William Blair Has Bearish Forecast for Vestis Q1 Earnings

Vestis Co. (NYSE:VSTS) – Analysts at William Blair dropped their Q1 2025 earnings per share (EPS) estimates for shares of Vestis in a research note issued to investors on Friday, November 22nd. William Blair analyst T. Mulrooney now expects that the company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.18. The consensus estimate for Vestis’ current full-year earnings is $0.68 per share. William Blair also issued estimates for Vestis’ Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.19 EPS and FY2025 earnings at $0.64 EPS.

A number of other research firms have also issued reports on VSTS. The Goldman Sachs Group increased their target price on shares of Vestis from $13.60 to $15.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. Barclays lifted their target price on Vestis from $10.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, November 22nd. JPMorgan Chase & Co. upped their price target on Vestis from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday, November 22nd. Robert W. Baird cut Vestis from an “outperform” rating to a “neutral” rating and set a $13.00 price objective for the company. in a research note on Thursday, August 8th. Finally, Baird R W lowered shares of Vestis from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Vestis presently has a consensus rating of “Hold” and a consensus target price of $17.43.

Vestis Trading Up 0.1 %

NYSE VSTS opened at $16.33 on Monday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.36 and a current ratio of 1.73. The firm has a market cap of $2.15 billion and a price-to-earnings ratio of 102.06. The firm has a 50 day simple moving average of $14.65 and a 200-day simple moving average of $13.41. Vestis has a one year low of $8.92 and a one year high of $22.37.

Vestis Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be issued a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Friday, December 13th. Vestis’s payout ratio is currently 87.50%.

Institutional Investors Weigh In On Vestis

Several large investors have recently modified their holdings of the company. AQR Capital Management LLC raised its position in Vestis by 223.0% in the 2nd quarter. AQR Capital Management LLC now owns 3,753,889 shares of the company’s stock valued at $45,197,000 after purchasing an additional 2,591,593 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Vestis by 111.0% in the third quarter. Jacobs Levy Equity Management Inc. now owns 2,631,652 shares of the company’s stock valued at $39,212,000 after purchasing an additional 1,384,413 shares during the period. TOMS Capital Investment Management LP raised its holdings in shares of Vestis by 22.7% in the third quarter. TOMS Capital Investment Management LP now owns 2,330,155 shares of the company’s stock valued at $34,719,000 after buying an additional 430,555 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Vestis by 9.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,156,811 shares of the company’s stock worth $32,136,000 after buying an additional 192,525 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Vestis by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,541,710 shares of the company’s stock worth $18,854,000 after buying an additional 8,997 shares during the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

About Vestis

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.