Vestis Corp (VSTS)’s stock is trading at $19.19 at the moment marking a fall of -1.64% from the last session close. As of this writing, shares are priced at -14.22% less than their 52-week high of $22.37, and 38.76% over their 52-week low of $13.83. Based on the past 30-day period, the stock price is -14.17% below the high and +2.40% above the low.
VSTS’s price to book ratio for the most recent quarter was 2.79, resulting in an 51.62 price to cash per share for the period.
How does Vestis Corp (VSTS) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 8 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.50 in simple terms.
Vestis Corp (VSTS): Earnings History
If we examine Vestis Corp’s recent earnings history, in the last quarter ended on 12/30/2023, it posted adjusted earnings per share of $0.22, slashing the consensus of $0.22. In other words, it topped the consensus by $0, resulting in a 0.00% surprise. In the 3 months period before the previous quarter which was closed on 12/30/2023, the stock recorded adjusted earnings per share of $0.22 in contrast with the Outlook of $0.22. That was a difference of $0 and a surprise of 0.00%.
Vestis Corp (NYSE: VSTS) Ownership Details
I will give a breakdown of the key shareholders in Vestis Corp (VSTS). Recent figures show that the company’s insiders hold 0.33% of shares. A total of 381 institutional investors hold shares in the company, making 102.82% of its stock and 103.16% of its float.
An overview of Vestis Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Vestis Corp (VSTS) traded 2,035,228 shares per day, with a moving average of $20.03 and price change of -2.63. With the moving average of $20.51 and a price change of +0.11, about 2,062,791 shares changed hands on average over the past 50 days. Finally, VSTS’s 100-day average volume is 1,973,932 shares, alongside a moving average of $18.52 and a price change of +2.96.
