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Hot Stocks
Vasta Platform acquires Redacao Nota 1000 » 06:59
05/27/21
05/27
06:59
05/27/21
06:59
VSTA

Vasta Platform

$8.15 /

-0.26 (-3.09%)

Vasta Platform, through…

Vasta Platform, through its wholly-owned subsidiary Somos Sistemas de Ensino, acquired Nota 1000 Servicos Educacionais. Redacao Nota 1000 provides individual and automated essay review services, through a license of its "software as a service" platform. Founded in 2014, Redacao Nota 1000 has provided services to over 270 schools and 700,000 students, with more than 1.3 million essays reviewed. Redacao Nota 1000 expects to record net revenue of R$4.9M in 2021.Redacao Nota 1000 will also provide significant product enhancement for core brands with the incorporation of Redacao Nota 1000 solutions for reviewing essays within Vasta's K-12 school platform.

ShowHide Related Items >><<
VSTA Vasta Platform
$8.15 /

-0.26 (-3.09%)

VSTA Vasta Platform
$8.15 /

-0.26 (-3.09%)

05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/06/21 Morgan Stanley
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley
05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
VSTA Vasta Platform
$8.15 /

-0.26 (-3.09%)

  • 31
    Jul
Over a month ago
Earnings
Vasta Platform reports Q1 revenue R$280.8M vs. R$392.4M last year » 08:30
05/14/21
05/14
08:30
05/14/21
08:30
VSTA

Vasta Platform

$7.98 /

-0.155 (-1.91%)

The company said,…

The company said, "As we started 2021, at the same time we celebrated the success of our commercial cycle - when we delivered a 23% organic growth in the annual contract value (ACV) -, a second wave of Covid-19 in Brazil, much more severe than the first of 2020, materially impacted the perspectives for the present commercial year. Differently from 2020, when the first wave hit the country when children were already enrolled and most of materials for that school year were already delivered, the second wave emerged precisely when the peak of enrollments at private schools occurs, adding to an already fragile macroeconomic outlook, bringing more challenges than we could have anticipated. The once small decrease in the number of private education students noticed in 2020 likely turned into a more pronounced decline, thus leading to a frustration in our partner schools' expectations on student enrollment, and, consequently, a reduction in the number of collections we supply. This context will likely lead to a gap between the subscription revenue of 2021 commercial year and the ACV 2021. Like other times in Brazil's history, the unfavorable macroeconomic backdrop has impaired the sale of textbooks more severely, on the top of the reduction in the student number already commented. In these times, a greater volume of reuse and purchase of second-hand textbooks negatively affects the sale of new ones, and both our PAR learning systems and the regular sale of textbooks through retail channels were hit. In the past, demand always returned when the situation went back to normal, which suggests that these impacts are rather temporary than structural. That said, the subscription revenue captured in the 4T20 and 1T21 combined is better understood when we split traditional learning systems and complementary solutions and textbook subscription products. While revenue of ex-PAR subscription products grew 20% year-on-year in this period, just slightly below the 23% overall ACV growth, PAR revenue declined 16% in the same period. Looking forward, although the impacts on textbook chain may be just transitory, we plan to further intensify the ongoing migration from textbook products into learning systems. This strategy will enable us to increase even more the share of subscription revenue into our total revenue and capture higher margins."

ShowHide Related Items >><<
VSTA Vasta Platform
$7.98 /

-0.155 (-1.91%)

VSTA Vasta Platform
$7.98 /

-0.155 (-1.91%)

05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/06/21 Morgan Stanley
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley
05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
VSTA Vasta Platform
$7.98 /

-0.155 (-1.91%)

  • 31
    Jul
Earnings
Vasta Platform reports Q4 revenue R$280.8M vs. R$392.4M last year » 08:29
05/14/21
05/14
08:29
05/14/21
08:29
VSTA

Vasta Platform

$7.98 /

-0.155 (-1.91%)

