Vestis Corporation

NYSE:VSTS Stock Report

Market Cap: US$1.7b

Vestis Management

Management criteria checks 2/4

Vestis' CEO is Jim Barber, appointed in Jun 2025, has a tenure of 1.42 years. total yearly compensation is $3.70M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $2.11M. The average tenure of the management team and the board of directors is 1 years and 3.1 years respectively.

Key information

Jim Barber

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage7.89%
CEO tenure1yr
CEO ownership0.1%
Management average tenure1yr
Board average tenure3.1yrs

Recent management updates

Recent updates

Narrative Update Jun 04

VSTS: Q4 Organic Inflection And Turnaround Execution Are Expected To Support Sentiment

Vestis' analyst price targets have shifted higher, with several firms now guiding to a range of $7.50 to $14. This reflects analysts' updated views on the company's earnings outlook, margin profile and potential for an inflection in organic growth.
Narrative Update May 16

VSTS: Turnaround Progress And Q4 Organic Inflection Are Expected To Support Confidence

Analysts have lifted the central price target for Vestis to $14 from $10, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and forward P/E. These revisions align with a recent wave of higher Street price targets and an upgrade following the latest earnings and FY26 EBITDA outlook.
Analysis Article May 15

Vestis Corporation (NYSE:VSTS) Just Reported And Analysts Have Been Lifting Their Price Targets

The investors in Vestis Corporation 's ( NYSE:VSTS ) will be rubbing their hands together with glee today, after the...
Narrative Update Apr 29

VSTS: Flat 2026 Revenue Outlook Will Constrain Upside Despite Rating Revisions

Vestis' updated analyst price target has shifted to approximately $7.81, down from about $8.18, as analysts factor in a lower assumed discount rate, more modest revenue growth expectations, slightly higher profit margins, and a revised future P/E of around 15.16, alongside recent target moves from major firms into the $6 range. Analyst Commentary Recent Street research shows several firms adjusting their price targets on Vestis into roughly the mid single digit range, including moves into the $6 area from Barclays and other large banks such as JPMorgan and Goldman Sachs.
Narrative Update Apr 15

VSTS: Reaffirmed 2026 Guidance Will Limit Upside Despite Higher Market Expectations

Analysts have raised the primary price target on Vestis by $1 to $6, citing updated views on fair value, discount rate, revenue growth expectations, profit margins and future P/E assumptions. Analyst Commentary Recent Street research on Vestis points to a mixed tone, with several firms lifting price targets but still signaling caution on the shares.
Narrative Update Apr 01

VSTS: Pricing Execution And Margin Improvements Will Support Future Confidence

Analysts have slightly increased their average price target on Vestis to about $6, reflecting recent target increases from several firms. They cite updated views on the company’s pricing power, revenue growth challenges, and profitability outlook.
Narrative Update Mar 18

VSTS: Fair Value View Balances Execution Challenges And Margin Improvement Potential

Narrative Update Overview Analysts have lifted Vestis' fair value estimate from $5.67 to $8.18 and raised their price targets, with firms citing updated views on revenue trends, margin potential, and future P/E assumptions, despite some ongoing concerns about growth constraints and pricing power. Analyst Commentary Recent research shows a mix of optimism and caution around Vestis, with several price target increases sitting alongside a Sell rating and concerns about the business model.
Narrative Update Mar 04

VSTS: Service And Pricing Issues Will Constrain Future Upside Potential

Narrative Update on Vestis The analyst price target for Vestis has shifted from $5 to $6, with analysts pointing to updated fair value assumptions, a lower discount rate, and a higher future P/E multiple as key drivers behind the move. Analyst Commentary Recent research on Vestis shows that even with some price target increases, a number of bearish analysts remain cautious on the stock, highlighting execution risks and limits to the upside case.
Narrative Update Feb 18

VSTS: Service And Pricing Improvements Will Support Confidence Despite Recent Downgrade

Analysts have lifted their price targets on Vestis by increments ranging from $0.70 to $3.50. These changes reflect updated views on fair value, growth assumptions, margins, and a lower future P/E, even as some still flag operational and pricing challenges.
Analysis Article Feb 13

