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Surging Earnings Estimates Signal Upside for Vestis (VSTS) Stock
ZACKSยท 2025-12-09 18:21
Core Viewpoint - Vestis (VSTS) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The trend in estimate revisions reflects growing analyst optimism regarding Vestis's earnings prospects, which is expected to positively influence its stock price [2]. - For the current quarter, Vestis is projected to earn $0.06 per share, a decrease of 57.1% from the previous year, but the Zacks Consensus Estimate has increased by 80% over the last 30 days due to one upward revision [5]. - For the full year, the earnings estimate is $0.37 per share, indicating a year-over-year increase of 48.0%, with two estimates moving higher recently and a consensus estimate boost of 131.25% [6][7]. Zacks Rank and Performance - Vestis has achieved a Zacks Rank 2 (Buy), indicating promising estimate revisions that could lead to significant outperformance compared to the S&P 500 [8]. - Historically, Zacks 1 (Strong Buy) and 2 (Buy) stocks have shown a strong track record, with Zacks 1 stocks averaging a 25% annual return since 2008 [3][8]. Stock Performance - The stock has gained 36% over the past four weeks, driven by solid estimate revisions, suggesting potential for further growth in earnings and stock price [9].