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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:DESP

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

$7.23
-0.04 (-0.55%)
(As of 09/22/2023 ET)
Compare
Today's Range
$7.17
$7.35
50-Day Range
$6.91
$8.60
52-Week Range
$4.44
$9.45
Volume
171,985 shs
Average Volume
195,246 shs
Market Capitalization
$477.61 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.75

Despegar.com MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.9% Upside
$9.75 Price Target
Short Interest
Healthy
0.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
30.43%
From $0.46 to $0.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Transportation Sector

62nd out of 114 stocks

Transportation Services Industry

7th out of 17 stocks


DESP stock logo

About Despegar.com (NYSE:DESP) Stock

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.

DESP Price History

DESP Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
"This Could be the Biggest Stock Story of 2023"
A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.
Despegar.com: Q2 Earnings Snapshot
Despegar.com Announces 2Q23 Financial Results
Super Group Q2 Earnings Preview
Despegar.com Appoints Chief Financial Officer
See More Headlines
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DESP Company Calendar

Last Earnings
8/17/2023
Today
9/24/2023
Next Earnings (Estimated)
11/16/2023
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
$9.75
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+34.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-68,520,000.00
Pretax Margin
-2.29%

Debt

Sales & Book Value

Annual Sales
$537.97 million
Book Value
($1.92) per share

Miscellaneous

Free Float
65,263,000
Market Cap
$477.61 million
Optionable
Not Optionable
Beta
1.97
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Key Executives

  • Mr. Damian Scokin (Age 57)
    CEO & Director
  • Mr. Martin Rastellino (Age 53)
    Co-Founder & Director
  • Mr. Amit Singh (Age 45)
    Chief Financial Officer
  • Mr. Alejandro Stein
    Head of Operations
  • Mr. Gonzalo Garcia Estebarena (Age 43)
    Chief Technology Officer
  • Natalia Nirenberg
    Head of Investor Relations
  • Ms. Monica Alexandra Soares da Silva (Age 49)
    Gen. Counsel
  • Andrés Patetta
    Chief Marketing Officer
  • Mr. Sebastian Mackinnon (Age 52)
    Chief Travel Partners & Corp. Affairs
  • Mr. Pablo Montivero Araya (Age 54)
    Chief Bus. Devel. Officer













DESP Stock - Frequently Asked Questions

Should I buy or sell Despegar.com stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 2 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?

2 analysts have issued 12 month price targets for Despegar.com's shares. Their DESP share price forecasts range from $7.00 to $13.00. On average, they anticipate the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 34.9% 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 2023?

Despegar.com's stock was trading at $5.13 on January 1st, 2023. Since then, DESP stock has increased by 40.9% and is now trading at $7.23.
View the best growth stocks for 2023 here
.

Are investors shorting Despegar.com?

Despegar.com saw a decrease in short interest in August. As of August 31st, there was short interest totaling 392,000 shares, a decrease of 12.0% from the August 15th total of 445,300 shares. Based on an average daily volume of 199,800 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.7% of the company's shares 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, November 16th 2023.
View our DESP earnings forecast
.

How were Despegar.com's earnings last quarter?

Despegar.com, Corp. (NYSE:DESP) announced its quarterly earnings data on Thursday, August, 17th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The company had revenue of $165.52 million for the quarter, compared to analysts' expectations of $160.50 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).

What guidance has Despegar.com issued on next quarter's earnings?

Despegar.com issued an update on its FY 2023 earnings guidance on Thursday, August, 17th. 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 $669.48 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 (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.

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 number of institutional and retail investors. Top institutional shareholders include Mitsubishi UFJ Trust & Banking Corp (5.39%), Bares Capital Management Inc. (3.51%), Artisan Partners Limited Partnership (2.42%), TimesSquare Capital Management LLC (0.51%), JPMorgan Chase & Co. (0.50%) and SkyView Investment Advisors LLC (0.35%).

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 $7.23.

How much money does Despegar.com make?

Despegar.com (NYSE:DESP) has a market capitalization of $477.61 million and generates $537.97 million in revenue each year. The company earns $-68,520,000.00 in net income (profit) each year or ($0.36) 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 9/24/2023 by MarketBeat.com Staff

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