VSTS stock icon

Vestis
VSTS

$12.56
0.16%

Market Cap: 1.65B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 130 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 49

4% more funds holding

Funds holding: 266 [Q4 2023] → 277 (+11) [Q1 2024]

4% less call options, than puts

Call options by funds: $2.51M | Put options by funds: $2.63M

8% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 93

1.26% less ownership

Funds ownership: 98.06% [Q4 2023] → 96.81% (-1.26%) [Q1 2024]

10% less capital invested

Capital invested by funds: $2.72B [Q4 2023] → $2.45B (-$272M) [Q1 2024]

43% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 4 (-3) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$10
20%
downside
Avg. target
$14.80
18%
upside
High target
$22
75%
upside

8 analyst ratings

positive
13%
neutral
50%
negative
38%
Redburn Atlantic
Oliver Davies
7%upside
$13.4
Neutral
Downgraded
7 May 2024
Goldman Sachs
George Tong
12%downside
$11
Neutral
Maintained
6 May 2024
JP Morgan
Andrew Steinerman
12%downside
$11
Neutral
Downgraded
3 May 2024
Barclays
Manav Patnaik
20%downside
$10
Underweight
Maintained
3 May 2024
Baird
Andrew Wittmann
4%upside
$13
Outperform
Maintained
3 May 2024

Financial journalist opinion

Based on 130 articles about VSTS published over the past 30 days