Vestis (NYSE:VSTS) Stock Rating Lowered by Zacks Research

Vestis (NYSE:VSTS) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other analysts have also issued research reports about the company. Stifel Nicolaus increased their price objective on Vestis from $8.50 to $11.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Barclays lifted their target price on shares of Vestis from $6.00 to $9.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. William Blair upgraded shares of Vestis from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Vestis in a research report on Friday. Finally, The Goldman Sachs Group reissued a “sell” rating on shares of Vestis in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $9.50.

Vestis Price Performance

Shares of Vestis stock opened at $13.83 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.69 and a current ratio of 2.13. Vestis has a 52-week low of $3.98 and a 52-week high of $16.90. The company has a fifty day moving average of $14.21 and a 200-day moving average of $10.68. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of -98.79 and a beta of 0.97.

Vestis (NYSE:VSTS) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.08. Vestis had a negative net margin of 0.63% and a positive return on equity of 5.27%. The business had revenue of $661.66 million during the quarter, compared to analyst estimates of $668.94 million. Equities research analysts expect that Vestis will post 0.52 EPS for the current year.

Institutional Investors Weigh In On Vestis

Large investors have recently modified their holdings of the stock. Weiss Asset Management LP bought a new position in Vestis in the first quarter worth $584,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Vestis by 69.1% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,072,081 shares of the company’s stock valued at $8,427,000 after buying an additional 437,965 shares in the last quarter. Militia Capital Management LLC purchased a new stake in shares of Vestis in the 1st quarter worth about $618,000. UBS Group AG grew its holdings in Vestis by 121.2% in the fourth quarter. UBS Group AG now owns 885,984 shares of the company’s stock worth $5,910,000 after purchasing an additional 485,396 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Vestis by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 9,960,651 shares of the company’s stock valued at $66,438,000 after purchasing an additional 346,736 shares in the last quarter. Institutional investors own 97.40% of the company’s stock.

Trending Headlines about Vestis

Here are the key news stories impacting Vestis this week:

• Positive Sentiment: Vestis reported adjusted earnings of $0.18 per share, exceeding analyst estimates of $0.10-$0.11 and rising from $0.05 a year earlier. Vestis Q3 Earnings Surpass Estimates
• Positive Sentiment: The company increased its full-year 2026 outlook, including a higher cash-flow expectation. Full-year revenue guidance of approximately $2.7 billion is broadly in line with analyst forecasts, reducing the risk of a significant sales-target miss. Vestis Reports Third Quarter 2026 Results and Increases Full-Year Outlook
• Positive Sentiment: Vestis generated $80.9 million in adjusted EBITDA and $24.2 million in adjusted net income, supporting the view that cost management and operational improvements are strengthening profitability. Vestis Fiscal Q3 Earnings Snapshot
• Neutral Sentiment: Quarterly revenue was $661.7 million, below the $668.9 million consensus estimate. The modest sales shortfall was offset by the earnings beat and improved outlook, but investors will likely monitor whether revenue growth accelerates.
• Negative Sentiment: Despite positive adjusted profitability, Vestis reported a negative net margin of 0.63%, indicating that bottom-line performance remains pressured and that execution risks have not been eliminated.

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. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries.