NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free DESP Stock Alerts $11.84 +0.19 (+1.63%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$11.64▼$11.8850-Day Range$8.11▼$13.1352-Week Range$4.92▼$13.23Volume798,386 shsAverage Volume623,515 shsMarket Capitalization$781.82 millionP/E RatioN/ADividend YieldN/APrice Target$14.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Despegar.com alerts: Email Address Despegar.com MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside21.1% Upside$14.33 Price TargetShort InterestHealthy2.46% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.92Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth95.45%From $0.44 to $0.86 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.2.44 out of 5 starsTransportation Sector79th out of 111 stocksTransportation Services Industry9th out of 15 stocks 2.5 Analyst's Opinion Consensus RatingDespegar.com has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageDespegar.com has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.46% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Despegar.com has recently increased by 293.18%, 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 3.3 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.92. 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 0.40 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest9 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat Follows11 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. This is an increase of 120% 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 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 95.45% in the coming year, from $0.44 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Despegar.com is -45.52, 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 -45.52, 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 Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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 HeadlinesApril 21, 2024 | finance.yahoo.comDespegar.com, Corp. (DESP)April 14, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Trading Down 4.8%April 23, 2024 | DTI (Ad)Here’s how to start a “Weekend Side Hustle” from your sofaHere’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.April 13, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Reaches New 1-Year High at $13.12April 12, 2024 | investorplace.com3 Sleeper Stocks Poised to Outperform the Market by 2026April 9, 2024 | investorplace.com3 Under-the-Radar Stocks With Explosive Growth ProspectsApril 4, 2024 | finance.yahoo.comDespegar Celebrates 25 Years Transforming Latin America’s Travel Industry Through InnovationApril 4, 2024 | businesswire.comDespegar Celebrates 25 Years Transforming Latin America's Travel Industry Through InnovationApril 23, 2024 | DTI (Ad)Here’s how to start a “Weekend Side Hustle” from your sofaHere’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.March 30, 2024 | msn.comJakub Hrones hace historia en el snowboard con una maniobra espectacularMarch 28, 2024 | investorplace.comFuture Titans: Invest in These 3 Tech Stocks Before It's too LateMarch 25, 2024 | seekingalpha.comDespegar: The Booking Holdings Of Latin America With More Catalysts And GrowthMarch 23, 2024 | investorplace.com3 Low-Risk Stocks Set to Outperform the S&P 500March 19, 2024 | seekingalpha.comDespegar.com: Strong Growth In Revenue And Gross Bookings Led By Brazilian MarketMarch 18, 2024 | uk.finance.yahoo.comKey Trends in Health & Wellness for 2024March 18, 2024 | uk.news.yahoo.comQE2 cruise ship staff travel from across the world for reunionMarch 18, 2024 | finance.yahoo.comDESP Jul 2024 5.000 putMarch 17, 2024 | uk.finance.yahoo.comDave Ramsey: 9 Hidden Costs of Hotel Stays when TravelingMarch 16, 2024 | finance.yahoo.comDespegar.com, Corp. (NYSE:DESP) Q4 2023 Earnings Call TranscriptMarch 16, 2024 | investorplace.comThe Clock is Ticking: 3 Stocks Set to Explode in the Next QuarterMarch 16, 2024 | finance.yahoo.comDESP Apr 2024 7.500 putMarch 15, 2024 | benzinga.comEarnings Preview For Despegar.comMarch 15, 2024 | marketwatch.comDespegar.com Shares Rise 11% After Posting 4Q Revenue IncreaseMarch 14, 2024 | benzinga.comRecap: Despegar.com Q4 EarningsMarch 14, 2024 | msn.comDespegar.com reports Q4 resultsMarch 14, 2024 | msn.comDESP Stock Earnings: Despegar.com Misses EPS, Beats Revenue for Q4 2023March 14, 2024 | businesswire.comDespegar.com Announces 4Q23 and FY23 Financial ResultsSee 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 Earnings11/17/2021Today4/22/2024Next Earnings (Estimated)5/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Transportation services Sub-IndustryN/A Current SymbolNYSE:DESP Previous SymbolNASDAQ:DESP CUSIPN/A CIK1703141 Webwww.despegar.com.ar Phone541148943500FaxN/AEmployees4,543Year FoundedN/APrice Target and Rating Average Stock Price Target$14.33 High Stock Price Target$16.00 Low Stock Price Target$13.00 Potential Upside/Downside+21.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio26.90 P/E GrowthN/ANet Income$29.04 million Net Margins4.01% Pretax Margin4.55% Return on Equity-27.86% Return on Assets3.71% Debt Debt-to-Equity RatioN/A Current Ratio0.81 Quick Ratio0.80 Sales & Book Value Annual Sales$706.04 million Price / Sales1.11 Cash FlowN/A Price / Cash FlowN/A Book Value($1.84) per share Price / Book-6.43Miscellaneous Outstanding Shares66,060,000Free FloatN/AMarket Cap$781.82 million OptionableOptionable Beta2.05 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsRXONYSE:RXOGlobal Business Travel GroupNYSE:GBTGGlobal Ship LeaseNYSE:GSLSun Country AirlinesNASDAQ:SNCYNordic American TankersNYSE:NATView All CompetitorsInstitutional OwnershipAltfest L J & Co. Inc.Bought 2,179 shares on 4/22/2024Ownership: 0.073%Harbour Capital Advisors LLCBought 18,000 shares on 4/16/2024Ownership: 0.027%Matthews International Capital Management LLCBought 24,959 shares on 4/15/2024Ownership: 0.038%Quadrature Capital LtdBought 46,140 shares on 3/25/2024Ownership: 0.135%Tucker Asset Management LLCBought 4,250 shares on 3/4/2024Ownership: 0.006%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 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 target for 2024? 3 Wall Street analysts have issued 1-year price objectives for Despegar.com's shares. Their DESP share price targets range from $13.00 to $16.00. On average, they anticipate the company's stock price to reach $14.33 in the next twelve months. This suggests a possible upside of 21.1% 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 2024? Despegar.com's stock was trading at $9.46 at the beginning of 2024. Since then, DESP stock has increased by 25.1% and is now trading at $11.8350. View the best growth stocks for 2024 here. Are investors shorting Despegar.com? Despegar.com saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,360,000 shares, an increase of 293.2% from the March 15th total of 345,900 shares. Based on an average daily trading volume, of 567,800 shares, the short-interest ratio is currently 2.4 days. Approximately 2.5% 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 16th 2024. View our DESP earnings forecast. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) announced its quarterly earnings results on Wednesday, November, 17th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by $0.06. The company had revenue of $83.37 million for the quarter, compared to the consensus estimate of $74.70 million. Despegar.com had a net margin of 4.01% and a negative trailing twelve-month return on equity of 27.86%. During the same quarter last year, the firm earned ($0.41) EPS. What ETFs hold Despegar.com's stock? ETFs with the largest weight of Despegar.com (NYSE:DESP) stock in their portfolio include Amplify Travel Tech ETF (AWAY), Global X MSCI Argentina ETF (ARGT) and Matthews Emerging Markets ex China Active ETF (MEMX).FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ). What guidance has Despegar.com issued on next quarter's earnings? Despegar.com updated its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $820.0 million-, compared to the consensus revenue estimate of $795.8 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? 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 acted 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? Despegar.com's stock is owned by a number of institutional and retail investors. Top institutional investors include Altfest L J & Co. Inc. (0.07%), Matthews International Capital Management LLC (0.04%) and Harbour Capital Advisors LLC (0.03%). 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. This page (NYSE:DESP) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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