Positive News SentimentPositive NewsNYSE:DESP Despegar.com (DESP) Stock Forecast, Price & News $6.65 +0.01 (+0.15%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$6.54▼$6.8250-Day Range$5.10▼$6.6752-Week Range$4.44▼$9.61Volume337,836 shsAverage Volume271,675 shsMarket Capitalization$439.27 millionP/E RatioN/ADividend YieldN/APrice Target$7.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Despegar.com MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside18.4% Upside$7.88 Price TargetShort InterestHealthy1.53% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth125.00%From $0.12 to $0.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.14 out of 5 starsTransportation Sector69th out of 120 stocksTransportation Services Industry8th out of 17 stocks 2.4 Analyst's Opinion Consensus RatingDespegar.com has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.88, Despegar.com has a forecasted upside of 18.4% from its current price of $6.65.Amount of Analyst CoverageDespegar.com has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.53% 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 3, 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 12.38%, 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 1.54. 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 is a higher news sentiment than the 0.54 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 1 news article for Despegar.com this week, compared to 2 articles on an average week. 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 Institutions55.84% 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 125.00% in the coming year, from $0.12 to $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Despegar.com is -7.82, 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 -7.82, 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 About Despegar.com (NYSE:DESP) StockDespegar.com Corp. is an online travel company, which engages in providing online travel agency services. It offers tours and corporate packages to destinations such as Paris, Cancun, Rio de Janeiro, Rome, Barcelona, and Las Vegas, as well as vehicle rentals and hotel bookings. The company was founded by Roberto Hernán Souviron, Federico Fuchs, Ernesto Cadeiras, and Christian Vilate in December 1999 and is headquartered in Buenos Aires, Argentina.Read More 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 DESP Stock News HeadlinesMay 24, 2023 | finance.yahoo.comDespegar.com, Corp. (NYSE:DESP): When Will It Breakeven?May 19, 2023 | finance.yahoo.comWhy Despegar Was a High-Flying Stock This WeekJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 19, 2023 | seekingalpha.comDESP Despegar.com, Corp.May 18, 2023 | msn.comDespegar.com Q1: 41% Revenue Jump, Solid Gross Bookings, Recovering Demand For International Traffic & MoreMay 18, 2023 | apnews.comDespegar.com: Q1 Earnings SnapshotMay 18, 2023 | msn.comDespegar.com GAAP EPS of -$0.10, revenue of $158.7M beats by $2.8MMay 18, 2023 | markets.businessinsider.comDespegar.com Posts Narrower Loss In Q1, Revenues Up 41%; Reaffirms Annual GuidanceJune 4, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 18, 2023 | finance.yahoo.comDespegar.com Announces 1Q23 Financial ResultsMay 17, 2023 | msn.comDespegar.com's Earnings OutlookMay 16, 2023 | americanbankingnews.comDespegar.com (DESP) Set to Announce Quarterly Earnings on ThursdayMay 5, 2023 | finance.yahoo.comDespegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022April 27, 2023 | finance.yahoo.comDespegar.com Announces First Quarter 2023 Financial Results Call and WebcastApril 21, 2023 | americanbankingnews.comDespegar.com, Corp. (NYSE:DESP) Short Interest Up 16.6% in MarchApril 17, 2023 | finance.yahoo.comWill Despegar.com (DESP) Gain on Rising Earnings Estimates?April 13, 2023 | finance.yahoo.comWall Street Analysts See a 25.45% Upside in Despegar.com (DESP): Can the Stock Really Move This High?March 28, 2023 | finance.yahoo.comBears are Losing Control Over Despegar.com (DESP), Here's Why It's a 'Buy' NowMarch 22, 2023 | finance.yahoo.comDespegar.com (DESP) Moves to Buy: Rationale Behind the UpgradeMarch 20, 2023 | finance.yahoo.comDespegar.com, Corp. (NYSE:DESP) Q4 2022 Earnings Call TranscriptMarch 16, 2023 | finance.yahoo.comDespegar.com (DESP) Reports Q4 Loss, Lags Revenue EstimatesMarch 16, 2023 | finance.yahoo.comDespegar.com Announces 4Q22 Financial ResultsMarch 3, 2023 | finance.yahoo.comDespegar.com Announces Organizational ChangesJanuary 24, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover Despegar.com (DESP)January 9, 2023 | finance.yahoo.comDespegar Announces Participation in Morgan Stanley Conference and Brazil Non-deal Roadshow Organized by CitiDecember 24, 2022 | finance.yahoo.comDespegar.com, Corp. (NYSE:DESP) Q3 2022 Earnings Call TranscriptDecember 20, 2022 | finance.yahoo.comHere's Why Despegar.com (DESP) Looks Ripe for Bottom FishingSee More Headlines DESP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DESP Company Calendar Last Earnings5/18/2023Today6/03/2023Next Earnings (Estimated)8/17/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Transportation services Sub-IndustryN/A SectorTransportation Current SymbolNYSE:DESP Previous SymbolNASDAQ:DESP CUSIPN/A CIK1703141 Webwww.despegar.com.ar Phone541148943500FaxN/AEmployees4,543Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.88 High Stock Price Forecast$10.50 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+18.