Vestis Corporation (NYSE:VSTS) Just Reported And Analysts Have Been Lifting Their Price Targets

The investors in Vestis Corporation 's ( NYSE:VSTS ) will be rubbing their hands together with glee today, after the...
Analysis Article Feb 05

Calculating The Intrinsic Value Of Vestis Corporation (NYSE:VSTS)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vestis fair value estimate is US$6.17 With US$6.94 share...
Narrative Update Feb 04

VSTS: Service Improvements Will Support Confidence Despite Recent Downgrade Concerns

The analyst price target for Vestis has been reduced to US$5.30 from US$6.30, as analysts point to ongoing customer service challenges, limited pricing power, and questions around the pace of any revenue growth turnaround. Analyst Commentary Goldman Sachs has shifted to a more cautious stance on Vestis, cutting its rating to Sell and lowering the price target to US$5.30 from US$6.30.
Narrative Update Jan 20

VSTS: Service Improvements Will Support Future Confidence Despite Pricing Constraints

Narrative update on Vestis The updated analyst price target for Vestis moves down by $1.00, with analysts pointing to concerns about constrained revenue growth, customer service quality challenges, and limited pricing power as key reasons for the reset. Analyst Commentary Recent research has leaned cautious on Vestis, with Goldman Sachs moving to a Sell rating and trimming its price target to $5.30 from $6.30.
Analysis Article Jan 14

Is Vestis (NYSE:VSTS) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Jan 06

VSTS: Leadership Transition And Steady Outlook Will Support Future Multiple Expansion

Analysts have revised their price targets on Vestis, citing slightly higher discount rate assumptions, modest changes in revenue growth and profit margin expectations, and a marginally lower anticipated future P/E multiple as the main factors shaping their updated valuation view. What's in the News Vestis announced that Chief Financial Officer Kelly Janzen will depart the company to pursue other opportunities and is expected to remain through the end of December 2025 to support a transition period (Key Developments).
Narrative Update Dec 14

VSTS: Risk Profile Will Improve As Guidance Stays Muted And Multiples Expand

Analysts have modestly raised their price target on Vestis to approximately $8.00 per share, reflecting a lower perceived risk profile and higher future valuation multiples, despite tempered expectations for revenue growth and profit margins. What's in the News Vestis issued new fiscal 2026 guidance, projecting revenue to be flat to down 2 percent compared with normalized fiscal 2025 levels (Key Developments).
Seeking Alpha Dec 10

Vestis Corp.: Revenue Growth Needs To Recover First

Summary Vestis Corp. remains a hold as fundamentals are weak and revenue continues to decline, justifying its discounted valuation. FY25 revenue, adjusted for the extra week, fell 3.5% y/y; gross margin contracted 366 bps, and net loss reached $40.2 million. FY26 guidance implies margin stabilization via a $75 million cost savings program, but the full benefit materializes in FY27. Persistent high churn, loss of quality accounts, and lack of top-line recovery limit any near-term re-rating potential for VSTS. Read the full article on Seeking Alpha
Analysis Article Dec 02

There's No Escaping Vestis Corporation's (NYSE:VSTS) Muted Revenues Despite A 28% Share Price Rise

Despite an already strong run, Vestis Corporation ( NYSE:VSTS ) shares have been powering on, with a gain of 28% in the...
Narrative Update Nov 29

VSTS: Shares Will Likely Face Pressure From Lower Discount Rate And Overvaluation

Vestis has seen a slight upward revision in its analyst price target, increasing from $5.66 to $5.67. Analysts cite marginal improvements in valuation models and a reduced discount rate impacting projections.
Analysis Article Nov 23

When Should You Buy Vestis Corporation (NYSE:VSTS)?

