Vacasa Inc. (NASDAQ: VCSA) stock jumped 18.77% on Friday to $4.81 against a previous-day closing price of $4.05. With 17.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.03 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $4.9950 whereas the lowest price it dropped to was $3.9300. The 52-week range on VCSA shows that it touched its highest point at $11.00 and its lowest point at $2.38 during that stretch. It currently has a 1-year price target of $7.83.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VCSA was up-trending over the past week, with a rise of 64.16%, but this was up by 98.76% over a month. Three-month performance surged to 6.65% while six-month performance fell -26.34%. The stock lost -51.90% in the past year, while it has lost -42.19% so far this year. A look at the trailing 12-month EPS for VCSA yields 2.07 with Next year EPS estimates of -0.42. For the next quarter, that number is 0.07. This implies an EPS growth rate of -733.30% for this year and 12.00% for next year.
Float and Shares Shorts:
At present, 214.94 million VCSA shares are outstanding with a float of 75.21 million shares on hand for trading. On Jul 14, 2022, short shares totaled 4.49 million, which was 2.09% higher than short shares on Jun 14, 2022. In addition to Mr. Matthew J. Roberts as the firm’s CEO & Director, Mr. Eric Breon serves as its Co-Founder & Director.
Institutional Ownership:
Through their ownership of 80.68% of VCSA’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 5.35% of VCSA, in contrast to 35.23% held by mutual funds. Shares owned by individuals account for 13.34%. As the largest shareholder in VCSA with 2.54% of the stake, Comprehensive Financial Managemen holds 5,446,548 shares worth 5,446,548. A second-largest stockholder of VCSA, Capital Research & Management Co, holds 4,499,053 shares, controlling over 2.09% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in VCSA, holding 3,059,867 shares or 1.42% stake. With a 2.09% stake in VCSA, the American Funds Small Cap World Fu is the largest stakeholder. A total of 4,499,053 shares are owned by the mutual fund manager. The Franklin Small Cap Growth Fund, which owns about 0.84% of VCSA stock, is the second-largest Mutual Fund holder. It holds 1,805,927 shares valued at 4.71 million. Vanguard Extended Market Index Fu holds 0.58% of the stake in VCSA, owning 1,242,784 shares worth 3.24 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VCSA since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With VCSA analysts setting a high price target of $10.00 and a low target of $6.00, the average target price over the next 12 months is $7.67. Based on these targets, VCSA could surge 107.9% to reach the target high and rise by 24.74% to reach the target low. Reaching the average price target will result in a growth of 59.46% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. VCSA will report FY 2022 earnings on 03/15/2023. Analysts have provided yearly estimates in a range of -$0.16 being high and -$0.52 being low. For VCSA, this leads to a yearly average estimate of -$0.30. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Vacasa Inc. surprised analysts by $0.20 when it reported $0.02 EPS against a consensus estimate of -$0.18. The surprise factor in the prior quarter was -$0.00. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.07.
Summary of Insider Activity:
Insiders traded VCSA stock several times over the past three months with 10 Buys and 2 Sells. In these transactions, 339,990 shares were bought while 37,986 shares were sold. The number of buy transactions has increased to 12 while that of sell transactions has risen to 3 over the past year. The total number of shares bought during that period was 1,002,505 while 807,986 shares were sold.
