Q2 2022 EPS Estimates for Vacasa, Inc. Lowered by Analyst (NASDAQ:VCSA)

Vacasa, Inc. (NASDAQ:VCSAGet Rating) – Research analysts at Oppenheimer decreased their Q2 2022 earnings per share estimates for Vacasa in a research report issued on Wednesday, May 11th. Oppenheimer analyst J. Kelly now anticipates that the company will earn ($0.23) per share for the quarter, down from their prior estimate of ($0.08). Oppenheimer also issued estimates for Vacasa’s Q3 2022 earnings at $0.08 EPS, Q4 2022 earnings at ($0.29) EPS, FY2022 earnings at ($0.61) EPS, FY2023 earnings at ($0.52) EPS, FY2024 earnings at ($0.35) EPS and FY2025 earnings at ($0.16) EPS.

A number of other research analysts also recently commented on VCSA. KeyCorp assumed coverage on Vacasa in a research note on Monday, January 31st. They issued a “sector weight” rating for the company. JMP Securities restated a “buy” rating and set a $12.00 price target on shares of Vacasa in a report on Monday, March 28th. Zacks Investment Research cut Vacasa from a “buy” rating to a “hold” rating in a report on Saturday, April 2nd. Finally, JPMorgan Chase & Co. initiated coverage on Vacasa in a report on Wednesday, February 16th. They issued an “overweight” rating and a $10.00 target price on the stock. 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 has a consensus rating of “Buy” and a consensus target price of $11.57.

Shares of Vacasa stock opened at $4.75 on Monday. The company has a 50-day simple moving average of $7.29. Vacasa has a 52-week low of $4.12 and a 52-week high of $11.00.

Vacasa (NASDAQ:VCSAGet Rating) last announced its earnings results on Wednesday, March 16th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.20. The company had revenue of $192.10 million for the quarter, compared to analyst estimates of $178.56 million.

Several large investors have recently modified their holdings of the company. Silver Lake Group L.L.C. acquired a new position in shares of Vacasa during the fourth quarter worth approximately $519,780,000. Riverwood Capital Management Ltd. raised its position in shares of Vacasa by 3.1% during the first quarter. Riverwood Capital Management Ltd. now owns 23,055,878 shares of the company’s stock worth $190,672,000 after purchasing an additional 700,071 shares during the period. Altos Ventures Management Inc. purchased a new stake in Vacasa in the 4th quarter valued at $156,920,000. Capital World Investors purchased a new stake in Vacasa in the 4th quarter valued at $28,831,000. Finally, Light Street Capital Management LLC purchased a new stake in Vacasa in the 4th quarter valued at $20,777,000. 36.21% of the stock is currently owned by institutional investors.

Vacasa Company Profile (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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Earnings History and Estimates for Vacasa (NASDAQ:VCSA)

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