Vestis (NYSE:VSTS - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, November 21st. Analysts expect Vestis to post earnings of $0.13 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
Vestis Price Performance
Shares of NYSE:VSTS traded down $0.21 during trading on Thursday, reaching $14.14. The stock had a trading volume of 1,868,591 shares, compared to its average volume of 2,131,409. The business's 50-day moving average price is $14.68 and its 200 day moving average price is $13.30. Vestis has a 52 week low of $8.92 and a 52 week high of $22.37. The company has a debt-to-equity ratio of 1.67, a quick ratio of 2.02 and a current ratio of 2.37.
Vestis Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 13th were paid a $0.035 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.99%.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Baird R W cut shares of Vestis from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 8th. Robert W. Baird cut shares of Vestis from an "outperform" rating to a "neutral" rating and set a $13.00 price target for the company. in a report on Thursday, August 8th. Finally, The Goldman Sachs Group raised their target price on shares of Vestis from $12.50 to $13.80 and gave the company a "neutral" rating in a research report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $16.69.
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Vestis Company Profile
(
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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.
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