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.85) Trailing P/E RatioN/A Forward P/E Ratio55.42 P/E GrowthN/ANet Income$-68,520,000.00 Net Margins-6.56% Pretax Margin-6.97% Return on EquityN/A Return on Assets-4.66% Debt Debt-to-Equity RatioN/A Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$584.27 million Price / Sales0.75 Cash FlowN/A Price / Cash FlowN/A Book Value($1.94) per share Price / Book-3.43Miscellaneous Outstanding Shares66,056,000Free Float65,263,000Market Cap$439.27 million OptionableNot Optionable Beta1.93 Key ExecutivesDamián Scokin RimoloChief Executive Officer & Executive DirectorMaria Bettina ZubinChief Financial Officer & ControllerGonzalo García EstebarenaChief Technology OfficerSebastián MackinnonChief Travel Partners & Corporate AffairsLuca PfeiferVice President-Investor RelationsKey CompetitorsDasekeNASDAQ:DSKEHawaiianNASDAQ:HALogistics Innovation TechnologiesNASDAQ:LITTGasLog PartnersNYSE:GLOPSafe BulkersNYSE:SBView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 16,209 shares on 5/18/2023Ownership: 0.630%SkyView Investment Advisors LLCBought 243,613 shares on 5/18/2023Ownership: 0.369%KB Financial Partners LLCBought 185,909 shares on 5/17/2023Ownership: 0.281%Sapience Investments LLCSold 74,020 shares on 5/16/2023Ownership: 1.735%Susquehanna International Group LLPBought 41,599 shares on 5/16/2023Ownership: 0.063%View All Institutional Transactions DESP Stock - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 4 Wall Street 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 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 forecast for 2023? 4 Wall Street research analysts have issued 12-month target prices for Despegar.com's shares. Their DESP share price forecasts range from $6.00 to $10.50. On average, they anticipate the company's stock price to reach $7.88 in the next year. This suggests a possible upside of 18.4% 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 2023? Despegar.com's stock was trading at $5.13 at the start of the year. Since then, DESP stock has increased by 29.6% and is now trading at $6.65. View the best growth stocks for 2023 here. Are investors shorting Despegar.com? Despegar.com saw a drop in short interest in April. As of April 30th, there was short interest totaling 986,800 shares, a drop of 8.6% from the April 15th total of 1,080,000 shares. Based on an average trading volume of 279,000 shares, the short-interest ratio is currently 3.5 days. Currently, 1.8% of the shares of the stock are sold short. 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, August 17th 2023. View our DESP earnings forecast. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) posted its quarterly earnings data on Thursday, May, 18th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by $0.11. The company had revenue of $158.71 million for the quarter, compared to the consensus estimate of $153.13 million. What ETFs hold Despegar.com's stock? ETFs with the largest weight of Despegar.com (NYSE:DESP) stock in their portfolio include ETFMG Travel Tech ETF (AWAY), Global X MSCI Argentina ETF (ARGT) and FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ).Emerging Markets Internet & Ecommerce ETF (EMQQ). What guidance has Despegar.com issued on next quarter's earnings? Despegar.com issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $640.00 million-$700.00 million, compared to the consensus revenue estimate of $632.31 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), Ampio Pharmaceuticals (AMPE), Avadel Pharmaceuticals (AVDL), BorgWarner (BWA) and electroCore (ECOR). When did Despegar.com IPO? (DESP) raised $314 million in an IPO on Wednesday, September 20th 2017. The company issued 12,800,000 shares at a price of $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. What is Despegar.com's stock symbol? Despegar.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "DESP." Who are Despegar.com's major shareholders? Despegar.com's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Moerus Capital Management LLC (6.91%), Mitsubishi UFJ Trust & Banking Corp (5.05%), Medina Value Partners LLC (3.32%), Bares Capital Management Inc. (3.22%), Artisan Partners Limited Partnership (3.10%) and Sapience Investments LLC (1.73%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Despegar.com's stock price today? One share of DESP stock can currently be purchased for approximately $6.65. How much money does Despegar.com make? Despegar.com (NYSE:DESP) has a market capitalization of $439.27 million and generates $584.27 million in revenue each year. The company earns $-68,520,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. How many employees does Despegar.com have? The company employs 4,543 workers across the globe. How can I contact Despegar.com? Despegar.com's mailing address is JUANA MANSO 999, BUENOS AIRES C1, C1107CBR. The official website for the company is www.despegar.com.ar. The company can be reached via phone at 541148943500. This page (NYSE:DESP) was last updated on 6/4/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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