Vestis Corp (NYSE: VSTS) kicked off on Tuesday, up 0.15% from the previous trading day, before settling in for the closing price of $13.72. Over the past 52 weeks, VSTS has traded in a range of $8.92-$22.37.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 3.47%. While this was happening, its average annual earnings per share was recorded -61.59%. With a float of $130.53 million, this company’s outstanding shares have now reached $131.43 million.
Considering the fact that the conglomerate employs 20000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.06%, operating margin of 6.68%, and the pretax margin is 8.18%.
Vestis Corp (VSTS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Rental & Leasing Services Industry. The insider ownership of Vestis Corp is 0.72%, while institutional ownership is 99.26%. The most recent insider transaction that took place on May 24 ’24, was worth 653,055. In this transaction Director of this company bought 54,468 shares at a rate of $11.99, taking the stock ownership to the 195,604 shares. Before that another transaction happened on May 28 ’24, when Company’s Director bought 22,442 for $11.62, making the entire transaction worth $260,706. This insider now owns 218,046 shares in total.
Vestis Corp (VSTS) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.55 earnings per share (EPS), higher than consensus estimate (set at 0.32) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -61.59% per share during the next fiscal year.
Vestis Corp (NYSE: VSTS) Trading Performance Indicators
Take a look at Vestis Corp’s (VSTS) current performance indicators. Last quarter, stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.89, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Vestis Corp (VSTS)
Compared to the last year’s volume of 2.16 million, its volume of 1.5 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 86.63%. Additionally, its Average True Range was 0.53.
During the past 100 days, Vestis Corp’s (VSTS) raw stochastic average was set at 44.46%, which indicates a significant decrease from 91.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.04% in the past 14 days, which was lower than the 103.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.52, while its 200-day Moving Average is $16.41. Nevertheless, the first resistance level for the watch stands at $13.89 in the near term. At $14.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.16. If the price goes on to break the first support level at $13.62, it is likely to go to the next support level at $13.50. Now, if the price goes above the second support level, the third support stands at $13.35.
Vestis Corp (NYSE: VSTS) Key Stats
The company with the Market Capitalisation of 1.81 billion has total of 131,451K Shares Outstanding. Its annual sales at the moment are 2,825 M in contrast with the sum of 213,160 K annual income. Company’s last quarter sales were recorded 698,250 K and last quarter income was 5,040 K.
