Vestis (VSTS) Set to Announce Quarterly Earnings on Thursday

Vestis (NYSE:VSTS) will 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Vestis Trading Down 2.7 %

Shares of NYSE VSTS opened at $13.48 on Tuesday. The stock’s 50-day moving average is $14.64 and its two-hundred day moving average is $13.19. The company has a debt-to-equity ratio of 1.67, a quick ratio of 2.02 and a current ratio of 2.37. Vestis has a 1-year low of $8.92 and a 1-year high of $22.37.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. The Goldman Sachs Group upped their price target on Vestis from $12.50 to $13.80 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Baird R W downgraded Vestis from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Finally, Robert W. Baird downgraded Vestis from an “outperform” rating to a “neutral” rating and set a $13.00 price objective on the stock. in a report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $16.69.

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.