VestisVSTS
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: 10,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $34.6M | Put options by funds: $12.5M
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 85
1.73% less ownership
Funds ownership: 98.22% [Q1] → 96.5% (-1.73%) [Q2]
6% less funds holding
Funds holding: 280 [Q1] → 262 (-18) [Q2]
25% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 71
37% less capital invested
Capital invested by funds: $2.49B [Q1] → $1.56B (-$926M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Goldman Sachs George Tong 62% 1-year accuracy 8 / 13 met price target | 6%downside $13.80 | Neutral Maintained | 20 Aug 2024 |
Goldman Sachs George Tong 62% 1-year accuracy 8 / 13 met price target | 15%downside $12.50 | Neutral Maintained | 8 Aug 2024 |
Baird Andrew Wittmann 74% 1-year accuracy 14 / 19 met price target | 12%downside $13 | Neutral Downgraded | 8 Aug 2024 |