NYSE:DESP - Despegar.com Stock Price, Price Target & More

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$23.08 -0.32 (-1.37 %)
(As of 05/24/2018 04:04 AM ET)
Previous Close$23.40
Today's Range$22.82 - $23.35
52-Week Range$22.73 - $36.56
Volume492,600 shs
Average Volume220,473 shs
Market Capitalization$1.60 billion
P/E Ratio33.45
Dividend YieldN/A
BetaN/A

About Despegar.com (NYSE:DESP)

Despegar.com logoDespegar.com, Corp., an online travel company, provides a range of travel and travel-related products through its Website and mobile apps in Latin America. The company offers airline tickets, packages, hotels, and other travel-related products under the Despegar and Decolar brands, which enable consumers to find, compare, plan, and purchase travel products. It provides a technology platform for its travel suppliers to manage and distribute their products. The company was founded in 1999 and is based in Buenos Aires, Argentina.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio1.79
Quick Ratio1.79

Price-To-Earnings

Trailing P/E Ratio33.45
Forward P/E Ratio29.59
P/E GrowthN/A

Sales & Book Value

Annual Sales$523.94 million
Price / Sales2.96
Cash Flow$0.8110 per share
Price / Cash28.46
Book Value$4.07 per share
Price / Book5.67

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees2,781
Outstanding Shares67,180,000

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) announced its earnings results on Thursday, May, 10th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.01. The company had revenue of $148.60 million for the quarter, compared to the consensus estimate of $143.47 million. The firm's quarterly revenue was up 18.9% on a year-over-year basis. 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, August, 9th 2018. View Earnings Estimates for Despegar.com.

What price target have analysts set for DESP?

7 analysts have issued 12-month target prices for Despegar.com's stock. Their predictions range from $33.00 to $40.00. On average, they expect Despegar.com's stock price to reach $36.7143 in the next twelve months. View Analyst Ratings for Despegar.com.

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

Who are Despegar.com's key executives?

Despegar.com's management team includes the folowing people:
  • Mr. Damián Scokin, CEO & Director (Age 52)
  • Mr. Michael James Doyle II, Chief Financial Officer (Age 48)
  • Mr. Juan Pablo Alvarado, Gen. Counsel & Sec. (Age 48)
  • Mr. Sebastián Mackinnon, Head of Air (Age 47)
  • Mr. Martín Molinari, Head of Packages, Hotels & Other Travel Products (Age 46)

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 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.

Has Despegar.com been receiving favorable news coverage?

Headlines about DESP stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Despegar.com earned a media sentiment score of 0.13 on Accern's scale. They also assigned headlines about the company an impact score of 47.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Despegar.com's major shareholders?

Despegar.com's stock is owned by many different of retail and institutional investors. Top institutional investors include Millennium Management LLC (0.56%), OppenheimerFunds Inc. (0.51%), Schf GPE LLC (0.24%), Champlain Investment Partners LLC (0.07%), Spark Investment Management LLC (0.06%) and Penserra Capital Management LLC (0.06%). View Institutional Ownership Trends for Despegar.com.

Which major investors are selling Despegar.com stock?

DESP stock was sold by a variety of institutional investors in the last quarter, including Indus Capital Partners LLC, Schf GPE LLC, Spark Investment Management LLC, Northern Trust Corp and BlackRock Inc.. View Insider Buying and Selling for Despegar.com.

Which major investors are buying Despegar.com stock?

DESP stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, OppenheimerFunds Inc., A.R.T. Advisors LLC, Engineers Gate Manager LP, Highland Capital Management LP, Barclays PLC, Penserra Capital Management LLC and GSA Capital Partners LLP. View Insider Buying and Selling for Despegar.com.

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, Scottrade, Fidelity and Charles Schwab.

What is Despegar.com's stock price today?

One share of DESP stock can currently be purchased for approximately $23.08.

How big of a company is Despegar.com?

Despegar.com has a market capitalization of $1.60 billion and generates $523.94 million in revenue each year. The company earns $42.36 million in net income (profit) each year or $0.69 on an earnings per share basis. Despegar.com employs 2,781 workers across the globe.

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 (DESP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  77 (Vote Underperform)
Total Votes:  160
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.

Analyst Ratings

Despegar.com (NYSE:DESP) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
7 Wall Street analysts have issued ratings and price targets for Despegar.com in the last 12 months. Their average twelve-month price target is $36.7143, suggesting that the stock has a possible upside of 59.07%. The high price target for DESP is $40.00 and the low price target for DESP is $33.00. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.712.712.672.50
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $36.7143$36.7143$35.8333$35.8333
Price Target Upside: 59.07% upside9.20% upside35.27% upside25.73% upside

Despegar.com (NYSE:DESP) Consensus Price Target History

Price Target History for Despegar.com (NYSE:DESP)

Despegar.com (NYSE:DESP) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/12/2018R. F. LaffertyInitiated CoverageBuy$38.00MediumView Rating Details
3/9/2018CitigroupBoost Price TargetNeutral ➝ Neutral$36.00 ➝ $37.00LowView Rating Details
3/9/2018Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$32.00 ➝ $33.00HighView Rating Details
1/11/2018UBSUpgradeNeutral ➝ Buy$36.00HighView Rating Details
11/19/2017CowenReiterated RatingBuy$35.00N/AView Rating Details
10/16/2017KeyCorpInitiated CoverageOverweight$40.00N/AView Rating Details
9/28/2017GuggenheimInitiated CoverageBuy ➝ Buy$38.00LowView Rating Details
(Data available from 5/24/2016 forward)

