Currently, Vestis Corp [VSTS] is trading at $6.10, down -4.98%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VSTS shares have gain 12.13% over the last week, with a monthly amount drifted -23.56%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Vestis Corp [NYSE: VSTS] stock has seen the most recent analyst activity on August 08, 2024, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $13 for it. On May 07, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $13.40 on the stock. Stifel downgraded its rating to a Hold. JP Morgan downgraded its rating to a Neutral and reduced its price target to $11 on May 03, 2024. Barclays downgraded its rating to Underweight for this stock on February 28, 2024, and upped its price target to $19. In a note dated January 25, 2024, Goldman initiated an Neutral rating and provided a target price of $22 on this stock.
This stock has fluctuated between a low of $5.20 and a high of $17.83 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $13.13 within the next 12 months. Vestis Corp [NYSE: VSTS] shares were valued at $6.10 at the most recent close of the market. An investor can expect a potential return of 115.25% based on the average VSTS price forecast.
Analyzing the VSTS fundamentals
Trailing Twelve Months sales for Vestis Corp [NYSE:VSTS] were 2.73B which represents -5.69% decline. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.99 points at the first support level, and at 5.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.28, and for the 2nd resistance point, it is at 6.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Vestis Corp [NYSE:VSTS] is 1.87. Also, the Quick Ratio is 0.51, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 0.92.
Transactions by insiders
Recent insider trading involved Meister Keith A., Director, that happened on May 08 ’25 when 0.86 million shares were purchased. Director, Meister Keith A. completed a deal on May 09 ’25 to buy 0.14 million shares. Meanwhile, Director Goetz William bought 7500.0 shares on May 09 ’25.
