In last trading session, Vestis Corp (NYSE:VSTS) saw 1.76 million shares changing hands with its beta currently measuring 1.26. Company’s recent per share price level of $6.20 trading at $0.1 or 1.64% at ring of the bell on the day assigns it a market valuation of $817.05M. That closing price of VSTS’s stock is at a discount of -187.58% from its 52-week high price of $17.83 and is indicating a premium of 16.13% from its 52-week low price of $5.20.
Vestis Corp (NYSE:VSTS) trade information
Upright in the green during last session for gaining 1.64%, in the last five days VSTS remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $6.20 price level, adding 12.43% to its value on the day. Vestis Corp’s shares saw a change of -59.32% in year-to-date performance and have moved -1.12% in past 5-day. Vestis Corp (NYSE:VSTS) showed a performance of -20.10% in past 30-days.
Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a rise of 52.31% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 13.4. It follows that stock’s current price would drop -109.68% in reaching the projected high whereas dropping to the targeted low would mean a loss of -109.68% for stock’s current value.
Vestis Corp (VSTS) estimates and forecasts
This year revenue growth is estimated to fall -3.09% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 673.65M for the same. And 5 analysts are in estimates of company making revenue of 698.79M in the next quarter. Company posted 698.25M and 684.28M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -34.27% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -62.26% while estimates for its earnings growth in next 5 years are of -1.40%.
Vestis Corp (NYSE:VSTS)’s Major holders
CORVEX MANAGEMENT LP is the top institutional holder at VSTS for having 17.01 million shares of worth $208.01 million. And as of 2024-06-30, it was holding 12.9295 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 15.43 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.732 of outstanding shares, having a total worth of $188.74 million.
On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF and iShares Trust-iShares Core S&P Small-Cap ETF are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025, the former fund manager was holding 7.71 shares of worth $47.79 million or 5.85% of the total outstanding shares. The later fund manager was in possession of 7.09 shares on Mar 31, 2025, making its stake of worth around $43.94 million in the company or a holder of 5.38% of company’s stock.
