Vacasa Inc (NASDAQ:VCSA) Shares Surges 37.13% In A Week – But Can It Keep Rising?

In last trading session, Vacasa Inc (NASDAQ:VCSA) saw 0.11 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $3.73 trading at $0.43 or 13.03% at ring of the bell on the day assigns it a market valuation of $95.57M. That closing price of VCSA’s stock is at a discount of -213.67% from its 52-week high price of $11.70 and is indicating a premium of 44.5% from its 52-week low price of $2.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 66890.0 shares which gives us an average trading volume of 67.15K if we extend that period to 3-months.

For Vacasa Inc (VCSA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.71. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -2.8 in the current quarter.

Vacasa Inc (NASDAQ:VCSA) trade information

Upright in the green during last session for gaining 13.03%, in the last five days VCSA remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $3.73 price level, adding 0.8% to its value on the day. Vacasa Inc’s shares saw a change of -54.51% in year-to-date performance and have moved 37.13% in past 5-day. Vacasa Inc (NASDAQ:VCSA) showed a performance of 40.75% in past 30-days. Number of shares sold short was 0.69 million shares which calculate 11.19 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3.12 to the stock, which implies a fall of -19.36% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would jump 32.98% in reaching the projected high whereas dropping to the targeted low would mean a gain of 32.98% for stock’s current value.

Vacasa Inc (VCSA) estimates and forecasts

Statistics highlight that Vacasa Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -23.88% of value to its shares in past 6 months, showing an annual growth rate of -156.01% while that of industry is 18.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -17.96% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 144.65M for the same. And 4 analysts are in estimates of company making revenue of 179.21M in the next quarter. Company posted 177.44M and 209.47M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 75.55% while estimates for its earnings growth in next 5 years are of -2.96%.

Vacasa Inc (NASDAQ:VCSA)’s Major holders

Insiders are in possession of 12.96% of company’s total shares while institution are holding 70.59 percent of that, with stock having share float percentage of 81.10%. Investors also watch the number of corporate investors in a company very closely, which is 70.59% institutions for Vacasa Inc that are currently holding shares of the company. ADAMS STREET PARTNERS LLC is the top institutional holder at VCSA for having 0.94 million shares of worth $4.57 million. And as of 2024-06-30, it was holding 6.9673 of the company’s outstanding shares.