Vestis Corporation (VSTS)
NYSE: VSTS · IEX Real-Time Price · USD
11.45
-0.20 (-1.72%)
At close: Jul 2, 2024, 4:00 PM
11.44
-0.01 (-0.09%)
After-hours: Jul 2, 2024, 7:26 PM EDT
Vestis Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Vestis stock have an average target of 15.43, with a low estimate of 10 and a high estimate of 24. The average target predicts an increase of 34.76% from the current stock price of 11.45.
Analyst Consensus: Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for Vestis stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy → Hold Downgrades $13 | Strong Buy → Hold | Downgrades | $13 | +17.03% | May 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $11 | Hold | Maintains | $20 → $11 | -3.93% | May 6, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $22 → $11 | Buy → Hold | Downgrades | $22 → $11 | -3.93% | May 3, 2024 |
| Barclays | Barclays | Sell Maintains $19 → $10 | Sell | Maintains | $19 → $10 | -12.66% | May 3, 2024 |
| Baird | Baird | Buy Maintains $24 → $13 | Buy | Maintains | $24 → $13 | +13.54% | May 3, 2024 |
Financial Forecast
Revenue This Year
2.86B
from 2.83B
Increased by 1.37%
Revenue Next Year
2.94B
from 2.86B
Increased by 2.51%
EPS This Year
0.60
EPS Next Year
0.81
from 0.60
Increased by 35.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 3.1B | 3.3B | 3.3B | 3.4B |
| Avg | 2.9B | 2.9B | 3.0B | 3.2B | 3.3B |
| Low | 2.7B | 2.8B | 2.8B | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.7% | 7.8% | 10.7% | 8.4% | 9.2% |
| Avg | 1.4% | 2.5% | 3.8% | 3.5% | 4.9% |
| Low | -3.0% | -3.6% | -3.1% | -2.0% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.67 | 1.02 | 1.40 | 1.26 | 1.56 |
| Avg | 0.60 | 0.81 | 1.04 | 1.21 | 1.51 |
| Low | 0.53 | 0.66 | 0.87 | 1.15 | 1.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 69.6% | 71.4% | 21.6% | 29.4% |
| Avg | - | 35.7% | 27.2% | 16.6% | 24.9% |
| Low | - | 9.4% | 7.1% | 10.6% | 19.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.