Vestis Corporation ( NYSE:VSTS ), is not the largest company out there, but it saw a significant share price rise of...
Narrative Update Nov 15

VSTS: Projected Financial Performance Will Likely Remain Stable Despite Modest Adjustments

Analysts have slightly lowered their price target for Vestis, citing modest adjustments in core valuation assumptions. These changes reflect updated growth and profitability projections.
Analysis Article Nov 05

Returns On Capital Signal Difficult Times Ahead For Vestis (NYSE:VSTS)

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Narrative Update Oct 31

VSTS: Digital Modernization And Pricing Reforms Will Strengthen Future Opportunities

Narrative Update: Vestis Analyst Price Target Revised Analysts have slightly lowered their price target for Vestis, reducing it by $0.00 based on refined discount rate assumptions and ongoing stability in core financial projections. Valuation Changes The Fair Value estimate remained unchanged at $5.66 per share.
Narrative Update Oct 17

Digital Modernization And Pricing Reforms Will Strengthen Future Opportunities

Analysts have modestly raised their price target for Vestis, citing slight improvements in expected future profitability and valuation metrics. This has led to a new target of $5.66 per share.
Analysis Article Oct 06

Vestis (NYSE:VSTS) Seems To Be Using A Lot Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Oct 03

Digital Modernization And Pricing Reforms Will Strengthen Future Opportunities

Analysts have slightly lowered their price target for Vestis to $5.66 from $5.74. They cite continued concerns about the company's fundamentals, debt burden, and uncertainty surrounding recent leadership changes.
Analysis Article Aug 12

Lacklustre Performance Is Driving Vestis Corporation's (NYSE:VSTS) 28% Price Drop

Vestis Corporation ( NYSE:VSTS ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Jul 24

Returns On Capital At Vestis (NYSE:VSTS) Paint A Concerning Picture

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Jun 15

Vestis (NYSE:VSTS) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 17

Investors Will Want Vestis' (NYSE:VSTS) Growth In ROCE To Persist

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha Mar 08

Vestis: Extremely Undervalued With Stable FCF And 75 Years In The Industry

Summary Vestis Corporation's 75 years of industry experience and sector diversification provide stability and potential revenue growth, making it undervalued at the current stock price. Despite challenges like potential tariffs and debt, Vestis's consistent positive net income and recent cost reductions suggest future profitability and free cash flow growth. The company's diverse customer base across various industries may reduce revenue volatility, even during economic downturns, enhancing its investment appeal. Potential takeover interest from private equity firms and strategic buyers could further boost Vestis's stock value, with estimates suggesting a price significantly higher than current levels. Read the full article on Seeking Alpha
Seeking Alpha Feb 04

Vestis: I Like The Improvements, But More Needs To Be Shown

Summary Vestis Corp. shows improvements but still faces challenges; hold rating maintained until positive organic revenue growth and margin expansion are demonstrated. VSTS 1Q25 earnings report: revenue down 4.8% y/y, adj. EBITDA in line with consensus, adj. EPS beat expectations, management reiterates FY25 guidance. Positive signs: improved customer retention, new sales volume growth, national account wins, and effective pricing actions expected to drive momentum in 2H25. Read the full article on Seeking Alpha
Analysis Article Jan 30

These 4 Measures Indicate That Vestis (NYSE:VSTS) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 30

Benign Growth For Vestis Corporation (NYSE:VSTS) Underpins Its Share Price

With a price-to-sales (or "P/S") ratio of 0.7x Vestis Corporation ( NYSE:VSTS ) may be sending bullish signals at the...
Seeking Alpha Nov 25

Vestis Corp: Waiting For More Signs Of Successful Turnaround

Summary I maintain a hold rating for Vestis Corp (VSTS) due to the need for more evidence of successful strategy implementation and operating metrics improvement. 4Q24 earnings were disappointing, with a 4.4% y/y revenue decline, high decremental margins, and a sharp drop in adj EPS from $0.57 to $0.11. Positive signs include improved customer retention, new sales volume growth, and strategic initiatives to enhance customer service and capture high-margin incremental volume. Read the full article on Seeking Alpha
Analysis Article Nov 25

