According to Zacks, “Vacasa provides vacation rental management platform principally in North America. Vacasa, formerly known as TPG Pace Solutions Corp., is based in PORTLAND, Ore. “
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. assumed coverage on Vacasa in a report on Wednesday, February 16th. They set an “overweight” rating and a $10.00 price objective on the stock. JMP Securities reissued a “buy” rating and set a $12.00 price objective on shares of Vacasa in a report on Monday, March 28th. Finally, KeyCorp assumed coverage on Vacasa in a report on Monday, January 31st. They set a “sector weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $11.57.
Vacasa (NASDAQ:VCSA – Get Rating) last released its quarterly earnings results on Wednesday, March 16th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.20. The business had revenue of $192.10 million during the quarter, compared to analysts’ expectations of $178.56 million. As a group, equities analysts expect that Vacasa will post -0.49 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of VCSA. FourThought Financial LLC bought a new position in Vacasa during the 1st quarter worth approximately $32,000. Penserra Capital Management LLC bought a new stake in shares of Vacasa in the 4th quarter worth approximately $34,000. Royal Bank of Canada grew its position in shares of Vacasa by 339.3% in the 1st quarter. Royal Bank of Canada now owns 4,942 shares of the company’s stock worth $41,000 after buying an additional 3,817 shares during the last quarter. Wells Fargo & Company MN bought a new stake in shares of Vacasa in the 4th quarter worth approximately $54,000. Finally, Advisor Group Holdings Inc. bought a new stake in shares of Vacasa in the 4th quarter worth approximately $67,000. Institutional investors and hedge funds own 36.21% of the company’s stock.
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.
- Get a free copy of the StockNews.com research report on Vacasa (VCSA)
- Shoe Carnival’s Q1 Results Are No Joke, Shares Fall 15%
- Analog Devices Is Ready To Scale New Highs Despite Tech Wreck
- Dynatrace: Fundamentals are Positive While Being Punished
- Now’s The Time To Buy Disney (NYSE: DIS)
- 3 Small Caps With Big Return Potential
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vacasa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vacasa and related companies with MarketBeat.com's FREE daily email newsletter.