Vestis (VSTS)

• Market cap: $809M
• 1 day: -1.29%
• 5 days: 1.15%
• 1 month: -0.49%
• 3 months: -21.98%
• 6 months: -61.70%
• Year to date: -59.87%
• 1 year: -50.20%
• 5 years: -68.10%
• 10 years: -68.10%
• Sector: Industrials
• Industry: Rental & Leasing Services

About: Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.

Employees: 19,600

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

5% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 97

2.03% less ownership

Funds ownership: 103.92% [Q4 2024] → 101.89% (-2.03%) [Q1 2025]

5% less funds holding

Funds holding: 297 [Q4 2024] → 283 (-14) [Q1 2025]

18% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 51

30% less call options, than puts

Call options by funds: $3.86M | Put options by funds: $5.48M

33% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 4 (-2) [Q1 2025]

36% less capital invested

Capital invested by funds: $2.09B [Q4 2024] → $1.33B (-$756M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $5 19% downside
• Avg. target: $5 19% downside
• High target: $5 19% downside

1 analyst rating

• positive: 0 0%
• neutral: 0 0%
• negative: 1 100%

Barclays Manav Patnaik

19% downside $5

Underweight Maintained

9 May 2025