Vestis Corp (NYSE: VSTS): Analyst View Points To Future Growth

Vestis Corp (VSTS) concluded trading on Thursday at a closing price of $15.60, with 2.77 million shares of worth about $43.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.57% during that period and on September 19, 2024 the price saw a gain of about 2.70%. Currently the company’s common shares owned by public are about 131.43M shares, out of which, 130.52M shares are available for trading.

Stock saw a price change of 4.84% in past 5 days and over the past one month there was a price change of 15.81%. Over the period of past 52 weeks, stock dropped to lowest price of $8.92 but also hit the highest price of $22.37 during that period. The average intraday trading volume for Vestis Corp shares is 2.01 million. The stock is currently trading 9.04% above its 20-day simple moving average (SMA20), while that difference is up 17.02% for SMA50 and it goes to -3.91% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Vestis Corp (NYSE: VSTS) currently have 131.43M outstanding shares and institutions hold larger chunk of about 96.95% of that.

The stock has a current market capitalization of $2.05B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 17.50, while it has posted earnings per share of $0.89 in the same period. Its PEG reads 1.38 and has Quick Ratio of 1.09 while making debt-to-equity ratio of 1.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VSTS, volatility over the week remained 2.77% while standing at 3.93% over the month.

Stock’s fiscal year EPS is expected to drop by -61.59% while it is estimated to increase by 24.65% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on August 08, 2024 offering a Neutral rating for the stock and assigned a target price of $13 to it. Stock get a Neutral rating from JP Morgan on May 03, 2024.

Most Popular

Related Posts