Vacasa (VCSA) Scheduled to Post Quarterly Earnings on Thursday

Vacasa (NASDAQ:VCSA) will be issuing its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($2.50) per share for the quarter.

Vacasa (NASDAQ:VCSA) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($3.48) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($6.82) by $3.34. The company had revenue of $177.44 million during the quarter, compared to analysts’ expectations of $176.03 million. Vacasa had a positive return on equity of 56.86% and a negative net margin of 26.72%. On average, analysts expect Vacasa to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Vacasa Trading Up 1.4 %

Shares of Vacasa stock traded up $0.10 during mid-day trading on Tuesday, reaching $7.15. 9,512 shares of the stock were exchanged, compared to its average volume of 65,598. The company has a market cap of $160.09 million, a price-to-earnings ratio of -0.30 and a beta of 0.74. Vacasa has a fifty-two week low of $5.62 and a fifty-two week high of $17.80. The firm has a 50-day simple moving average of $7.12 and a 200 day simple moving average of $7.74.

Insider Activity

In other Vacasa news, major shareholder Mossytree Inc. sold 12,500 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $9.19, for a total value of $114,875.00. Following the transaction, the insider now owns 287,505 shares of the company’s stock, valued at $2,642,170.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 52,300 shares of company stock valued at $479,769 in the last 90 days. 11.21% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VCSA has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on Vacasa from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. The Goldman Sachs Group reduced their target price on shares of Vacasa from $11.00 to $9.50 and set a “neutral” rating on the stock in a research report on Monday, April 22nd. Needham & Company LLC dropped their price objective on shares of Vacasa from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 29th. Finally, JMP Securities downgraded Vacasa from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 29th.

Vacasa Company Profile

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 its Guest App. Vacasa, Inc was founded in 2009 and is headquartered in Portland, Oregon.