Vestis Corporation (VSTS)

NYSE: VSTS · IEX Real-Time Price · USD
10.16
-8.31 (-44.99%)
At close: May 2, 2024, 4:00 PM
10.31
+0.15 (1.48%)
After-hours: May 2, 2024, 5:12 PM EDT
-44.99%
Market Cap 1.34B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 131.43M
EPS (ttm) 1.63
PE Ratio 6.23
Forward PE 9.03
Dividend $0.14 (1.38%)
Ex-Dividend Date Mar 14, 2024
Volume 27,415,205
Open 12.92
Previous Close 18.47
Day's Range 8.92 - 13.07
52-Week Range 8.92 - 22.37
Beta n/a
Analysts Buy
Price Target 21.43 (+110.93%)
Earnings Date May 2, 2024

About VSTS

Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, hea... [Read more]

Sector Industrials
CEO Ms. Kimberly T. Scott
Employees 20,000
Stock Exchange NYSE
Ticker Symbol VSTS
Full Company Profile

Financial Performance

In 2023, Vestis's revenue was $2.83 billion, an increase of 5.15% compared to the previous year's $2.69 billion. Earnings were $213.16 million, an increase of 50.45%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VSTS stock is "Buy." The 12-month stock price forecast is $21.43, which is an increase of 110.93% from the latest price.

Price Target
$21.43
(110.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vestis Reports Second Quarter 2024 Results and Updates Full-Year Outlook

ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the second quarter ended March 29, 2024 and updated it...

9 hours ago - Business Wire

PartnerCentric Soars With 200% YoY Client Growth, Secures impact.com Diamond Partner Status

NEW YORK--(BUSINESS WIRE)--PartnerCentric, the largest US independent partnership marketing agency, announces a year of achievements, culminating in +200% YoY new clients.

Other symbols: SBOW
23 days ago - Business Wire

Vestis Announces Date for Fiscal Second Quarter 2024 Earnings Results

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal second quarter 2024 earnings results on May 2, 2024, ...

23 days ago - Business Wire

Vestis Announces Completion of Refinancing Transaction

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced the successful refinancing of its $800 million 2-year Term Loan A-1 with an $800 m...

2 months ago - Business Wire

Vestis Announces Quarterly Cash Dividend

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS) today announced that its Board of Directors has approved a quarterly cash dividend of $0.035 per share of common stock. The dividend is payable to shareho...

2 months ago - Business Wire

Vestis Reports First Quarter 2024 Results

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 29, 2023 and reaffirmed its outlo...

3 months ago - Business Wire

Vestis Announces Date for Fiscal First Quarter 2024 Earnings Results

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal first quarter 2024 earnings results on February 7, 20...

4 months ago - Business Wire

How 15 of Our Stock Picks Fared in 2023

Taking stock of our winners, losers and also-rans, including Ferrari, Frontier Communications, and Walt Disney.

4 months ago - Barrons

Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

Other symbols: ALKAWIBLDRCYHEQHFIXHLI
5 months ago - PRNewsWire

Vestis Reports Fourth Quarter and Fiscal Year 2023 Results

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fourth quarter and fiscal year ended September 29, 2023, and i...

5 months ago - Business Wire

This Uniform Maker Is Finally Going Solo. Its Stock Is a Buy.

Vestis was just spun out from Aramark, and now looks poised to compete with industry leader Cintas.

6 months ago - Barrons

Vestis Announces Date for Full-Year Fiscal 2023 Earnings Results and 2024 Guidance

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its full-year fiscal 2023 earnings results on November 29, 2023,...

7 months ago - Business Wire

Vestis Completes Spin-Off from Aramark

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has completed its previously announced, spin-off from Aramark (NYSE: ARMK). Vestis will begin trad...

Other symbols: ARMK
7 months ago - Business Wire

Aramark Completes Spin-Off of Vestis™

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), today announced that it has completed the spin-off of Vestis Corporation (“Vestis”), which holds Aramark's uniform and workplace supplies business....

Other symbols: ARMK
7 months ago - Business Wire

Veralto Set to Join S&P 500; Vestis to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices

Other symbols: ARMKAVDDHRDXCKKSSKLG
7 months ago - PRNewsWire