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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
NOTICE: Your retirement is in immediate danger (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
NOTICE: Your retirement is in immediate danger (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
NOTICE: Your retirement is in immediate danger (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
NOTICE: Your retirement is in immediate danger (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
NOTICE: Your retirement is in immediate danger (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
NOTICE: Your retirement is in immediate danger (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums

Despegar.com (DESP) Stock Forecast, Price & News

$6.65
+0.01 (+0.15%)
(As of 06/2/2023 ET)
Compare
Today's Range
$6.54
$6.82
50-Day Range
$5.10
$6.67
52-Week Range
$4.44
$9.61
Volume
337,836 shs
Average Volume
271,675 shs
Market Capitalization
$439.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.88

Despegar.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
18.4% Upside
$7.88 Price Target
Short Interest
Healthy
1.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
125.00%
From $0.12 to $0.27 Per Share

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 stars

Transportation Sector

69th out of 120 stocks

Transportation Services Industry

8th out of 17 stocks


DESP stock logo

About Despegar.com (NYSE:DESP) Stock

Despegar.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.

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DESP Stock News Headlines

Why Despegar Was a High-Flying Stock This Week
"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 >>>
DESP Despegar.com, Corp.
Despegar.com: Q1 Earnings Snapshot
"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 >>>
Despegar.com Announces 1Q23 Financial Results
Despegar.com's Earnings Outlook
Despegar.com Announces 4Q22 Financial Results
Despegar.com Announces Organizational Changes
See More Headlines

DESP Price History

DESP Company Calendar

Last Earnings
5/18/2023
Today
6/03/2023
Next Earnings (Estimated)
8/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Previous Symbol
NASDAQ:DESP
Fax
N/A
Employees
4,543
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-68,520,000.00
Pretax Margin
-6.97%

Debt

Sales & Book Value

Annual Sales
$584.27 million
Book Value
($1.94) per share

Miscellaneous

Free Float
65,263,000
Market Cap
$439.27 million
Optionable
Not Optionable
Beta
1.93

Key Executives

  • Damián Scokin Rimolo
    Chief Executive Officer & Executive Director
  • Maria Bettina Zubin
    Chief Financial Officer & Controller
  • Gonzalo García Estebarena
    Chief Technology Officer
  • Sebastián Mackinnon
    Chief Travel Partners & Corporate Affairs
  • Luca Pfeifer
    Vice President-Investor Relations













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?
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

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