-$0.14 EPS Expected for Vacasa, Inc. (NASDAQ:VCSA) This Quarter

Wall Street analysts expect that Vacasa, Inc. (NASDAQ:VCSA – Get Rating) will post ($0.14) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Vacasa’s earnings. The lowest EPS estimate is ($0.24) and the highest is ($0.08). The business is expected to issue its next earnings report after the market closes on Monday, January 1st.

On average, analysts expect that Vacasa will report full year earnings of ($0.31) per share for the current fiscal year, with EPS estimates ranging from ($0.48) to ($0.22). For the next fiscal year, analysts forecast that the company will report earnings of ($0.25) per share, with EPS estimates ranging from ($0.35) to ($0.17). Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Vacasa.

Vacasa (NASDAQ:VCSA – Get Rating) last issued its earnings results on Wednesday, March 16th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.20. The firm had revenue of $192.10 million during the quarter, compared to the consensus estimate of $178.56 million.

Several research firms have recently weighed in on VCSA. JPMorgan Chase & Co. began coverage on shares of Vacasa in a report on Wednesday, February 16th. They set an “overweight” rating and a $10.00 price objective for the company. JMP Securities reissued a “buy” rating and set a $12.00 price objective on shares of Vacasa in a report on Monday, March 28th. Zacks Investment Research cut shares of Vacasa from a “buy” rating to a “hold” rating in a report on Saturday, April 2nd. Oppenheimer began coverage on shares of Vacasa in a report on Tuesday, January 11th. They set an “outperform” rating and a $12.00 price objective for the company. Finally, KeyCorp began coverage on shares of Vacasa in a report on Monday, January 31st. They set a “sector weight” rating for the company. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $11.57.

Shares of NASDAQ VCSA opened at $6.48 on Friday. The business has a 50 day moving average price of $7.45. Vacasa has a 52-week low of $5.40 and a 52-week high of $11.00.

A number of hedge funds have recently made changes to their positions in the business. Silver Lake Group L.L.C. purchased a new stake in shares of Vacasa in the fourth quarter worth $519,780,000. Altos Ventures Management Inc. purchased a new stake in shares of Vacasa in the fourth quarter worth $156,920,000. Capital World Investors purchased a new stake in shares of Vacasa in the fourth quarter worth $28,831,000. Light Street Capital Management LLC purchased a new stake in shares of Vacasa in the fourth quarter worth $20,777,000. Finally, Guggenheim Capital LLC purchased a new stake in shares of Vacasa in the fourth quarter worth $19,583,000. 36.21% of the stock is owned by institutional investors and hedge funds.

About Vacasa (Get Rating)

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.

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