NYSE:VSTS Vestis (VSTS) Stock Price, News & Analysis → The 2024 Gold Rush: Unleashing Market Potential (From Priority Gold) (Ad) Free VSTS Stock Alerts $10.55 +0.32 (+3.13%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$10.02▼$10.6750-Day Range$9.40▼$19.6552-Week Range$8.92▼$22.37Volume4.01 million shsAverage Volume2.36 million shsMarket Capitalization$1.39 billionP/E RatioN/ADividend Yield1.33%Price Target$16.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Vestis alerts: Email Address Vestis MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside55.2% Upside$16.38 Price TargetShort InterestHealthy3.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.15Based on 53 Articles This WeekInsider TradingAcquiring Shares$24.42 M Bought Last QuarterProj. Earnings Growth30.10%From $1.03 to $1.34 Per ShareSee Full Details Hide Full Details 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.4.42 out of 5 starsConsumer Staples Sector24th out of 136 stocksMiscellaneous Nondurable Goods Industry1st out of 5 stocks 4.2 Analyst's Opinion Consensus RatingVestis has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageVestis has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Vestis' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.11% of the float of Vestis has been sold short.Short Interest Ratio / Days to CoverVestis has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Vestis has recently increased by 8.24%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldVestis pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVestis does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Vestis will have a dividend payout ratio of 10.45% next year. This indicates that Vestis will be able to sustain or increase its dividend.Read more about Vestis' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VSTS. Previous Next 2.9 News and Social Media Coverage News SentimentVestis has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 53 news articles for Vestis this week, compared to 4 articles on an average week.Search Interest10 people have searched for VSTS on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows1 people have added Vestis to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vestis insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,417,961.00 in company stock and sold $0.00 in company stock.Percentage Held by Institutions97.40% of the stock of Vestis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Vestis' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Vestis are expected to grow by 30.10% in the coming year, from $1.03 to $1.34 per share.Price to Book Value per Share RatioVestis has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Vestis' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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.Read More VSTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VSTS Stock News HeadlinesMay 9, 2024 | insidertrades.comInsider Buying: Vestis Co. (NYSE:VSTS) Major Shareholder Acquires 622,346 Shares of StockMay 7, 2024 | insidertrades.comVestis Co. (NYSE:VSTS) Director James Phillip Holloman Purchases 20,200 SharesMay 9, 2024 | Huge Alerts (Ad)This 1 Biotech Stock has been shocking the marketsSave the Date: BioStem's 2024 Q1 Call Coming Up!May 9, 2024 | investorplace.com3 Spinoff Stocks That Failed to Impress – Is the Model Broken?May 9, 2024 | americanbankingnews.comVestis (NYSE:VSTS) Stock Rating Lowered by Redburn AtlanticMay 8, 2024 | americanbankingnews.comVestis (NYSE:VSTS) PT Lowered to $11.00May 8, 2024 | americanbankingnews.comVestis (NYSE:VSTS) Shares Gap Up on Insider Buying ActivityMay 8, 2024 | msn.comRedburn Atlantic Downgrades Vestis (VSTS)May 9, 2024 | Huge Alerts (Ad)This 1 Biotech Stock has been shocking the marketsSave the Date: BioStem's 2024 Q1 Call Coming Up!May 7, 2024 | theglobeandmail.comVESTIS (VSTS) INVESTIGATION: Kaplan Fox & Kilsheimer LLP Investigates VESTIS and Encourages Investors to Contact the FirmMay 7, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vestis Corporation - VSTSMay 7, 2024 | americanbankingnews.comVestis Co. (NYSE:VSTS) Director James Phillip Holloman Purchases 20,200 Shares of StockMay 7, 2024 | finance.yahoo.comDirector Douglas Pertz Acquires 110,000 Shares of Vestis Corp (VSTS)May 6, 2024 | finance.yahoo.comDirector James Holloman Acquires 20,200 Shares of Vestis Corp (VSTS)May 5, 2024 | finance.yahoo.comVestis Corporation (NYSE:VSTS) Q2 2024 Earnings Call TranscriptMay 5, 2024 | finance.yahoo.comVestis Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowMay 5, 2024 | americanbankingnews.comBarclays Lowers Vestis (NYSE:VSTS) Price Target to $10.00May 5, 2024 | americanbankingnews.comVestis (NYSE:VSTS) Rating Reiterated by Stifel NicolausMay 5, 2024 | americanbankingnews.comJPMorgan Chase & Co. Downgrades Vestis (NYSE:VSTS) to NeutralMay 5, 2024 | americanbankingnews.comVestis (NYSE:VSTS) Sees Large Volume IncreaseMay 5, 2024 | americanbankingnews.comRobert W. Baird Lowers Vestis (NYSE:VSTS) Price Target to $13.00May 4, 2024 | msn.comJP Morgan Downgrades Vestis (VSTS)May 3, 2024 | benzinga.comPeeling Back The Layers: Exploring Vestis Through Analyst InsightsMay 3, 2024 | prnewswire.comVSTS Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Vestis Corporation (NYSE: VSTS) Investors with Losses to Contact the FirmMay 3, 2024 | seekingalpha.comVestis Q1 Results: Uniform And Workplace Player Faces Growing ConcernsMay 3, 2024 | businesswire.comVSTS Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Vestis Corporation (NYSE: VSTS) Investors with Losses to Contact the FirmMay 3, 2024 | finance.yahoo.comVestis Corp (VSTS) Q2 2024 Earnings Call Transcript Highlights: Navigating Challenges and ...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. Email Address Company Calendar Ex-Dividend for 4/4 Dividend3/14/2024Dividend Payable4/04/2024Last Earnings5/02/2024Today5/08/2024Next Earnings (Estimated)8/01/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Miscellaneous nondurable goods Sub-IndustryN/A Current SymbolNYSE:VSTS CUSIPN/A CIK1967649 Webwww.aramarkuniform.com Phone818-973-3700FaxN/AEmployees10,500Year FoundedN/APrice Target and Rating Average Stock Price Target$16.38 High Stock Price Target$24.00 Low Stock Price Target$10.00 Potential Upside/Downside+55.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio1.69 Current Ratio2.51 Quick Ratio2.16 Sales & Book Value Annual Sales$2.83 billion Price / Sales0.49 Cash Flow$3.00 per share Price / Cash Flow3.52 Book Value$6.71 per share Price / Book1.57Miscellaneous Outstanding Shares131,440,000Free FloatN/AMarket Cap$1.39 billion OptionableOptionable BetaN/A 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMs. Kimberly T. Scott (Age 51)President, CEO & Director Comp: $1.43MMr. Ricky T. Dillon (Age 53)Executive VP & CFO Comp: $1.26MMr. Grant Shih (Age 47)Executive VP & CTO Comp: $588.17kMr. Timothy R. Donovan (Age 68)Executive VP, Chief Legal Officer & General Counsel Comp: $805.11kMs. Angela Kervin (Age 49)Executive VP & Chief Human Resources Officer Comp: $611.89kKey CompetitorsUniversalNYSE:UVVVital FarmsNASDAQ:VITLFresh Del Monte ProduceNYSE:FDPAdecoagroNYSE:AGROJohn B. Sanfilippo & SonNASDAQ:JBSSView All CompetitorsInsiders & InstitutionsPrivate Management Group Inc.Sold 4,398 shares on 5/9/2024Ownership: 0.482%Corvex Management LpBought 622,346 shares on 5/8/2024Total: $6.49 M ($10.43/share)Russell Investments Group Ltd.Sold 21,487 shares on 5/8/2024Ownership: 0.095%Everence Capital Management Inc.Bought 12,090 shares on 5/8/2024Ownership: 0.009%Swiss National BankSold 11,100 shares on 5/7/2024Ownership: 0.188%View All Insider TransactionsView All Institutional Transactions VSTS Stock Analysis - Frequently Asked Questions Should I buy or sell Vestis stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vestis in the last twelve months. There are currently 1 sell rating, 4 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? 9 analysts have issued 12-month target prices for Vestis' shares. Their VSTS share price targets range from $10.00 to $24.00. On average, they predict the company's stock price to reach $16.38 in the next twelve months. This suggests a possible upside of 55.2% 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 shares have decreased by 50.1% and is now trading at $10.55. View the best growth stocks for 2024 here. 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) posted 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 business earned $705.37 million during the quarter, compared to the consensus estimate of $722.54 million. The business's revenue for the quarter was up .9% compared to the same quarter last year. How often does Vestis pay dividends? What is the dividend yield for Vestis? Vestis declared a quarterly dividend on Tuesday, February 20th. Stockholders 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 yield of 1.33%. The ex-dividend date 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 1.49%. 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 updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS 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 DAVENPORT & Co LLC (0.86%), Principal Financial Group Inc. (0.52%), Private Management Group Inc. (0.48%), Swiss National Bank (0.19%), Nordea Investment Management AB (0.14%) and Russell Investments Group Ltd. (0.09%). Insiders that own company stock include Corvex Management Lp, Douglas A Pertz, James Phillip Holloman 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 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThis 1 Biotech Stock has been shocking the marketsHuge AlertsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Nvidia WarningAltimetry348 million Americans lives to END as we know it?The Oxford ClubThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Vestis Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
