Oppenheimer’s recent report predicts that Vacasa, a company specializing in vacation rental management, will report a loss of ($0.27) per share in Q1 2023. The bank also provided estimates for the company’s Q2, Q3, and Q4 2023 earnings at ($0.09), $0.09, and ($0.29) per share, respectively. The consensus estimate for Vacasa’s full-year earnings stands at ($0.37) per share. Currently, four investment analysts have a hold rating on the stock, while two have a buy rating, with an average price target of $3.57. Vacasa’s stock opened at $1.00 on Thursday, with a price-to-earnings ratio of -1.30 and a beta of 0.87. Notably, hedge funds and other institutional investors own almost 42% of the company’s stock, with several buying and selling shares recently
Vacasa Inc Stock Analysis
Vacation rental management company, Vacasa Inc, has an average analyst target price of USD 3.69 over the next 12 months, according to forecasts by five top analysts. The company’s average top analyst rating is Buy, however, Stock Target Advisor’s own stock analysis of Vacasa Inc. is Neutral, based on five positive and five negative signals. The company’s stock price closed at USD 1.00, having changed by -23.66% over the past week, -35.06% over the past month, and -84.92% over the last year.
Company Overview
Portland-based company, Vacasa, Inc. is a vacation rental management platform that operates across North America, as well as in Belize and Costa Rica. The company offers guests a user-friendly platform to search, discover and book rental properties through its website and app, while also providing real estate services for buying and selling vacation homes via a network of agents. Vacasa was established in 2009 and is headquartered in Portland, Oregon.
