Vacasa (VCSA) Expected to Announce Earnings on Wednesday

Vacasa (NASDAQ:VCSA) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($3.24) per share and revenue of $144.65 million for the quarter.

Vacasa Trading Down 0.2 %

Shares of VCSA stock opened at $5.03 on Tuesday. Vacasa has a 52-week low of $2.07 and a 52-week high of $11.70. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.90 and a current ratio of 0.90. The company has a 50-day simple moving average of $4.82 and a two-hundred day simple moving average of $3.75. The company has a market capitalization of $114.54 million, a price-to-earnings ratio of -0.60 and a beta of 0.75.

Wall Street Analysts Forecast Growth

VCSA has been the subject of a number of research reports. Needham & Company LLC reissued a “hold” rating on shares of Vacasa in a research report on Monday, December 30th. The Goldman Sachs Group reduced their target price on shares of Vacasa from $6.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, November 12th. Finally, JMP Securities reissued a “market perform” rating on shares of Vacasa in a research report on Monday, December 16th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Vacasa stock. Bank of America Corp DE increased its holdings in Vacasa, Inc. (NASDAQ:VCSA) by 139.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,456 shares of the company’s stock after buying an additional 7,255 shares during the period. Bank of America Corp DE owned 0.05% of Vacasa worth $61,000 as of its most recent SEC filing. Institutional investors and hedge funds own 82.48% of the company’s stock.

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.