The company said,…

The company said, "As we started 2021, at the same time we celebrated the success of our commercial cycle - when we delivered a 23% organic growth in the annual contract value (ACV) -, a second wave of Covid-19 in Brazil, much more severe than the first of 2020, materially impacted the perspectives for the present commercial year. Differently from 2020, when the first wave hit the country when children were already enrolled and most of materials for that school year were already delivered, the second wave emerged precisely when the peak of enrollments at private schools occurs, adding to an already fragile macroeconomic outlook, bringing more challenges than we could have anticipated. The once small decrease in the number of private education students noticed in 2020 likely turned into a more pronounced decline, thus leading to a frustration in our partner schools' expectations on student enrollment, and, consequently, a reduction in the number of collections we supply. This context will likely lead to a gap between the subscription revenue of 2021 commercial year and the ACV 2021. Like other times in Brazil's history, the unfavorable macroeconomic backdrop has impaired the sale of textbooks more severely, on the top of the reduction in the student number already commented. In these times, a greater volume of reuse and purchase of second-hand textbooks negatively affects the sale of new ones, and both our PAR learning systems and the regular sale of textbooks through retail channels were hit. In the past, demand always returned when the situation went back to normal, which suggests that these impacts are rather temporary than structural. That said, the subscription revenue captured in the 4T20 and 1T21 combined is better understood when we split traditional learning systems and complementary solutions and textbook subscription products. While revenue of ex-PAR subscription products grew 20% year-on-year in this period, just slightly below the 23% overall ACV growth, PAR revenue declined 16% in the same period. Looking forward, although the impacts on textbook chain may be just transitory, we plan to further intensify the ongoing migration from textbook products into learning systems. This strategy will enable us to increase even more the share of subscription revenue into our total revenue and capture higher margins."

ShowHide Related Items >><<
VSTA Vasta Platform
$7.98 /

-0.155 (-1.91%)

VSTA Vasta Platform
$7.98 /

-0.155 (-1.91%)

05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/06/21 Morgan Stanley
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley
05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
  • 31
    Jul
Downgrade
Vasta Platform downgraded to Neutral from Buy at BofA » 06:16
05/11/21
05/11
06:16
05/11/21
06:16
VSTA

Vasta Platform

$8.44 /

-0.565 (-6.28%)

, ARCE

Arco Platform

$26.50 /

-0.74 (-2.72%)

BofA analyst Roberto…

BofA analyst Roberto Otero downgraded Vasta Platform (VSTA) to Neutral from Buy with a price target of $12, down from $21.50 as part of a broader research note on Latin America private education. Last year saw a decline in K-12 enrollments due to the shutdown of on-site classes and a macro slowdown, but the search for private education has started to improve this year, the analyst tells investors in a research note. Otero prefers Arco (ARCE) to Vasta however, keeping his Buy rating and $45 price target on the stock, given the challenges for the latter around its non-subscription business lines.

ShowHide Related Items >><<
VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

ARCE Arco Platform
$26.50 /

-0.74 (-2.72%)

VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

05/11/21 BofA
Vasta Platform downgraded to Neutral from Buy at BofA
05/06/21 Morgan Stanley
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley
05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
04/14/21 Itau BBA
Vasta Platform initiated with an Outperform at Itau BBA
ARCE Arco Platform
$26.50 /

-0.74 (-2.72%)

05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight from Equal Weight at Morgan Stanley
09/02/20 UBS
Arco Platform upgraded to Buy from Neutral at UBS
07/08/20 Credit Suisse
Arco Platform upgraded to Outperform from Neutral at Credit Suisse
VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

ARCE Arco Platform
$26.50 /

-0.74 (-2.72%)

  • 09
    Sep
  • 31
    Jul
  • 03
    Jun
Downgrade
Vasta Platform downgraded to Neutral from Buy at BofA » 06:03
05/11/21
05/11
06:03
05/11/21
06:03
VSTA

Vasta Platform

$8.44 /

-0.565 (-6.28%)

BofA analyst Roberto…

BofA analyst Roberto Otero downgraded Vasta Platform to Neutral from Buy with a price target of $12, down from $21.50.

