NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → 348 million Americans lives to END as we know it? (From The Oxford Club) (Ad) Free desp Stock Alerts $12.51 +0.13 (+1.05%) (As of 05/16/2024 ET) Add Compare Share Share Today's Range$12.40▼$12.7850-Day Range$9.54▼$13.3852-Week Range$5.35▼$13.59Volume958,066 shsAverage Volume671,666 shsMarket Capitalization$826.41 millionP/E RatioN/ADividend YieldN/APrice Target$14.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Despegar.com alerts: Email Address Despegar.com MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside14.9% Upside$14.38 Price TargetShort InterestHealthy0.67% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth26.74%From $0.86 to $1.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.81 out of 5 starsTransportation Sector68th out of 117 stocksTransportation Services Industry7th out of 15 stocks 2.4 Analyst's Opinion Consensus RatingDespegar.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageDespegar.com has only been the subject of 3 research reports in the past 90 days.Read more about Despegar.com's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.67% of the float of Despegar.com has been sold short.Short Interest Ratio / Days to CoverDespegar.com has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Despegar.com has recently decreased by 66.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDespegar.com does not currently pay a dividend.Dividend GrowthDespegar.com does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DESP. Previous Next 2.5 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest9 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -18% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Despegar.com insiders have not sold or bought any company stock.Percentage Held by Institutions67.93% of the stock of Despegar.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Despegar.com's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 26.74% in the coming year, from $0.86 to $1.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Despegar.com is -48.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Despegar.com is -48.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceCrypto Pioneer Says: “The last crypto bull market has begun.”Right now, there’s over $6 trillion in potential investment money waiting on the sidelines. That means this crypto bull market has a lot more room to run before it comes close to being a bubble.Click here if you’d like to learn more about these five cryptos… About Despegar.com Stock (NYSE:DESP)Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business. It sells airline tickets, travel packages, hotel rooms, car rentals, bus and cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, it offers loan origination services to its travel business' customers and to customers of other merchants in various industries; processing, fraud identification, credit scoring and IT services to travel business, and to third-party merchants; and Koin, an online payment and consumer lending services platform. The company offers travel products and services under the Despegar, Decolar, Best Day, BD Experience, and HotelDo brands. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina.Read More DESP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DESP Stock News HeadlinesMay 16 at 9:48 PM | msn.comDespegar.com reports Q1 resultsMay 16 at 9:48 PM | businesswire.com1Q24May 16 at 9:04 PM | investorplace.comDESP Stock Earnings: Despegar.com Beats EPS, Beats Revenue for Q1 2024May 16 at 4:07 PM | businesswire.comDespegar.com Announces 1Q24 Financial ResultsMay 16 at 8:27 AM | msn.comStocks Rise Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on TapMay 15 at 8:00 AM | investorplace.com3 Stocks That Can Turn $1,000 into $10,000 Faster Than You ThinkMay 14 at 6:49 PM | benzinga.comEarnings Breakdown: Hyatt Hotels Q1May 9, 2024 | americanbankingnews.comDespegar.com (DESP) to Release Quarterly Earnings on ThursdayMay 7, 2024 | businesswire.comDespegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024May 1, 2024 | investorplace.com3 Stocks That Could Turn $5K Into a FortuneApril 30, 2024 | msn.comCitigroup Downgrades Despegar.com (DESP)April 29, 2024 | msn.comPaíses de la OTAN no han dado a Ucrania la ayuda prometida, dice jefe de la alianzaApril 29, 2024 | finance.yahoo.comAnalysts Are Optimistic We'll See A Profit From Despegar.com, Corp. (NYSE:DESP)April 26, 2024 | businesswire.comDespegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023April 26, 2024 | msn.comParís cerrará espacio aéreo para salvaguardar apertura de los Juegos OlímpicosApril 24, 2024 | msn.comBonos de Ecuador repuntan tras apoyo a medidas antidelincuencia de Noboa en referéndumApril 24, 2024 | msn.comEl sistema de salud de Haití se tambalea con pocas reservas, hospitales atacados y puertos cerradosApril 21, 2024 | finance.yahoo.comDespegar.com, Corp. (DESP)April 12, 2024 | investorplace.com3 Sleeper Stocks Poised to Outperform the Market by 2026April 9, 2024 | investorplace.com3 Under-the-Radar Stocks With Explosive Growth ProspectsApril 4, 2024 | finance.yahoo.comDespegar Celebrates 25 Years Transforming Latin America’s Travel Industry Through InnovationApril 4, 2024 | businesswire.comDespegar Celebrates 25 Years Transforming Latin America's Travel Industry Through InnovationMarch 30, 2024 | msn.comJakub Hrones hace historia en el snowboard con una maniobra espectacularMarch 28, 2024 | investorplace.comFuture Titans: Invest in These 3 Tech Stocks Before It's too LateMarch 25, 2024 | seekingalpha.comDespegar: The Booking Holdings Of Latin America With More Catalysts And GrowthSee More Headlines Receive DESP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Despegar.com and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/17/2021Today5/16/2024Next Earnings (Confirmed)5/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Transportation services Sub-IndustryN/A Current SymbolNYSE:DESP Previous SymbolNASDAQ:DESP CUSIPN/A CIK1703141 Webwww.despegar.com.ar Phone541148943500FaxN/AEmployees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$14.38 High Stock Price Target$16.00 Low Stock Price Target$13.00 Potential Upside/Downside+14.