Vacasa (VCSA – Research Report) received a Hold rating and price target from J.P. Morgan analyst Doug Anmuth yesterday. The company’s shares closed last Friday at $1.99.
According to TipRanks, Anmuth is a 5-star analyst with an average return of 14.8% and a 54.03% success rate. Anmuth covers the Technology sector, focusing on stocks such as Netflix, Snap, and ZipRecruiter.
In addition to J.P. Morgan, Vacasa also received a Hold from Goldman Sachs’s Eric Sheridan in a report issued on November 10. However, on the same day, Needham reiterated a Buy rating on Vacasa (NASDAQ: VCSA).
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Based on Vacasa’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $310.35 million and a net profit of $9.95 million. In comparison, last year the company earned a revenue of $237.61 million and had a GAAP net loss of $19.92 million
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VCSA in relation to earlier this year.
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TPG Pace Solutions Corp is a blank check company.
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