Peeling Back The Layers: Exploring Vestis Through Analyst Insights
5 analysts have expressed a variety of opinions on Vestis (NYSE:VSTS) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 1 | 3 | 0 |
| Last 30D | 0 | 1 | 1 | 1 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 2 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $14.4, along with a high estimate of $19.00 and a low estimate of $10.00. This current average has decreased by 27.27% from the previous average price target of $19.80.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Vestis by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Steinerman | JP Morgan | Lowers | Neutral | $11.00 | $22.00 |
| Manav Patnaik | Barclays | Lowers | Underweight | $10.00 | $19.00 |
| Andrew Wittmann | Baird | Lowers | Outperform | $13.00 | $24.00 |
| Manav Patnaik | Barclays | Raises | Underweight | $19.00 | $17.00 |
| Manav Patnaik | Barclays | Raises | Underweight | $19.00 | $17.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Vestis. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Vestis compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Vestis's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Vestis's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Vestis analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Unveiling the Story Behind Vestis
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Unraveling the Financial Story of Vestis
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Vestis's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 2.46%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 1.71%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Vestis's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.38% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Vestis's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.39%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.86, caution is advised due to increased financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.