In Friday’s Wall Street session, Vestis Corp (NYSE:VSTS) shares traded at $6.11, down -0.81% from the previous session.
VSTS stock price is now -9.45% away from the 50-day moving average and -49.44% away from the 200-day moving average. The market capitalization of the company currently stands at $805.19M.
With the price target maintained at $13, Robert W. Baird recently Downgraded its rating from Outperform to Neutral for Vestis Corp (NYSE: VSTS). , while ‘Redburn Atlantic’ rates the stock as ‘Neutral’
In other news, Meister Keith A., Director bought 377,277 shares of the company’s stock on May 23 ’25. The stock was bought for $2,222,162 at an average price of $5.89. Upon completion of the transaction, the Director now directly owns 18,380,501 shares in the company, valued at $112.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 28 ’25, Director Meister Keith A. bought 314,390 shares of the business’s stock. A total of $1,895,772 was incurred on buying the stock at an average price of $6.03. This leaves the insider owning 18,803,899 shares of the company worth $114.89 million. A total of 1.45% of the company’s stock is owned by insiders.
During the past 12 months, Vestis Corp has had a low of $5.20 and a high of $17.83. As of last week, the company has a debt-to-equity ratio of 1.60, a current ratio of 1.87, and a quick ratio of 0.51. The fifty day moving average price for VSTS is $6.7478 and a two-hundred day moving average price translates $12.08415 for the stock.
The latest earnings results from Vestis Corp (NYSE: VSTS) was released for 2025-03-28. The net profit margin was -0.89% and return on equity was -2.73% for VSTS. The company reported revenue of $665.25 million for the quarter, compared to $705.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.69 percent. For the current quarter, analysts expect VSTS to generate $673.65M in revenue.
