Vacasa (VCSA) Expected to Announce Earnings on Wednesday

Vacasa (NASDAQ:VCSA) is expected to be issuing its earnings results 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 Price Performance

NASDAQ VCSA opened at $5.30 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $120.68 million, a PE ratio of -0.64 and a beta of 0.75. Vacasa has a 12-month low of $2.07 and a 12-month high of $11.70. The company has a 50 day moving average price of $4.75 and a two-hundred day moving average price of $3.71.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Vacasa

A hedge fund recently raised its stake in Vacasa stock. Bank of America Corp DE boosted its holdings in Vacasa, Inc. (NASDAQ:VCSA) by 139.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & 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 approximately 0.05% of Vacasa worth $61,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 82.48% of the company’s stock.

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.