In the last trading session, 1.95 million Vestis Corp (NYSE:VSTS) shares changed hands as the company’s beta touched 1.07. With the company’s per share price at $5.91 changed hands at -$0.11 or -1.83% during last session, the market valuation stood at $778.83M. VSTS’s last price was a discount, traded about -201.69% off its 52-week high of $17.83. The share price had its 52-week low at $5.20, which suggests the last value was 12.01% up since then.
Vestis Corp (NYSE:VSTS) trade information
Instantly VSTS was in red as seen at the end of in last trading. With action -7.94%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -61.22%, with the 5-day performance at -7.94% in the red. However, in the 30-day time frame, Vestis Corp (NYSE:VSTS) is -23.84% down.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 54.54% from its current market value. According to analyst projections, VSTS’s forecast low is 13 with 13.4 as the target high. To hit the forecast high, the stock’s price needs a -126.73% plunge from its current level, while the stock would need to soar -119.97% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -34.27%. The 2025 estimates are for Vestis Corp earnings to decrease by -62.26%, but the outlook for the next 5-year period is at -1.40% per year.
VSTS Dividends
Vestis Corp is expected to release its next quarterly earnings report in June. The 2.37% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 2.37% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 11.732% or 15.43 million shares worth $188.74 million as of 2024-06-30.
