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In the latest session, Vestis Corp (NYSE: VSTS) closed at $12.36 down -3.74% from its previous closing price of $12.84. In other words, the price has decreased by -$3.74 from its previous closing price. On the day, 1.84 million shares were traded.
Ratios:
For a deeper understanding of Vestis Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 87.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.46.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Vestis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 170.95, and their Forward P/E ratio for the next fiscal year is 14.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.81.
Stock Price History:
Over the past 52 weeks, VSTS has reached a high of $19.97, while it has fallen to a 52-week low of $8.92. The 50-Day Moving Average of the stock is -18.05%, while the 200-Day Moving Average is calculated to be -11.59%.
Shares Statistics:
A total of 131.70M shares are outstanding, with a floating share count of 130.29M. Insiders hold about 0.94% of the company’s shares, while institutions hold 103.97% stake in the company.
Earnings Estimates
The stock of Vestis Corp (VSTS) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.2, with high estimates of $0.25 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.75 and $0.63 for the fiscal current year, implying an average EPS of $0.7. EPS for the following year is $0.86, with 9.0 analysts recommending between $0.96 and $0.72.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $690.9M this quarter.It ranges from a high estimate of $694M to a low estimate of $686.49M. As of the current estimate, Vestis Corp’s year-ago sales were $705.37MFor the next quarter, 5 analysts are estimating revenue of $710.18M. There is a high estimate of $712.16M for the next quarter, whereas the lowest estimate is $708.7M.
A total of 8 analysts have provided revenue estimates for VSTS’s current fiscal year. The highest revenue estimate was $2.86B, while the lowest revenue estimate was $2.79B, resulting in an average revenue estimate of $2.83B. In the same quarter a year ago, actual revenue was $2.81BBased on 9 analysts’ estimates, the company’s revenue will be $2.9B in the next fiscal year. The high estimate is $2.95B and the low estimate is $2.88B.
