Grant Shih - Vestis Executive CTO
| VSTS Stock | 12.36 0.08 0.64% |
CTO
Grant Shih is Executive CTO of Vestis
| Age | 47 |
| Address | 500 Colonial Center Parkway, Roswell, GA, United States, 30076 |
| Phone | 470 226 3655 |
| Web | https://www.vestis.com |
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Vestis Management Efficiency
The company has return on total asset (ROA) of 0.0448 % which means that it generated a profit of $0.0448 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1327 %, meaning that it created $0.1327 on every $100 dollars invested by stockholders. Vestis' management efficiency ratios could be used to measure how well Vestis manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.23 in 2024, whereas Return On Tangible Assets are likely to drop 0.06 in 2024. Debt To Assets is likely to gain to 0.51 in 2024, whereas Total Assets are likely to drop slightly above 3.4 B in 2024. Vestis (VSTS) is traded on New York Stock Exchange in USA. It is located in 500 Colonial Center Parkway, Roswell, GA, United States, 30076 and employs 20,000 people. Vestis is listed under Trading Companies & Distributors category by Fama And French industry classification.Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0448 |
Vestis Leadership Team
Elected by the shareholders, the Vestis' board of directors comprises two types of representatives: Vestis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vestis. The board's role is to monitor Vestis' management team and ensure that shareholders' interests are well served. Vestis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vestis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ricky Dillon, Executive CFO | ||
| Timothy Donovan, Chief VP | ||
| Kimberly Scott, CEO President | ||
| Grant Shih, Executive CTO | ||
| Angela Kervin, Executive Officer | ||
| Christopher Synek, Executive COO |
Vestis Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Vestis a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0448 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 4.45 B | ||||
| Shares Outstanding | 131.43 M | ||||
| Shares Owned By Insiders | 0.30 % | ||||
| Shares Owned By Institutions | 38.86 % | ||||
| Number Of Shares Shorted | 4.96 M | ||||
| Price To Book | 3.19 X |
Pair Trading with Vestis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vestis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vestis will appreciate offsetting losses from the drop in the long position's value.Moving against Vestis Stock
| 0.86 | WLFC | Willis Lease Finance | PairCorr |
| 0.75 | AER | AerCap Holdings NV | PairCorr |
| 0.74 | FTAI | Fortress Transp Infra | PairCorr |
| 0.73 | TRTN-PA | Triton International | PairCorr |
| 0.72 | PRG | PROG Holdings | PairCorr |
The ability to find closely correlated positions to Vestis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vestis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vestis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vestis to buy it.
The correlation of Vestis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vestis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vestis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vestis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Vestis Stock Analysis
When running Vestis' price analysis, check to measure Vestis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vestis is operating at the current time. Most of Vestis' value examination focuses on studying past and present price action to predict the probability of Vestis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestis' price. Additionally, you may evaluate how the addition of Vestis to your portfolios can decrease your overall portfolio volatility.