Vacasa (VCSA) Scheduled to Post Earnings on Thursday

Vacasa (NASDAQ:VCSA) is scheduled to be issuing its 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 announced its earnings results on Wednesday, February 28th. The company reported ($3.48) earnings per share (EPS) for the quarter, beating the consensus estimate of ($6.82) by $3.34. The business had revenue of $177.44 million for 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 Stock Up 1.4 %

Shares of NASDAQ VCSA traded up $0.10 during mid-day trading on Tuesday, reaching $7.15. 9,512 shares of the company were exchanged, compared to its average volume of 65,598. Vacasa has a 1 year low of $5.62 and a 1 year high of $17.80. The firm has a 50-day moving average of $7.12 and a 200 day moving average of $7.74. The stock has a market cap of $160.09 million, a price-to-earnings ratio of -0.30 and a beta of 0.74.

Analysts Set New Price Targets

Several research analysts recently commented on VCSA shares. JMP Securities lowered shares of Vacasa from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 29th. Needham & Company LLC reduced their target price on Vacasa from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 29th. The Goldman Sachs Group decreased their price target on Vacasa from $11.00 to $9.50 and set a “neutral” rating for the company in a research note on Monday, April 22nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Vacasa from $8.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th.

Insider Transactions at Vacasa

In other news, major shareholder Mossytree Inc. sold 12,500 shares of Vacasa stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $9.19, for a total value of $114,875.00. Following the sale, the insider now owns 287,505 shares in the company, valued at $2,642,170.95. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 52,300 shares of company stock valued at $479,769 in the last ninety days. 11.21% of the stock is currently owned by corporate insiders.

About Vacasa

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.