Vasta Platform (VSTA) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vasta Platform in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VSTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VSTA, but not buy additional shares or sell existing shares.
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2 brokerages have issued 12 month price objectives for Vasta Platform's stock. Their VSTA share price forecasts range from $5.50 to $6.00. On average, they expect the company's share price to reach $5.75 in the next twelve months. This suggests a possible upside of 76.9% from the stock's current price.
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Vasta Platform's stock was trading at $4.00 at the beginning of 2023. Since then, VSTA stock has decreased by 18.8% and is now trading at $3.25.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our VSTA earnings forecast.

Vasta Platform Limited (NASDAQ:VSTA) announced its quarterly earnings data on Thursday, November, 11th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.69. The business earned $24.34 million during the quarter. Vasta Platform had a negative net margin of 6.34% and a positive trailing twelve-month return on equity of 0.23%. During the same quarter last year, the company earned ($999.00) EPS.

Vasta Platform issued an update on its first quarter 2023 earnings guidance on Thursday, March, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $76.00 million-$79.85 million, compared to the consensus revenue estimate of $88.28 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vasta Platform investors own include NVIDIA (NVDA), Boeing (BA), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Alibaba Group (BABA), CVS Health (CVS), DocuSign (DOCU), Gilead Sciences (GILD) and GrowGeneration (GRWG).

(VSTA) raised $307 million in an initial public offering (IPO) on Friday, July 31st 2020. The company issued 18,600,000 shares at a price of $15.50-$17.50 per share. Goldman Sachs, BofA Securities, Morgan Stanley and Itau BBA acted as the underwriters for the IPO and UBS Investment Bank and Bradesco BBI were co-managers.

Vasta Platform trades on the NASDAQ under the ticker symbol "VSTA."

Vasta Platform's stock is owned by a variety of institutional and retail investors. Top institutional investors include Newfoundland Capital Management (3.63%) and Van ECK Associates Corp (0.83%).

Shares of VSTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VSTA stock can currently be purchased for approximately $3.25.

Vasta Platform (NASDAQ:VSTA) has a market capitalization of $268.61 million and generates $244.87 million in revenue each year. The company earns $-10,570,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.

The company employs 1,926 workers across the globe.

Vasta Platform's mailing address is AVENIDA PAULISTA 1106 10TH FLOOR BELA VISTA, SAO PAULO D5, 01310. The official website for the company is www.vastaedu.com.br. The company can be reached via phone at 55-11-3133-7311 or via email at ri@somoseducacao.com.