Down -16.96% in 4 Weeks, Here's Why Vestis (VSTS) Looks Ripe for a Turnaround
Vestis (VSTS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Vestis: I Like The Improvements, But More Needs To Be Shown
Vestis Corp. shows improvements but still faces challenges; hold rating maintained until positive organic revenue growth and margin expansion are demonstrated. VSTS 1Q25 earnings report: revenue down 4.8% y/y, adj. EBITDA in line with consensus, adj. EPS beat expectations, management reiterates FY25 guidance. Positive signs: improved customer retention, new sales volume growth, national account wins, and effective pricing actions expected to drive momentum in 2H25.
Vestis Corporation (VSTS) Q1 2025 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS ) Q1 2025 Results Conference Call January 31, 2025 8:30 AM ET Company Participants Michael Aurelio - IR Kim Scott - President and CEO Rick Dillon - EVP and CFO Conference Call Participants Andrew Wittmann - Robert W. Baird Andrew Steinerman - J.P.
Vestis (VSTS) Tops Q1 Earnings Estimates
Vestis (VSTS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago.
3 Stocks That Wall Street Insiders Can't Stop Buying
Insider activity is hot in names like Vestis NYSE: VSTS, OPKO Health NASDAQ: OPK, and Greif, Inc. NYSE: GEF, and investors should take notice. From board members to CEOs, CFOs, and other corporate officers, insiders are buying these stocks en masse, signaling a higher-than-average conviction in the share price outlook.
Vestis (VSTS) Soars 5.1%: Is Further Upside Left in the Stock?
Vestis (VSTS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Exclusive: Uniform maker Vestis fields takeover interest from buyout firms, sources say
Advent International and Apollo Global Management are among the buyout firms exploring a potential acquisition of uniform supplier Vestis , according to people familiar with the matter.
Vestis Corp: Waiting For More Signs Of Successful Turnaround
I maintain a hold rating for Vestis Corp (VSTS) due to the need for more evidence of successful strategy implementation and operating metrics improvement. 4Q24 earnings were disappointing, with a 4.4% y/y revenue decline, high decremental margins, and a sharp drop in adj EPS from $0.57 to $0.11. Positive signs include improved customer retention, new sales volume growth, and strategic initiatives to enhance customer service and capture high-margin incremental volume.
Vestis Corporation (VSTS) Q4 2024 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS ) Q4 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott - President and CEO Ricky T.
Exclusive: France's Elis has bid for U.S. uniform supplier Vestis, sources say
French workplace supplies provider Elis SA has approached Vestis , the former uniform rentals business of Aramark , with an acquisition offer, according to people familiar with the matter.
Vestis Corp.: Tangible Improvements To Organic Growth Need To Be Seen
Hold rating for Vestis Corp. due to lack of tangible organic growth improvements. VSTS is the second-largest in the US Uniform Services industry, with a simple business model and the majority of revenue from the US. Despite positive developments in customer retention and sales teams, VSTS needs to show consistent organic growth improvement for buy rating.
Vestis Corporation (VSTS) Q3 2024 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS ) Q3 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott – President and CEO Ricky T.
