NYSE:DESP Despegar.com - DESP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $5.90 -0.09 (-1.50%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.76▼$6.1450-Day Range$5.08▼$7.5152-Week Range$4.44▼$12.50Volume248,606 shsAverage Volume368,061 shsMarket Capitalization$420.35 millionP/E RatioN/ADividend YieldN/APrice Target$7.88 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Despegar.com MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside33.5% Upside$7.88 Price TargetShort InterestHealthy1.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.14Based on 4 Articles This WeekInsider 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.2.32 out of 5 starsTransportation Sector77th out of 124 stocksTransportation Services Industry10th out of 17 stocks 3.4 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 33.5% from its current price of $5.90.Amount of Analyst CoverageDespegar.com has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.49% 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 2.2, 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 0.84%, 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 2.1 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of -0.14. 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 lower news sentiment than the 0.34 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Despegar.com this week, compared to 2 articles on an average week.Search Interest4 people have searched for DESP on MarketBeat in the last 30 days. MarketBeat Follows1 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 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 -4.92, 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 -4.92, 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 HeadlinesMarch 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 23, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 16, 2023 | finance.yahoo.comDespegar.com (DESP) Reports Q4 Loss, Lags Revenue EstimatesMarch 16, 2023 | finance.yahoo.comDespegar.com Announces 4Q22 Financial ResultsMarch 15, 2023 | americanbankingnews.comDespegar.com (DESP) Scheduled to Post Earnings on ThursdayMarch 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)March 23, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …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 FishingDecember 17, 2022 | finance.yahoo.comThe past five years for Despegar.com (NYSE:DESP) investors has not been profitableDecember 8, 2022 | finance.yahoo.comHere's Why Despegar.com (DESP) is Poised for a Turnaround After Losing 18.4% in 4 WeeksNovember 20, 2022 | finance.yahoo.comDespegar.com Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 8, 2022 | finance.yahoo.comDespegar.com Announces Third Quarter 2022 Financial Results Call and WebcastOctober 17, 2022 | globenewswire.comGlobal B2C Ecommerce Market Report 2022-2026: Increased Digital Dependency and the Convenience of Online Platforms for Buying - GlobeNewswireOctober 12, 2022 | businesswire.comColombia B2C Ecommerce Market Opportunities Databook - 100+ KPIs on eCommerce Verticals - ResearchAndMarkets.com - Business WireOctober 11, 2022 | techcrunch.comFidu wants to be a full-stack solution for LatAm private schools - TechCrunchOctober 10, 2022 | finance.yahoo.comWhen Can We Expect A Profit From Despegar.com, Corp. (NYSE:DESP)? - Yahoo FinanceOctober 10, 2022 | finance.yahoo.comWhen Can We Expect A Profit From Despegar.com, Corp. (NYSE:DESP)?October 8, 2022 | seekingalpha.comDespegar.com Stock: A Bet On Latin America (NYSE:DESP) - Seeking AlphaOctober 7, 2022 | uk.finance.yahoo.comColombia B2C Ecommerce Market Opportunities Databook 2022: Industry to Reach $18.7 Billion by 2026 - Yahoo Finance UKOctober 6, 2022 | nasdaq.comStrong week for Despegar.com (NYSE:DESP) shareholders doesn't alleviate pain of five-year loss - NasdaqOctober 5, 2022 | uk.finance.yahoo.comArgentina B2C Ecommerce Market Opportunities Databook - Industry to Reach $27.3 Billion by 2026October 5, 2022 | benzinga.comArgentina B2C Ecommerce Market Opportunities Databook - Industry to Reach $27.3 Billion by 2026 - BenzingaOctober 1, 2022 | skift.comNaya Homes Secures $5 Million to Expand Short-Term Rentals in Mexico - Skift Travel NewsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings3/16/2023Today3/23/2023Next Earnings (Estimated)5/18/2023Fiscal 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/AEmployees3,824Year 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+33.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.20) Trailing P/E RatioN/A Forward P/E Ratio49.17 P/E GrowthN/ANet Income$-68,530,000.00 Net Margins-12.74% Pretax Margin-8.36% Return on EquityN/A Return on Assets-8.52% Debt Debt-to-Equity RatioN/A Current Ratio0.82 Quick Ratio0.85 Sales & Book Value Annual Sales$537.97 million Price / Sales0.78 Cash FlowN/A Price / Cash FlowN/A Book Value($1.78) per share Price / Book-3.31Miscellaneous Outstanding Shares71,246,000Free FloatN/AMarket Cap$420.35 million OptionableNot Optionable Beta1.90 Key ExecutivesDamián Scokin RimoloChief Executive Officer & Executive DirectorMaria Bettina ZubinChief Financial Officer & ControllerGonzalo García EstebarenaChief Technology OfficerNatalia NirenbergHead-Investor RelationsJaviera RuizChief Human Resources OfficerKey CompetitorsDasekeNASDAQ:DSKELogistics Innovation TechnologiesNASDAQ:LITTSafe BulkersNYSE:SBGasLog PartnersNYSE:GLOPCovenant Logistics GroupNASDAQ:CVLGView All CompetitorsInstitutional OwnershipState of WyomingBought 5,638 shares on 2/16/2023Ownership: 0.008%Bares Capital Management Inc.Sold 21,492 shares on 2/15/2023Ownership: 2.765%Morgan StanleyBought 319,604 shares on 2/15/2023Ownership: 1.315%Millennium Management LLCBought 570,243 shares on 2/15/2023Ownership: 1.206%Lazard Asset Management LLCSold 98,885 shares on 2/15/2023Ownership: 0.023%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 brokerages have issued twelve-month target prices for Despegar.com's shares. Their DESP share price forecasts range from $6.00 to $10.50. On average, they predict the company's share price to reach $7.88 in the next twelve months. This suggests a possible upside of 28.7% 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 beginning of the year. Since then, DESP shares have increased by 19.3% and is now trading at $6.12. View the best growth stocks for 2023 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 917,600 shares, an increase of 26.2% from the January 31st total of 727,000 shares. Based on an average trading volume of 388,900 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.5% of the shares of the company 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, May 18th 2023. View our DESP earnings forecast. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) issued its earnings results on Thursday, March, 16th. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.27. The business had revenue of $145.54 million for the quarter, compared to analyst estimates of $146.56 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 updated its FY 2023 earnings guidance on Thursday, March, 16th. The company provided 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 $607.76 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 initial public offering 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 number of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (4.97%), Mitsubishi UFJ Trust & Banking Corp (4.34%), Emerging Variant Capital Management LP (3.32%), Bares Capital Management Inc. (2.76%), Artisan Partners Limited Partnership (2.33%) and Cartica Management LLC (2.09%). 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 $6.12. How much money does Despegar.com make? Despegar.com (NYSE:DESP) has a market capitalization of $436.05 million and generates $537.97 million in revenue each year. The company earns $-68,530,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis. How many employees does Despegar.com have? The company employs 3,824 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 3/23/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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