Vestis (VSTS) to Release Quarterly Earnings on Thursday

Vestis (NYSE:VSTS) is set to post its quarterly earnings results before the market opens on Thursday, November 21st. Analysts expect Vestis to post earnings of $0.13 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Vestis Stock Performance

Vestis stock opened at $13.41 on Wednesday. Vestis has a 52-week low of $8.92 and a 52-week high of $22.37. The company has a fifty day simple moving average of $14.62 and a 200-day simple moving average of $13.22. The company has a quick ratio of 2.02, a current ratio of 2.37 and a debt-to-equity ratio of 1.67.

Wall Street Analysts Forecast Growth

VSTS has been the subject of several analyst reports. The Goldman Sachs Group increased their price target on shares of Vestis from $12.50 to $13.80 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Baird R W lowered shares of Vestis from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Finally, Robert W. Baird lowered shares of 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. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Vestis presently has an average rating of “Hold” and a consensus price target of $16.69.

Vestis Company Profile

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.