NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free DESP Stock Alerts $11.19 -0.13 (-1.15%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$11.07▼$11.5550-Day Range$8.11▼$11.3252-Week Range$4.92▼$11.73Volume607,490 shsAverage Volume361,319 shsMarket Capitalization$739.21 millionP/E RatioN/ADividend YieldN/APrice Target$13.00 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 RatingBuy3.00 Rating ScoreUpside/Downside28.1% Upside$14.33 Price TargetShort InterestHealthy0.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 30 Articles This WeekInsider TradingN/AProj. Earnings Growth38.64%From $0.44 to $0.61 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.3.25 out of 5 starsTransportation Sector84th out of 120 stocksTransportation Services Industry10th out of 17 stocks 3.5 Analyst's Opinion Consensus RatingDespegar.com has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.33, Despegar.com has a forecasted upside of 28.1% from its current price of $11.19.Amount of Analyst CoverageDespegar.com has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.42% 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 0.7, 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 0.60%, indicating that investor sentiment is improving. 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 0.45. 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 30 news articles for Despegar.com this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for DESP on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows4 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 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 InsidersOnly 1.20% of the stock of Despegar.com is held by insiders.Percentage Held by Institutions57.48% of the stock of Despegar.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 38.64% in the coming year, from $0.44 to $0.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Despegar.com is -43.04, 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 -43.04, 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 Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMarch 18, 2024 | uk.finance.yahoo.comKey Trends in Health & Wellness for 2024March 18, 2024 | uk.news.yahoo.comQE2 cruise ship staff travel from across the world for reunionMarch 18, 2024 | Colonial Metals (Ad)Central Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.March 18, 2024 | finance.yahoo.comDESP Jul 2024 5.000 putMarch 17, 2024 | uk.finance.yahoo.comDave Ramsey: 9 Hidden Costs of Hotel Stays when TravelingMarch 17, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Hits New 1-Year High at $11.36March 16, 2024 | finance.yahoo.comDespegar.com, Corp. (NYSE:DESP) Q4 2023 Earnings Call TranscriptMarch 16, 2024 | investorplace.comThe Clock is Ticking: 3 Stocks Set to Explode in the Next QuarterMarch 18, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 16, 2024 | finance.yahoo.comDESP Apr 2024 7.500 putMarch 16, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Shares Gap Up to $9.61March 15, 2024 | benzinga.comEarnings Preview For Despegar.comMarch 15, 2024 | marketwatch.comDespegar.com Shares Rise 11% After Posting 4Q Revenue IncreaseMarch 15, 2024 | americanbankingnews.comEquities Analysts Issue Forecasts for Despegar.com, Corp.'s FY2028 Earnings (NYSE:DESP)March 14, 2024 | benzinga.comRecap: Despegar.com Q4 EarningsMarch 14, 2024 | msn.comDespegar.com reports Q4 resultsMarch 14, 2024 | msn.comDESP Stock Earnings: Despegar.com Misses EPS, Beats Revenue for Q4 2023March 14, 2024 | businesswire.comDespegar.com Announces 4Q23 and FY23 Financial ResultsMarch 13, 2024 | msn.comTarget Hospitality GAAP EPS of $0.29 beats by $0.05, revenue of $126.22M beats by $8.22MMarch 12, 2024 | chron.comEl Ministerio ruso de Defensa dice que un avión de militar con 15 personas a bordo se ha estrellado al despegarMarch 12, 2024 | chron.comUn avión militar ruso se estrella al despegar con 15 personas a bordoMarch 9, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Receives New Coverage from Analysts at Cantor FitzgeraldMarch 7, 2024 | skift.comWe Tested New AI Trip Planners From Despegar and Kayak: Fewer Errors, Still BuggyMarch 7, 2024 | realmoney.thestreet.comDespegar.com initiated with bullish view at Cantor FitzgeraldMarch 7, 2024 | investorplace.comTurn $500 into a Fortune: 3 Top Stock Picks for March's Million-Dollar RallyMarch 6, 2024 | stockhouse.comDespegar revolutionizes the tourism industry introducing the region's first Generative AI Travel AssistantMarch 5, 2024 | businesswire.comDespegar.com to Announce Fourth Quarter 2023 Financial Results on March 14, 2024See 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 Earnings11/17/2021Today3/18/2024Next Earnings (Estimated)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/AEmployees4,543Year FoundedN/APrice Target and Rating Average Stock Price Target$14.33 High Stock Price Target$16.00 Low Stock Price Target$13.00 Potential Upside/Downside+16.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio25.43 P/E GrowthN/ANet Income$-68,520,000.00 Net Margins1.83% Pretax Margin1.85% Return on Equity-13.01% Return on Assets1.81% Debt Debt-to-Equity RatioN/A Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$537.97 million Price / Sales1.37 Cash FlowN/A Price / Cash FlowN/A Book Value($1.92) per share Price / Book-5.83Miscellaneous Outstanding Shares66,060,000Free Float65,263,000Market Cap$739.21 million OptionableOptionable Beta2.01 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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. 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 Mr. Alexandre MosheCEO of Decolar in BrazilMore ExecutivesKey CompetitorsDasekeNASDAQ:DSKERXONYSE:RXOArdmore ShippingNYSE:ASCTeekayNYSE:TKCovenant Logistics GroupNASDAQ:CVLGView All CompetitorsInstitutional OwnershipTucker Asset Management LLCBought 4,250 shares on 3/4/2024Ownership: 0.006%Goldman Sachs Group Inc.Bought 27,792 shares on 3/1/2024Ownership: 0.096%GSA Capital Partners LLPBought 74,007 shares on 2/16/2024Ownership: 0.112%Occudo Quantitative Strategies LPSold 3,768 shares on 2/15/2024Ownership: 0.038%Oberweis Asset Management Inc.Bought 22,500 shares on 2/15/2024Ownership: 0.034%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DESP shares. View DESP analyst ratings or view top-rated stocks. What is Despegar.com's stock price target for 2024? 3 equities research analysts have issued 12 month target prices for Despegar.com's stock. Their DESP share price targets range from $13.00 to $16.00. On average, they predict the company's stock price to reach $14.33 in the next year. This suggests a possible upside of 28.1% 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 at the beginning of 2024. Since then, DESP stock has increased by 18.3% and is now trading at $11.19. View the best growth stocks for 2024 here. Are investors shorting Despegar.com? Despegar.com saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 232,900 shares, an increase of 24.7% from the January 31st total of 186,800 shares. Based on an average daily volume of 327,600 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold. View Despegar.com's Short Interest. When is Despegar.com's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our DESP earnings forecast. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) announced its earnings results on Wednesday, November, 17th. The company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by $0.06. The business had revenue of $83.37 million for the quarter, compared to the consensus estimate of $74.70 million. Despegar.com had a negative trailing twelve-month return on equity of 13.01% and a net margin of 1.83%. During the same quarter in the previous year, the business earned ($0.41) earnings per share. 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).Global X MSCI Argentina ETF (ARGT). What guidance has Despegar.com issued on next quarter's earnings? Despegar.com issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. 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 $795.8 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? (DESP) raised $314 million in an initial public offering 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 Bares Capital Management Inc. (3.15%), Artisan Partners Limited Partnership (2.93%), Fourth Sail Capital LP (2.07%), Norges Bank (1.06%), Sylebra Capital LLC (0.76%) and TimesSquare Capital Management LLC (0.60%). 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 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingBill Gates Bets on $15 Trillion BonanzaWeiss RatingsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Despegar.com, Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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