Vestis Corporation (VSTS)
NYSE: VSTS · IEX Real-Time Price · USD
11.60
+1.04 (9.80%)
May 9, 2024, 2:39 PM EDT - Market open
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 33.07% from the current stock price of 11.60.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 | 3 | 2 |
| Hold | 1 | 2 | 1 | 1 | 1 | 3 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 7 | 7 | 7 | 7 | 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 | +15.57% | May 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $11 | Hold | Maintains | $20 → $11 | -5.13% | May 6, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $22 → $11 | Buy → Hold | Downgrades | $22 → $11 | -5.13% | May 3, 2024 |
| Barclays | Barclays | Sell Maintains $19 → $10 | Sell | Maintains | $19 → $10 | -13.76% | May 3, 2024 |
| Baird | Baird | Buy Maintains $24 → $13 | Buy | Maintains | $24 → $13 | +12.12% | May 3, 2024 |
Financial Forecast
Revenue This Year
2.99B
from 2.83B
Increased by 5.97%
Revenue Next Year
3.15B
from 2.99B
Increased by 5.18%
EPS This Year
1.07
EPS Next Year
1.37
from 1.07
Increased by 28.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1B | 3.3B | 3.4B | 3.7B | 3.9B |
| Avg | 3.0B | 3.1B | 3.3B | 3.3B | 3.5B |
| Low | 2.9B | 3.0B | 3.2B | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.3% | 8.9% | 9.2% | 9.7% | 16.6% |
| Avg | 6.0% | 5.2% | 5.7% | -0.0% | 6.2% |
| Low | 1.2% | -0.2% | 1.2% | -10.3% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.19 | 1.62 | 2.11 | 2.38 | 2.91 |
| Avg | 1.07 | 1.37 | 1.74 | 2.15 | 2.63 |
| Low | 0.95 | 1.14 | 1.38 | 1.91 | 2.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 51.7% | 54.4% | 37.1% | 35.1% |
| Avg | - | 28.3% | 27.2% | 23.8% | 22.3% |
| Low | - | 7.3% | 1.1% | 9.9% | 8.8% |
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.