Vestis Corporation (NYSE:VSTS) Receives Consensus Recommendation of “Reduce” from Brokerages

Vestis Corporation (NYSE:VSTS) has earned a consensus rating of “Reduce” from the seven brokerages that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $9.50.

Several research firms recently weighed in on VSTS. The Goldman Sachs Group restated a “sell” rating and issued a $7.50 target price on shares of Vestis in a report on Wednesday. Stifel Nicolaus lifted their price target on shares of Vestis from $8.50 to $11.00 and gave the company a “hold” rating in a research report on Wednesday. William Blair upgraded shares of Vestis from a “market perform” rating to an “outperform” rating in a research note on Tuesday. Barclays raised their target price on shares of Vestis from $6.00 to $9.00 and gave the company an “underweight” rating in a research note on Friday. Finally, Robert W. Baird lifted their target price on shares of Vestis from $10.00 to $14.00 and gave the stock a “neutral” rating in a report on Wednesday.

Hedge Funds Weigh In On Vestis

A number of institutional investors have recently made changes to their positions in the business. State of Wyoming boosted its stake in 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 during the period. Captrust Financial Advisors lifted its holdings in shares of Vestis by 15.6% during the second 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 last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Vestis by 147.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,175 shares of the company’s stock worth $35,000 after buying an additional 3,082 shares during the last quarter. Farther Finance Advisors LLC boosted its position 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 acquiring an additional 3,312 shares during the period. Finally, Mariner LLC boosted its position in shares of Vestis by 3.2% in the third quarter. Mariner LLC now owns 123,981 shares of the company’s stock valued at $562,000 after acquiring an additional 3,798 shares during the period. 97.40% of the stock is currently owned by institutional investors.

Vestis Price Performance

NYSE VSTS opened at $12.21 on Friday. Vestis has a fifty-two week low of $3.98 and a fifty-two week high of $12.60. The stock’s 50-day moving average is $8.78 and its two-hundred day moving average is $7.40. The firm has a market cap of $1.61 billion, a P/E ratio of -87.17 and a beta of 0.85. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.13 and a quick ratio of 1.74.

Vestis (NYSE:VSTS) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.07. The company had revenue of $659.44 million during the quarter, compared to the consensus estimate of $655.32 million. Vestis had a positive return on equity of 5.27% and a negative net margin of 0.63%.The firm’s revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.05) EPS. On average, analysts anticipate that Vestis will post 0.5 earnings per share for the current fiscal year.

Key Headlines Impacting Vestis

Here are the key news stories impacting Vestis this week:

• Positive Sentiment: Vestis reported modest profitability in its latest quarter, with earnings and revenue both coming in ahead of expectations, which helped reassure investors that its turnaround is gaining traction. Vestis (VSTS) Is Up 22.0% After Returning To Modest Profitability On Flat 2026 Revenue Guidance
• Positive Sentiment: The company raised its FY 2026 guidance for adjusted EBITDA to $295 million-$325 million and free cash flow to $120 million-$150 million, signaling improving operating leverage and cash generation. Vestis raises FY 2026 outlook to $295M-$325M adjusted EBITDA and $120M-$150M free cash flow
• Positive Sentiment: Analysts turned more constructive, with William Blair, Stifel, and Robert W. Baird all issuing upbeat views, while Zacks highlighted favorable earnings estimate revisions that could support further upside. William Blair upgrades Vestis (VSTS)
• Positive Sentiment: Recent commentary points to cost discipline, margin recovery, and commercial initiatives as additional catalysts, reinforcing the market’s belief that the company’s earnings trend is improving. VSTS Q1 deep dive: Cost discipline and commercial initiatives drive margin recovery

Vestis Company Profile

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.