyst Consensus
Hold
Average Price Target:
$15.00 (-7.46% Downside)
$15.00 (-7.46% Downside)
Blogger Sentiment
Neutral
VSTS Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 765.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.2%
Last 30 Days ▲ 11.2%
Last 30 Days ▲ 11.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-20.91%
12-Months-Change
Fundamentals
Return on Equity
2.36%
Trailing 12-Months
Asset Growth
-5.62%
Trailing 12-Months
Company Description
Vestis Corporation
Aramark Uniform & Career Apparel, LLC provides customized uniform rental and purchase programs in the United States, Canada, Puerto Rico, and Japan. The company's products include uniforms, floor mats, towel service, restroom supplies, equipment, mops, first aid, flame resistant, cleanroom, and healthcare. It serves food service, food processing, automotive, manufacturing, healthcare, and cleanroom industries. The company was founded in 1936 and is based in Burbank, California. Aramark Uniform & Career Apparel, LLC operates as a subsidiary of Aramark.
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VSTS Company Deck
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VSTS Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong adjusted EBITDA performance and significant debt reduction. However, it also acknowledged challenges with revenue decline and high decremental margins on lost business. The company demonstrated successful national account wins and improved retention rates, indicating positive momentum moving forward.Read More>---
VSTS Stock 12 Month Forecast
Average Price Target
$15.00
▼(-7.46% Downside)
Technical Analysis
Best Analysts Covering VSTS
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-19.14%
reiterated a sell rating 2 months ago
Copying Manav Patnaik's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -19.14% per trade.
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