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Vestis Corp (NYSE: VSTS) closed the day trading at $11.05 down -4.66% from the previous closing price of $11.59. In other words, the price has decreased by -$4.66 from its previous closing price. On the day, 1.82 million shares were traded.
Ratios:
For a better understanding of VSTS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.19. 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:
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:
As of this moment, Vestis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 152.84, and their Forward P/E ratio for the next fiscal year is 12.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.62.
Stock Price History:
Over the past 52 weeks, VSTS has reached a high of $19.76, while it has fallen to a 52-week low of $8.92. The 50-Day Moving Average of the stock is -24.90%, while the 200-Day Moving Average is calculated to be -20.92%.
Shares Statistics:
A total of 131.70M shares are outstanding, with a floating share count of 130.51M. Insiders hold about 0.94% of the company’s shares, while institutions hold 104.15% stake in the company.
