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NYSE:DESP - Despegar.com Stock Price, Forecast & News

$12.90
+0.15 (+1.18 %)
(As of 12/13/2019 02:54 AM ET)
Today's Range
$12.75
Now: $12.90
$13.19
50-Day Range
$10.56
MA: $11.71
$12.92
52-Week Range
$9.52
Now: $12.90
$18.90
Volume293,700 shs
Average Volume400,758 shs
Market Capitalization$892.19 million
P/E Ratio47.78
Dividend YieldN/A
Beta1.47
Despegar.com Corp. provides 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, Martín Rastellino, Ernesto Cadeiras and Christian Vilate in December 1999 and is headquartered in Buenos Aires, Argentina.

Industry, Sector and Symbol

Industry Transportation services
Sub-IndustryN/A
SectorTransportation
Previous SymbolNASDAQ:DESP
CUSIPN/A
WebN/A
Phone54-11-4894-3500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$530.61 million
Cash Flow$0.51 per share
Book Value$3.58 per share

Profitability

Net Income$19.15 million

Miscellaneous

Employees3,398
Market Cap$892.19 million
Next Earnings Date3/5/2020 (Estimated)
OptionableNot Optionable

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Despegar.com (NYSE:DESP) Frequently Asked Questions

What is Despegar.com's stock symbol?

Despegar.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "DESP."

How were Despegar.com's earnings last quarter?

Despegar.com Corp (NYSE:DESP) issued its quarterly earnings results on Thursday, November, 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.02. The business had revenue of $132 million for the quarter, compared to the consensus estimate of $123.21 million. Despegar.com had a negative return on equity of 6.54% and a negative net margin of 2.98%. The business's quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.02) earnings per share. View Despegar.com's Earnings History.

When is Despegar.com's next earnings date?

Despegar.com is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Despegar.com.

What price target have analysts set for DESP?

3 brokers have issued 12-month price objectives for Despegar.com's shares. Their forecasts range from $14.00 to $19.00. On average, they expect Despegar.com's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets for Despegar.com.

What is the consensus analysts' recommendation for Despegar.com?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Despegar.com.

Has Despegar.com been receiving favorable news coverage?

Media stories about DESP stock have trended negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Despegar.com earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Despegar.com.

Are investors shorting Despegar.com?

Despegar.com saw a drop in short interest in November. As of November 29th, there was short interest totalling 887,900 shares, a drop of 12.1% from the November 14th total of 1,010,000 shares. Based on an average trading volume of 280,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.5% of the shares of the stock are sold short. View Despegar.com's Current Options Chain.

Who are some of Despegar.com's key competitors?

What other stocks do shareholders of Despegar.com own?

Who are Despegar.com's key executives?

Despegar.com's management team includes the folowing people:
  • Damián Scokin Rimolo, Chief Executive Officer & Director
  • Alberto Lopez Gaffney, Chief Financial Officer
  • Maria Bettina Zubin, Controller
  • Ines Lanusse, IR & External Communications Manager
  • Juan Pablo Alvarado, Secretary & General Counsel

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 $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?

Despegar.com's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Global Thematic Partners LLC (1.96%), Riverstone Group LLC (1.72%), Great Lakes Advisors LLC (0.45%), Cohen Capital Management Inc. (0.26%), State Street Corp (0.22%) and Penserra Capital Management LLC (0.10%).

Which institutional investors are selling Despegar.com stock?

DESP stock was sold by a variety of institutional investors in the last quarter, including Riverstone Group LLC, Global Thematic Partners LLC, Penserra Capital Management LLC and Barclays PLC.

Which institutional investors are buying Despegar.com stock?

DESP stock was purchased by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, PenderFund Capital Management Ltd., Cohen Capital Management Inc., Cambiar Investors LLC, State Street Corp, California Public Employees Retirement System, Boston Partners and Coronation Fund Managers Ltd..

How do I buy shares of Despegar.com?

Shares of DESP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Despegar.com's stock price today?

One share of DESP stock can currently be purchased for approximately $12.90.

How big of a company is Despegar.com?

Despegar.com has a market capitalization of $892.19 million and generates $530.61 million in revenue each year. The company earns $19.15 million in net income (profit) each year or $0.27 on an earnings per share basis. Despegar.com employs 3,398 workers across the globe.View Additional Information About Despegar.com.

How can I contact Despegar.com?

Despegar.com's mailing address is JUANA MANSO 999, BUENOS AIRES C1, C1107CBR. The company can be reached via phone at 54-11-4894-3500.


MarketBeat Community Rating for Despegar.com (NYSE DESP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  482
MarketBeat's community ratings are surveys of what our community members think about Despegar.com and other stocks. Vote "Outperform" if you believe DESP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DESP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2019 by MarketBeat.com Staff

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