Balance Sheet Breakdown: Vestis Corp (VSTS)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

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

After finishing at $14.90 in the prior trading day, Vestis Corp (NYSE: VSTS) closed at $14.77, down -0.87%. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 1.49 million shares were traded. VSTS stock price reached its highest trading level at $14.925 during the session, while it also had its lowest trading level at $14.61.

Ratios:

Our goal is to gain a better understanding of VSTS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 1.80 whereas as Long-Term Debt/Eq ratio is at 1.74.

Redburn Atlantic Downgraded its Buy to Neutral on May 07, 2024, while the target price for the stock was maintained at $13.40.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 24 ’24 when Pertz Douglas A bought 54,468 shares for $11.99 per share. The transaction valued at 653,055 led to the insider holds 195,604 shares of the business.

Pertz Douglas A bought 22,442 shares of VSTS for $260,706 on May 28 ’24. The Director now owns 218,046 shares after completing the transaction at $11.62 per share. On May 24 ’24, another insider, Shih Grant, who serves as the EVP and CTO of the company, bought 800 shares for $12.00 each. As a result, the insider paid 9,600 and bolstered with 6,187 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VSTS now has a Market Capitalization of 1941989248 and an Enterprise Value of 3534613760. As of this moment, Vestis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.57, and their Forward P/E ratio for the next fiscal year is 18.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 1.246 whereas that against EBITDA is 10.575.

Stock Price History:

Over the past 52 weeks, VSTS has reached a high of $22.37, while it has fallen to a 52-week low of $8.92. The 50-Day Moving Average of the stock is 6.91%, while the 200-Day Moving Average is calculated to be -8.26%.

Shares Statistics:

The stock has traded on average 2.16M shares per day over the past 3-months and 2739660 shares per day over the last 10 days, according to various share statistics. A total of 131.43M shares are outstanding, with a floating share count of 130.53M. Insiders hold about 0.72% of the company’s shares, while institutions hold 96.97% stake in the company. Shares short for VSTS as of 1726185600 were 5563086 with a Short Ratio of 2.58, compared to 1723680000 on 5173414. Therefore, it implies a Short% of Shares Outstanding of 5563086 and a Short% of Float of 4.75.

Dividends & Splits

In the trailing 12 months, VSTS’s forward annual dividend rate was 0.105, compared to 0.14 this year. Against a Trailing Annual Dividend Yield of 0.00704698

Most Popular