ShowHide Related Items >><<
VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

05/06/21 Morgan Stanley
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley
05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
04/14/21 Itau BBA
Vasta Platform initiated with an Outperform at Itau BBA
12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
VSTA Vasta Platform
$8.44 /

-0.565 (-6.28%)

  • 31
    Jul
Recommendations
Vasta Platform price target lowered to $14 from $20 at Morgan Stanley » 07:13
05/06/21
05/06
07:13
05/06/21
07:13
VSTA

Vasta Platform

$8.82 /

-0.41 (-4.44%)

Morgan Stanley analyst…

Morgan Stanley analyst Javier Martinez de Olcoz lowered the firm's price target on Vasta Platform (VSTA) to $14 from $20 and keeps an Overweight rating on the shares. Arco Platform (ARCE) and Vasta have both re-rated lower on lower growth and margin expectations, but given that school dynamics should normalize in the second half and that growth and margin expansion should return in 2022, he sees an attractive valuation opportunity in both names, Martinez De Olcoz tells investors. He continues to identify Vasta as his top pick in Brazil Learning Systems.

ShowHide Related Items >><<
VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight on valuation at Morgan Stanley
04/14/21 Itau BBA
Vasta Platform initiated with an Outperform at Itau BBA
12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
08/25/20 UBS
Vasta Platform initiated with a Buy at UBS
VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

  • 31
    Jul
Upgrade
Arco Platform upgraded to Overweight on valuation at Morgan Stanley » 07:11
05/06/21
05/06
07:11
05/06/21
07:11
ARCE

Arco Platform

$25.02 /

+0.43 (+1.75%)

, VSTA

Vasta Platform

$8.82 /

-0.41 (-4.44%)

As previously reported,…

As previously reported, Morgan Stanley analyst Javier Martinez De Olcoz upgraded Arco Platform (ARCE) to Overweight from Equal Weight with a price target of $32.50, down from $43.70. Arco and Vasta Platform (VSTA) have both re-rated lower on lower growth and margin expectations, but given that school dynamics should normalize in the second half and that growth and margin expansion should return in 2022, he sees an attractive valuation opportunity in both names, Martinez De Olcoz tells investors.

ShowHide Related Items >><<
VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

ARCE Arco Platform
$25.02 /

+0.43 (+1.75%)

ARCE Arco Platform
$25.02 /

+0.43 (+1.75%)

05/06/21 Morgan Stanley
Arco Platform upgraded to Overweight from Equal Weight at Morgan Stanley
09/02/20 UBS
Arco Platform upgraded to Buy from Neutral at UBS
07/08/20 Credit Suisse
Arco Platform upgraded to Outperform from Neutral at Credit Suisse
05/28/20 Credit Suisse
Arco Platform downgraded to Neutral from Outperform at Credit Suisse
VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

04/14/21 Itau BBA
Vasta Platform initiated with an Outperform at Itau BBA
12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
08/25/20 UBS
Vasta Platform initiated with a Buy at UBS
08/25/20 Morgan Stanley
Vasta Platform initiated with an Overweight at Morgan Stanley
VSTA Vasta Platform
$8.82 /

-0.41 (-4.44%)

ARCE Arco Platform
$25.02 /

+0.43 (+1.75%)

  • 09
    Sep
  • 31
    Jul
  • 03
    Jun
Initiation
Vasta Platform initiated with an Outperform at Itau BBA » 05:19
04/14/21
04/14
05:19
04/14/21
05:19
VSTA

Vasta Platform

$9.30 /

+ (+0.00%)

Itau BBA initiated…

Itau BBA initiated coverage of Vasta Platform with an Outperform rating and $16 price target.

