Analyst Expectations For Vestis's Future

In the preceding three months, 4 analysts have released ratings for Vestis VSTS, presenting a wide array of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $21.0, a high estimate of $24.00, and a low estimate of $19.00. Surpassing the previous average price target of $17.00, the current average has increased by 23.53%.

Interpreting Analyst Ratings: A Closer Look

In examining recent analyst actions, we gain insights into how financial experts perceive Vestis. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Vestis. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Vestis compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Vestis's stock. This examination reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Vestis's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Vestis analyst ratings.

All You Need to Know About Vestis

Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.

Financial Milestones: Vestis's Journey

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Vestis showcased positive performance, achieving a revenue growth rate of 2.46% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Vestis's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 1.71%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Vestis's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.38%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Vestis's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.39%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Vestis's debt-to-equity ratio surpasses industry norms, standing at 1.86. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.