The price of VSTS is predicted to go up 0%, based on the high correlation periods with BCTX. The similarity of these two price pattern on the periods is 98.93%.
VSTS
BCTX
Up: 0%Similarity: 98.93%
VSTS Revenue Forecast
VSTS EPS Forecast
VSTS FAQs
What is bull’s view on VSTS?
Vestis (VSTS) stock is currently trading at $13.73, down significantly from its 52-week high of $22.37, and has entered oversold territory with an RSI of 24.3, suggesting potential for a rebound. The recent 13% drop was driven by Q1 revenue decline and CFO transition, which created investor uncertainty. Bullish investors may view the low valuation and oversold RSI as an entry opportunity, targeting a recovery to $15 in the short term.
What is bear's view on VSTS?
Vestis (VSTS) stock is bearish, currently trading at $13.93, down 13% due to weak Q1 FY25 revenue of $683.8M (YoY decline) and CFO resignation, which has shaken investor confidence. The RSI of 24.3 indicates oversold conditions, but the stock remains under pressure from leadership uncertainty and sector-wide weakness. A further drop toward its 52-week low of $8.92 is possible if no positive catalysts emerge.
What is VSTS revenue forecast for next quarter?
The market consensus for VSTS's revenue in the upcoming quarter is projected to be approximately $693.205M USD.
What is VSTS eps forecast for next quarter?
The market consensus for VSTS's eps in the upcoming quarter is projected to be approximately $0.142 USD.
Barclays analyst Manav Patnaik raised the firm's price target on Vestis to $13 from $10 and keeps an Underweight rating on the shares. The company's fiscal Q3 beat on margins, which offset a miss on revenue, the analyst tells investors in a research note. The firm says Vestis comments on retaining bankers likely led to shares rallying 17%.