ShowHide Related Items >><<
VSTA Vasta Platform
$9.30 /

+ (+0.00%)

VSTA Vasta Platform
$9.30 /

+ (+0.00%)

12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
08/25/20 UBS
Vasta Platform initiated with a Buy at UBS
08/25/20 Morgan Stanley
Vasta Platform initiated with an Overweight at Morgan Stanley
08/25/20 BofA
Vasta Platform initiated with a Buy at BofA
VSTA Vasta Platform
$9.30 /

+ (+0.00%)

  • 31
    Jul
Hot Stocks
Vasta Platform CFO Clovis Poggetti Junior resigns, Bruno Giardino to succeed » 18:30
04/12/21
04/12
18:30
04/12/21
18:30
VSTA

Vasta Platform

$9.30 /

+0.13 (+1.42%)

Vasta Platform announced…

Vasta Platform announced the resignation for personal reasons of Clovis Poggetti Junior as its CFO and investor relations officer and the appointment of Bruno Giardino to serve as the company's CFO and investor relations officer. Clovis Poggetti Junior will continue in the company until April 23, during which period he will transfer his activities to Bruno Giardino. Giardino joins the company after having served as the investor relations officer for the company's parent company, Cogna Educacao S.A., since March 2020.

ShowHide Related Items >><<
VSTA Vasta Platform
$9.30 /

+0.13 (+1.42%)

VSTA Vasta Platform
$9.30 /

+0.13 (+1.42%)

12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
08/25/20 UBS
Vasta Platform initiated with a Buy at UBS
08/25/20 Morgan Stanley
Vasta Platform initiated with an Overweight at Morgan Stanley
08/25/20 BofA
Vasta Platform initiated with a Buy at BofA
VSTA Vasta Platform
$9.30 /

+0.13 (+1.42%)

  • 31
    Jul
Over a quarter ago
Hot Stocks
Vasta Platform to acquire Editora Eleva for R$580M » 20:38
02/22/21
02/22
20:38
02/22/21
20:38
VSTA

Vasta Platform

$14.62 /

-0.48 (-3.18%)

Vasta Platform announced…

Vasta Platform announced the execution by its subsidiary, Somos Sistemas de Ensino S.A., of a Sale and Purchase Agreement to acquire Editora Eleva S.A., a K-12 education platform provider, from Eleva Educacao S.A.. As consideration for the Acquisition, Vasta will pay a purchase price amounting to R$ 580M, subject to certain price adjustments, in installments over a 5-year period, which corresponds to a multiple of 16.6x the EBITDA of Editora Eleva for the year ended on December 31, 2020. In addition to the Acquisition, Saber Servicos Educacionais S.A. , an affiliate of Cogna Educacao S.A. that operates the group's proprietary schools, agreed to sell, subject to certain conditions precedent, up to all of the K-12 schools owned by it to Eleva. Also, upon closing of the Acquisition, Somos Sistemas and Eleva will enter into a commercial agreement setting forth the main terms that will guide a long-term partnership with Eleva, including the sales of learning systems materials to approximately 90% of the students of the schools currently owned by Eleva, as well as any greenfield or newly-acquired schools with the same business profile and all schools that are acquired from Saber, during a period of 10 years. The commercial agreement also provides for a commercial discount amounting to R$15M per year, valid for the first 4 years after execution of the commercial agreement and granted by Somos Sistemas for the benefit of Eleva.

ShowHide Related Items >><<
VSTA Vasta Platform
$14.62 /

-0.48 (-3.18%)

VSTA Vasta Platform
$14.62 /

-0.48 (-3.18%)

12/17/20 Scotiabank
Vasta Platform initiated with an Outperform at Scotiabank
08/25/20 UBS
Vasta Platform initiated with a Buy at UBS
08/25/20 Morgan Stanley
Vasta Platform initiated with an Overweight at Morgan Stanley
08/25/20 BofA
Vasta Platform initiated with a Buy at BofA
VSTA Vasta Platform
$14.62 /

-0.48 (-3.18%)

  • 31
    Jul

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