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio14.55 P/E GrowthN/ANet Income$24.49 million Net Margins3.37% Pretax Margin3.91% Return on Equity-23.75% Return on Assets3.20% Debt Debt-to-Equity RatioN/A Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$706.04 million Price / Sales1.17 Cash Flow$1.06 per share Price / Cash Flow11.79 Book Value($1.90) per share Price / Book-6.58Miscellaneous Outstanding Shares66,060,000Free FloatN/AMarket Cap$826.41 million OptionableOptionable Beta2.03 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Damian Scokin (Age 58)CEO & Director Mr. Martin Rastellino (Age 54)Co-Founder & Director Mr. Amit Singh (Age 46)Chief Financial Officer Mr. Mariano RocattiChief Operating OfficerMr. Gonzalo Garcia Estebarena (Age 44)Chief Technology Officer Natalia NirenbergHead of Investor RelationsMs. Monica Alexandra Soares da Silva (Age 50)General Counsel Andrés PatettaChief Marketing OfficerMr. Sebastian Mackinnon (Age 53)Chief Travel Partners & Corporate Affairs Mr. Pablo Montivero Araya (Age 55)Chief Business Development Officer More ExecutivesKey CompetitorsRXONYSE:RXOGlobal Business Travel GroupNYSE:GBTGTeekayNYSE:TKControladora Vuela Compañía de AviaciónNYSE:VLRSTsakos Energy NavigationNYSE:TNPView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 379,079 shares on 5/17/2024Ownership: 0.574%SkyView Investment Advisors LLCBought 4,727 shares on 5/17/2024Ownership: 0.352%Adalta Capital Management LLCBought 10,000 shares on 5/17/2024Ownership: 0.015%Bares Capital Management Inc.Sold 339,703 shares on 5/16/2024Ownership: 2.633%Bayesian Capital Management LPBought 11,000 shares on 5/16/2024Ownership: 0.017%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DESP shares. View DESP analyst ratings or view top-rated stocks. What is Despegar.com's stock price target for 2024? 4 equities research analysts have issued 1-year price targets for Despegar.com's shares. Their DESP share price targets range from $13.00 to $16.00. On average, they predict the company's share price to reach $14.38 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View analysts price targets for DESP or view top-rated stocks among Wall Street analysts. How have DESP shares performed in 2024? Despegar.com's stock was trading at $9.46 on January 1st, 2024. Since then, DESP shares have increased by 32.2% and is now trading at $12.51. View the best growth stocks for 2024 here. Are investors shorting Despegar.com? Despegar.com saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 367,800 shares, a decrease of 66.9% from the April 15th total of 1,110,000 shares. Based on an average daily volume of 772,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the shares of the stock are short sold. View Despegar.com's Short Interest. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) issued its quarterly earnings results on Wednesday, November, 17th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.32) by $0.06. The company had revenue of $83.37 million for the quarter, compared to the consensus estimate of $74.70 million. Despegar.com had a net margin of 3.37% and a negative trailing twelve-month return on equity of 23.75%. During the same period in the prior year, the business earned ($0.41) EPS. What ETFs hold Despegar.com's stock? ETFs with the largest weight of Despegar.com (NYSE:DESP) stock in their portfolio include Amplify Travel Tech ETF (AWAY), Matthews Emerging Markets ex China Active ETF (MEMX) and Global X MSCI Argentina ETF (ARGT).FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ). What guidance has Despegar.com issued on next quarter's earnings? Despegar.com issued an update on its FY 2024 earnings guidance on Thursday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $820.0 million-, compared to the consensus revenue estimate of $821.7 million. What is Damian Scokin's approval rating as Despegar.com's CEO? 90 employees have rated Despegar.com Chief Executive Officer Damian Scokin on Glassdoor.com. Damian Scokin has an approval rating of 72% among the company's employees. What other stocks do shareholders of Despegar.com own? Based on aggregate information from My MarketBeat watchlists, some companies that other Despegar.com investors own include Allena Pharmaceuticals (ALNA), Autolus Therapeutics (AUTL), Invesco (IVZ), Sorrento Therapeutics (SRNE), Akari Therapeutics (AKTX), Avadel Pharmaceuticals (AVDL), BorgWarner (BWA) and electroCore (ECOR). When did Despegar.com IPO? Despegar.com (DESP) raised $314 million in an IPO on Wednesday, September 20th 2017. The company issued 12,800,000 shares at $23.00-$26.00 per share. Morgan Stanley and Citigroup acted as the underwriters for the IPO and Itau BBA, UBS Investment Bank, Cowen and KeyBanc Capital Markets were co-managers. Who are Despegar.com's major shareholders? Despegar.com's stock is owned by many different retail and institutional investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (4.86%), Bares Capital Management Inc. (2.63%), Sylebra Capital LLC (2.57%), TimesSquare Capital Management LLC (0.70%), Yarra Square Partners LP (0.58%) and Tidal Investments LLC (0.57%). How do I buy shares of Despegar.com? Shares of DESP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:DESP) was last updated on 5/17/2024 by MarketBeat.com Staff From Our Partners348 million Americans lives to END as we know it?The Oxford ClubCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceInvest in the "Trojan Horse" of Alzheimer's TreatmentBehind the MarketsHow Biden has already won 2024Porter & CompanyA once-in-a-century investment opportunityStansberry ResearchCharles Payne Demystifies OptionsUnstoppable ProsperityBiden FINISHED On June 13th?Paradigm PressWhy Is Gold On a MASSIVE rally? 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