Vestis (NYSE:VSTS) Has Affirmed Its Dividend Of $0.035

Vestis Corporation's ( NYSE:VSTS ) investors are due to receive a payment of $0.035 per share on 6th of January. The...
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New Narrative Sep 29

Despite Efforts, Customer Attrition And Pricing Strategies May Undermine Future Revenue Growth And Margins

Efforts to retain customers through moderated pricing and service improvements might compress margins, highlighting a challenge in balancing growth and profitability.
Seeking Alpha Aug 21

Vestis: Stability Increases, Challenges Remain

Summary Vestis, a uniform and workplace player spun off from Aramark, faced growing concerns with lagging sales, margins, and high leverage ratios. After a big scare in May, shares of Vestis recovered slightly following a resilient quarterly report addressing leverage concerns. Despite some stabilization in the business and efforts to address leverage, Vestis still faces execution risks and significant leverage, warranting caution. Read the full article on Seeking Alpha
Analysis Article Aug 19

We Think That There Are More Issues For Vestis (NYSE:VSTS) Than Just Sluggish Earnings

Vestis Corporation's ( NYSE:VSTS ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...

CEO Compensation Analysis

How has Jim Barber's remuneration changed compared to Vestis's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 03 2026n/an/a

-US$17m

Jan 02 2026n/an/a

-US$47m

Oct 03 2025US$4mUS$292k

-US$40m

Compensation vs Market: Jim's total compensation ($USD3.70M) is below average for companies of similar size in the US market ($USD5.30M).

Compensation vs Earnings: Insufficient data to compare Jim's compensation with company performance.


CEO

Jim Barber (66 yo)

1yr
Tenure
US$3,703,137
Compensation

Mr. James Jay Barber, Jr. also known as Jim, is CEO, President & Director of Vestis Corporation from 2025. Mr. Barber joined Vestis in June 2025. Mr. Barber served as Director at C.H.Robinson Worldwide, I...


Leadership Team

NamePositionTenureCompensationOwnership
James Barber
CEO, President & Director1yrUS$3.70m0.12%
$ 2.1m
William Seward
Executive VP & COO1.8yrsUS$4.04m0.026%
$ 436.4k
André Bouchard
Executive VP1.3yrsUS$1.99m0.0018%
$ 30.0k
Adam Bowen
Interim Chief Financial Officerless than a yearno data0.020%
$ 333.1k
John Laveck
VP & Chief Accounting Officer1yrno datano data
Wendy Zacchio
SVP, Chief Information & Digital Officerless than a yearno datano data
Peter Rego
Senior Vice President of Sales1.9yrsno datano data
Rodney Wedemeier
Executive VP & Chief Human Resources Officerless than a yearno datano data
1.0yrs
Average Tenure
54.5yo
Average Age

Experienced Management: VSTS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
James Barber
CEO, President & Director1.4yrsUS$3.70m0.12%
$ 2.1m
Douglas Pertz
Independent Vice Chairman2.8yrsUS$287.51k0.23%
$ 4.0m
Keith Meister
Independent Director2yrsUS$245.01k15.01%
$ 254.8m
William Goetz
Independent Director1.8yrsUS$245.01k0.023%
$ 384.0k
James Holloman
Chairman of the Board2.8yrsUS$2.53m0.031%
$ 521.7k
Lynn McKee
Director3.4yrsUS$245.01k0.16%
$ 2.7m
Richard Burke
Independent Director3.4yrsUS$260.01k0.021%
$ 348.8k
Tracy Jokinen
Independent Director3.4yrsUS$270.01k0.019%
$ 314.9k
Ena Koschel
Independent Director3.4yrsUS$245.01k0.013%
$ 221.9k
Mary Whitney
Independent Director3.4yrsUS$245.01k0.012%
$ 208.3k
3.1yrs
Average Tenure
61.5yo
Average Age

Experienced Board: VSTS's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 19:36
End of Day Share Price 2026/06/05 00:00
Earnings2026/04/03
Annual Earnings2025/10/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vestis Corporation is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WittmannBaird
Manav PatnaikBarclays
Keen Fai TongGoldman Sachs