(VSTS) Vestis - Ratings and Ratios

Vestis Corporation (NYSE: VSTS) is a leading provider of uniform rental services and workplace supplies, operating across the United States and Canada. The company offers a comprehensive range of uniform solutions, including shirts, pants, outerwear, gowns, scrubs, high-visibility garments, particulate-free garments, flame-resistant garments, shoes, and accessories. Additionally, Vestis supplies workplace essentials such as managed restroom services, first-aid supplies, safety products, floor mats, towels, and linens. The company serves a diverse array of industries, including manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom sectors. Headquartered in Roswell, Georgia, Vestis has been in operation since 1936 and is known for its commitment to quality and customer service. Web URL: https://www.vestis.com

Based on the provided and , here is a 3-month forecast for Vestis Corporation:

3-Month Forecast: Vestis Corporation (NYSE: VSTS) is expected to trade within a narrow range over the next three months, influenced by its current technical and fundamental indicators. The stock is currently trading at $8.98, above its 20-day simple moving average (SMA) of $8.22 but below its 50-day SMA of $9.85 and 200-day SMA of $13.35. This suggests potential resistance at higher levels, particularly near the 50-day SMA. The average true range (ATR) of 0.48 indicates moderate volatility, with price fluctuations expected to remain constrained within a $0.48 range on average.

From a fundamental perspective, Vestis Corporation has a market capitalization of $1.163 billion, with a price-to-earnings (P/E) ratio of 110.38, indicating a premium valuation relative to its earnings. The price-to-book (P/B) ratio of 1.29 and price-to-sales (P/S) ratio of 0.42 suggest that the market values the company slightly above its book value but at a discount relative to its sales. The return on equity (RoE) of 1.06% reflects modest profitability. Overall, the stock is likely to experience sideways movement unless driven by positive earnings surprises or improved market conditions.