Vacasa (VCSA) Expected to Announce Earnings on Wednesday

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

Vacasa Price Performance

Shares of NASDAQ VCSA opened at $5.03 on Tuesday. The firm’s 50-day moving average price is $4.82 and its 200-day moving average price is $3.75. Vacasa has a 1-year low of $2.07 and a 1-year high of $11.70. The firm has a market capitalization of $114.54 million, a P/E ratio of -0.60 and a beta of 0.75. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.04.

Institutional Investors Weigh In On Vacasa

A hedge fund recently raised its stake in Vacasa stock. Bank of America Corp DE boosted its position in Vacasa, Inc. (NASDAQ:VCSA) by 139.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 12,456 shares of the company’s stock after purchasing an additional 7,255 shares during the period. Bank of America Corp DE owned about 0.05% of Vacasa worth $61,000 as of its most recent SEC filing. 82.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on VCSA. The Goldman Sachs Group dropped their price objective on shares of Vacasa from $6.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. Needham & Company LLC restated a “hold” rating on shares of Vacasa in a report on Monday, December 30th. Finally, JMP Securities restated a “market perform” rating on shares of Vacasa in a report on Monday, December 16th.

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.