Ready to Jump After Recent Trade: Vestis Corp (VSTS)

With 5.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.98 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $20.28 whereas the lowest price it dropped to was $18.92. The 52-week range on VSTS shows that it touched its highest point at $22.37 and its lowest point at $13.83 during that stretch. It currently has a 1-year price target of $23.22. With its current market cap of 2.64 billion, VSTS has annualized dividend of $0.14 while the current yield stands at 0.70%.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VSTS was down-trending over the past week, with a drop of -7.96%, but this was down by -2.43% over a month. For the next quarter, that number is 0.21. This implies an EPS growth rate of -35.71% for this year and 25.79% for next year.

Float and Shares Shorts:

At present, 131.43 million VSTS shares are outstanding with a float of 130.83 million shares on hand for trading. On Jan 11, 2024, short shares totaled 4.96 million, which was 3.77% higher than short shares on Dec 14, 2023. In addition to Ms. Kimberly T. Scott as the firm’s President, CEO & Director, Mr. Ricky T. Dillon serves as its Executive VP & CFO.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VSTS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With VSTS analysts setting a high price target of $29.00 and a low target of $17.00, the average target price over the next 12 months is $23.22. Based on these targets, VSTS could surge 44.21% to reach the target high and fall by -15.46% to reach the target low. Reaching the average price target will result in a growth of 15.46% from current levels.

Summary of Insider Activity:

Insiders traded VSTS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 32 while that of sell transactions has risen to 1 over the past year. The total number of shares bought during that period was 320,820 while 12,093 shares were sold.