Vasta Platform (VSTA) Scheduled to Post Earnings on Friday

Vasta Platform (NASDAQ:VSTA) is set to post its quarterly earnings results before the market opens on Friday, May 14th.

Shares of VSTA traded down $0.03 during trading hours on Wednesday, reaching $8.44. The stock had a trading volume of 5,077 shares, compared to its average volume of 109,206. Vasta Platform has a 52 week low of $7.44 and a 52 week high of $22.35. The firm has a 50-day moving average of $9.60 and a 200 day moving average of $12.71.

A number of analysts recently commented on the stock. Itau BBA Securities started coverage on shares of Vasta Platform in a research report on Tuesday, April 20th. They issued an “outperform” rating and a $16.00 price objective for the company. Morgan Stanley lowered their target price on Vasta Platform from $20.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, May 6th. They noted that the move was a valuation call. Finally, Bank of America cut Vasta Platform from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $21.50 to $12.00 in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $18.00.

About Vasta Platform

Vasta Platform Limited, an education company, provides educational and digital solutions to private schools operating in the K-12 educational sector in Brazil. The company operates in two segments, Content & EdTech Platform and Digital Platform. The Content & EdTech Platform segment offers core and complementary educational content solutions through digital and printed content, including textbooks, learning systems, and other complimentary educational services.

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