Vestis Corporation (NYSE:VSTS) Receives $5.70 Average Price Target from Analysts

Shares of Vestis Corporation (NYSE:VSTS) have received a consensus rating of “Strong Sell” from the five brokerages that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation and one has assigned a hold recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $5.8750.

A number of research firms have commented on VSTS. Robert W. Baird boosted their price objective on Vestis from $5.00 to $6.50 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vestis in a report on Wednesday, January 21st. JPMorgan Chase & Co. increased their price objective on shares of Vestis from $5.50 to $6.00 and gave the stock an “underweight” rating in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group raised their price objective on shares of Vestis from $5.30 to $6.00 and gave the company a “sell” rating in a research report on Wednesday.

Insider Activity at Vestis

In related news, Director Douglas A. Pertz purchased 15,000 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average price of $6.90 per share, with a total value of $103,500.00. Following the completion of the acquisition, the director directly owned 322,010 shares in the company, valued at approximately $2,221,869. This trade represents a 4.89% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Keith A. Meister acquired 209,842 shares of Vestis stock in a transaction on Wednesday, December 17th. The shares were purchased at an average cost of $6.79 per share, for a total transaction of $1,424,827.18. Following the acquisition, the director owned 19,813,963 shares in the company, valued at approximately $134,536,808.77. This represents a 1.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 1,205,810 shares of company stock valued at $8,138,302 over the last three months. 15.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Vestis

Hedge funds have recently added to or reduced their stakes in the company. State of Wyoming lifted its holdings in shares of Vestis by 10.4% during the 4th quarter. State of Wyoming now owns 15,145 shares of the company’s stock valued at $101,000 after purchasing an additional 1,428 shares in the last quarter. Abacus Planning Group Inc. increased its stake in Vestis by 8.9% during the 3rd quarter. Abacus Planning Group Inc. now owns 28,058 shares of the company’s stock worth $127,000 after purchasing an additional 2,294 shares in the last quarter. Captrust Financial Advisors raised its holdings in Vestis by 15.6% during the 2nd quarter. Captrust Financial Advisors now owns 20,599 shares of the company’s stock worth $118,000 after buying an additional 2,787 shares during the period. Nisa Investment Advisors LLC lifted its stake in Vestis by 147.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 5,175 shares of the company’s stock valued at $35,000 after buying an additional 3,082 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Vestis by 176.1% in the fourth quarter. Farther Finance Advisors LLC now owns 5,193 shares of the company’s stock valued at $35,000 after buying an additional 3,312 shares during the period. Institutional investors own 97.40% of the company’s stock.

Trending Headlines about Vestis

Here are the key news stories impacting Vestis this week:

• Positive Sentiment: Q1 adjusted EPS beat consensus ($0.10 vs. $0.06), and the company reported positive adjusted EBITDA and operating cash flow, which investors view as evidence the turnaround is producing early results. Read More.
• Positive Sentiment: Management used the earnings call/press release to reaffirm the fiscal‑2026 outlook and highlighted operating metrics (Adjusted EBITDA $70.4M, cash flow from operations $37.7M) that support the case for stabilization. Read More.
• Positive Sentiment: Management outlined “early turnaround” steps on the call (operational focus and cost discipline) that analysts flagged as constructive for medium‑term margin recovery. Read More.
• Neutral Sentiment: Full earnings call transcript and slide deck are available for detailed review; investors can parse cadence and guidance nuance from management remarks. Read More.
• Negative Sentiment: Revenue of $663.4M missed consensus marginally and was down ~3% year‑over‑year, and GAAP showed a small net loss (‑$6.4M), highlighting demand pressure and keeping near‑term margin recovery uncertain. Read More.
• Negative Sentiment: An analyst/broker note set a $5.70 target, which is below recent trading levels and could cap upside unless guidance or execution materially improves. Read More.

Vestis Stock Performance

NYSE VSTS opened at $8.70 on Thursday. Vestis has a 1-year low of $3.98 and a 1-year high of $13.85. The company has a 50 day moving average of $6.89 and a 200-day moving average of $5.69. The company has a current ratio of 2.17, a quick ratio of 1.64 and a debt-to-equity ratio of 1.48. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of -23.50 and a beta of 0.73.

Vestis (NYSE:VSTS) last announced its earnings results on Tuesday, February 10th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04. The business had revenue of $663.39 million for the quarter, compared to the consensus estimate of $665.77 million. Vestis had a positive return on equity of 2.08% and a negative net margin of 1.75%.Vestis’s revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 EPS. On average, equities analysts forecast that Vestis will post 0.7 earnings per share for the current fiscal year.

About Vestis

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.