NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis $11.71 +0.01 (+0.09%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$11.53▼$11.9650-Day Range$11.70▼$15.2452-Week Range$6.09▼$15.82Volume722,282 shsAverage Volume877,550 shsMarket Capitalization$773.56 millionP/E RatioN/ADividend YieldN/APrice Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Despegar.com alerts: Email Address Despegar.com MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside36.6% Upside$16.00 Price TargetShort InterestBearish9.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.41Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth45.78%From $0.83 to $1.21 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.3.28 out of 5 starsTransportation Sector64th out of 120 stocksTransportation Services Industry7th out of 17 stocks 3.4 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 1.0 Short Interest Percentage of Shares Shorted9.90% 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 4.7.Change versus previous monthShort interest in Despegar.com has recently increased by 171.78%, indicating that investor sentiment is decreasing 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 2.4 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.41. 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 Interest8 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 InsidersOnly 1.20% of the stock of Despegar.com is held by insiders.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 3.1 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 45.78% in the coming year, from $0.83 to $1.21 per share.Price to Earnings Growth RatioDespegar.com has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.Read more about Despegar.com's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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 HeadlinesJuly 24 at 1:06 PM | barrons.comUn Avión Se Estrella En Nepal Al Despegar Con 19 Personas A Bordo, Dice Prensa LocalJuly 24 at 3:04 AM | msn.comAvión con 19 personas a bordo se sale de la pista y se estrella en aeropuerto en NepalJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23 at 5:02 PM | msn.comReguladores de EEUU investigan a Delta por cancelaciones de vuelos tras apagón tecnológicoJuly 23 at 5:02 PM | msn.comDos muertos al estrellarse un avión pequeño tras despegar del aeropuerto de Long IslandJuly 22, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) PT Raised to $15.00 at CitigroupJuly 22, 2024 | theglobeandmail.comAs peak vacation season arrives, here’s why some are bullish on travel stocksJuly 8, 2024 | seekingalpha.comDespegar: Cheap And Worth A Buy, But Be Mindful Of FX RisksJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 20, 2024 | businesswire.comDespegar Publishes 2023 ESG ReportJune 17, 2024 | investorplace.comMillionaire's Choice: 3 Stocks to Buy Now for Explosive GrowthJune 14, 2024 | investorplace.comThe Top 7 Stocks to Buy for 2024's Second HalfJune 14, 2024 | investorplace.comThe 3 Best Travel Stocks to Buy in June 2024May 29, 2024 | msn.comEl líder norcoreano reafirma sus ambiciones de satélites tras un lanzamiento fallidoMay 29, 2024 | seekingalpha.comDespegar.com Is Growing Profitably, But The Price Is ExcessiveMay 27, 2024 | seekingalpha.comDespegar.com: Brazil Continues To Lead GrowthMay 26, 2024 | finance.yahoo.comDespegar.com's (NYSE:DESP) investors will be pleased with their stellar 125% return over the last yearMay 21, 2024 | msn.comDespegar’s (NYSE:DESP) Stock Soars on Post-Pandemic Travel BoomSee 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 Earnings5/16/2024Today7/26/2024Next Earnings (Estimated)8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Transportation services Sub-IndustryTransportation 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$16.00 High Stock Price Target$19.00 Low Stock Price Target$13.00 Potential Upside/Downside+38.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E Ratio13.95 P/E Growth0.56Net Income$24.49 million Net Margins5.41% Pretax Margin7.35% Return on Equity-44.06% Return on Assets5.72% Debt Debt-to-Equity RatioN/A Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$706.04 million Price / Sales1.08 Cash Flow$1.33 per share Price / Cash Flow8.70 Book Value($1.90) per share Price / Book-6.09Miscellaneous Outstanding Shares66,060,000Free Float65,263,000Market Cap$764.97 million OptionableOptionable Beta2.01 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsGlobal Business Travel GroupNYSE:GBTGCorporación América AirportsNYSE:CAAPInternational SeawaysNYSE:INSWWheels Up ExperienceNYSE:UPBW LPGNYSE:BWLPView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 197,904 shares on 7/26/2024Ownership: 0.300%LRI Investments LLCBought 6,586 shares on 7/24/2024Ownership: 0.010%Coronation Fund Managers Ltd.Bought 1,185,148 shares on 7/18/2024Ownership: 1.794%Baader Bank AktiengesellschaftBought 15,500 shares on 7/17/2024Ownership: 0.058%SG Americas Securities LLCBought 151,640 shares on 7/12/2024Ownership: 0.230%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions How have DESP shares performed this year? Despegar.com's stock was trading at $9.46 at the start of the year. Since then, DESP stock has increased by 23.8% and is now trading at $11.71. View the best growth stocks for 2024 here. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) released its quarterly earnings data on Thursday, May, 16th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.06. The business earned $173.66 million during the quarter, compared to the consensus estimate of $172.23 million. Despegar.com had a negative trailing twelve-month return on equity of 44.06% and a net margin of 5.41%. 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. 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 served 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? Top institutional shareholders of Despegar.com include Coronation Fund Managers Ltd. (1.79%), Bank of New York Mellon Corp (0.30%), SG Americas Securities LLC (0.23%) and Baader Bank Aktiengesellschaft (0.06%). 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. What other stocks do shareholders of Despegar.com own? Based on aggregate information from My MarketBeat watchlists, some other companies that Despegar.com investors own include Allena Pharmaceuticals (ALNA), Autolus Therapeutics (AUTL), Invesco (IVZ), Sorrento Therapeutics (SRNE), Akari Therapeutics (AKTX), Avadel Pharmaceuticals (AVDL). This page (NYSE:DESP) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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