Here is how Vestis (VSTS) and Vestas Wind Systems AS (VWDRY) have performed compared to their sector so far this year.
Vestis (VSTS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
I reiterate a 'Hold' rating on Vestis due to ongoing revenue weakness and uncertainty around the new business model's execution. Q3 showed improved margins and EBITDA, driven by exiting lower-quality volume and focusing on higher-value route-servicing contracts. Transformation initiatives have delivered ~$30M of ~$50M targeted FY2026 savings, enhancing plant productivity, service quality, and cost structure.
Vestis (VSTS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vestis Corporation (VSTS) Q3 2026 Earnings Call Transcript
Vestis NYSE: VSTS reported fiscal third-quarter results that showed improved profitability and cash generation as the company continued its transformation program, even as revenue declined due to intentional exits from lower-margin business.
Vestis (VSTS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago.
Does Vestis (VSTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does Vestis (VSTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Vestis NYSE: VSTS reported improved profitability and cash generation in its fiscal second quarter of 2026, with management saying its business transformation plan is beginning to translate into better operating leverage. The uniform and workplace supplies company also raised its full-year outlook for adjusted EBITDA and free cash flow while maintaining its revenue forecast.
Vestis (VSTS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Vestis Corporation (VSTS) Q2 2026 Earnings Call Transcript