Shares of Vacasa, Inc. (NASDAQ:VCSA – Get Rating) have been given an average rating of "Hold" by the eight analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $4.17.
VCSA has been the subject of several research analyst reports. JPMorgan Chase & Co. downgraded shares of Vacasa from an "overweight" rating to a "neutral" rating in a report on Thursday, November 10th. Needham & Company LLC lowered their price target on shares of Vacasa from $7.00 to $5.00 and set a "buy" rating for the company in a report on Thursday, November 10th. JMP Securities lowered their price target on shares of Vacasa from $5.00 to $3.00 and set a "market outperform" rating for the company in a report on Tuesday, December 20th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Vacasa in a report on Monday, October 3rd. They set a "hold" rating and a $3.00 price target for the company. Finally, Northland Securities decreased their price objective on Vacasa to $5.00 in a report on Tuesday, November 15th.
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Vacasa Price Performance
NASDAQ VCSA opened at $1.53 on Friday. The business has a fifty day moving average price of $1.42 and a two-hundred day moving average price of $2.75. Vacasa has a fifty-two week low of $1.08 and a fifty-two week high of $9.38. The stock has a market capitalization of $670.25 million, a PE ratio of -11.77 and a beta of 0.44.
Vacasa (NASDAQ:VCSA – Get Rating) last announced its quarterly earnings results on Wednesday, November 9th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $412.18 million for the quarter, compared to the consensus estimate of $391.50 million. As a group, sell-side analysts expect that Vacasa will post -0.45 earnings per share for the current year.
Institutional Trading of Vacasa
Institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC acquired a new stake in Vacasa in the second quarter valued at $31,000. PBMares Wealth Management LLC bought a new stake in Vacasa during the third quarter valued at $32,000. ProShare Advisors LLC bought a new stake in Vacasa during the third quarter valued at $38,000. Lake Hills Wealth Management LLC bought a new stake in Vacasa during the fourth quarter valued at $38,000. Finally, Royal Bank of Canada boosted its position in Vacasa by 339.3% during the first quarter. Royal Bank of Canada now owns 4,942 shares of the company's stock valued at $41,000 after acquiring an additional 3,817 shares during the last quarter. 41.97% of the stock is currently owned by institutional investors and hedge funds.
About Vacasa
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Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and the Vacasa Guest App. It also provides services to buy and sell vacation homes through its network of real estate agents.
Further Reading
- Get a free copy of the StockNews.com research report on Vacasa (VCSA)
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