Earnings

Despegar.com (NYSE:DESP) Earnings History and Estimates Chart

Earnings by Quarter for Despegar.com (NYSE:DESP)

Despegar.com (NYSE:DESP) Earnings Estimates

2018 EPS Consensus Estimate: $0.82
2019 EPS Consensus Estimate: $1.10
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.23$0.23$0.23
Q2 20181$0.08$0.08$0.08
Q3 20181$0.23$0.23$0.23
Q4 20181$0.28$0.28$0.28
Q1 20191$0.32$0.32$0.32
Q2 20191$0.12$0.12$0.12
Q3 20191$0.25$0.25$0.25
Q4 20191$0.41$0.41$0.41

Despegar.com (NYSE DESP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2018        
5/10/20183/31/2018$0.23$0.24$143.47 million$148.60 millionViewN/AView Earnings Details
3/8/2018Before Market$0.12$0.18$136.10 million$144.00 millionViewN/AView Earnings Details
11/17/2017Q3 2017$0.14$0.19$129.70 million$131.47 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Despegar.com (NYSE:DESP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Despegar.com (NYSE DESP) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 74.03%
Insider Trading History for Despegar.com (NYSE:DESP)
Institutional Ownership by Quarter for Despegar.com (NYSE:DESP)

Despegar.com (NYSE DESP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Despegar.com (NYSE DESP) News Headlines

Source:
DateHeadline
Edited Transcript of DESP.N earnings conference call or presentation 10-May-18 12:00pm GMTEdited Transcript of DESP.N earnings conference call or presentation 10-May-18 12:00pm GMT
finance.yahoo.com - May 15 at 11:07 AM
Despegar.com (DESP) Downgraded by Zacks Investment ResearchDespegar.com (DESP) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 14 at 9:17 PM
Despegar.com, Corp. to Post Q2 2018 Earnings of $0.08 Per Share, KeyCorp Forecasts (DESP)Despegar.com, Corp. to Post Q2 2018 Earnings of $0.08 Per Share, KeyCorp Forecasts (DESP)
www.americanbankingnews.com - May 14 at 2:32 AM
Despegar.com, Corp. (DESP) Receives Consensus Recommendation of "Buy" from BrokeragesDespegar.com, Corp. (DESP) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 13 at 5:31 PM
Despegar.com (DESP) Posts Quarterly  Earnings Results, Beats Expectations By $0.01 EPSDespegar.com (DESP) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 10 at 4:18 PM
Despegar.coms (DESP) CEO Damián Scokin on Q1 2018 Results - Earnings Call TranscriptDespegar.com's (DESP) CEO Damián Scokin on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 3:46 PM
Despegar.com 2018 Q1 - Results - Earnings Call SlidesDespegar.com 2018 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 10 at 3:46 PM
Is It Time To Buy Despegarcom Corp. (NYSE:DESP) Based Off Its PE Ratio?Is It Time To Buy Despegarcom Corp. (NYSE:DESP) Based Off Its PE Ratio?
finance.yahoo.com - May 10 at 3:46 PM
Despegar.com Is Still Waiting to Take OffDespegar.com Is Still Waiting to Take Off
finance.yahoo.com - May 10 at 3:46 PM
Despegar.com beats by $0.03, beats on revenueDespegar.com beats by $0.03, beats on revenue
seekingalpha.com - May 10 at 10:44 AM
Despegar.com: 1Q Earnings SnapshotDespegar.com: 1Q Earnings Snapshot
www.cnbc.com - May 10 at 10:44 AM
Despegar.com Announces 1Q18 Year-over-Year Growth of 21% in Gross Bookings and 22% in RevenuesDespegar.com Announces 1Q18 Year-over-Year Growth of 21% in Gross Bookings and 22% in Revenues
finance.yahoo.com - May 10 at 10:44 AM
Head to Head Survey: Despegar.com (DESP) and GATX (GATX)Head to Head Survey: Despegar.com (DESP) and GATX (GATX)
www.americanbankingnews.com - May 6 at 9:16 PM
Despegar.com (DESP) Scheduled to Post Quarterly Earnings on ThursdayDespegar.com (DESP) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - May 3 at 2:20 AM
 Brokerages Anticipate Despegar.com, Corp. (DESP) Will Post Quarterly Sales of $142.90 Million Brokerages Anticipate Despegar.com, Corp. (DESP) Will Post Quarterly Sales of $142.90 Million
www.americanbankingnews.com - April 28 at 2:12 AM
$0.24 EPS Expected for Despegar.com, Corp. (DESP) This Quarter$0.24 EPS Expected for Despegar.com, Corp. (DESP) This Quarter
www.americanbankingnews.com - April 26 at 9:20 PM
Despegar.com Files its Annual Report on Form 20-F for Fiscal Year 2017Despegar.com Files its Annual Report on Form 20-F for Fiscal Year 2017
www.businesswire.com - April 25 at 10:42 AM
Critical Contrast: Despegar.com (DESP) vs. GATX (GATX)Critical Contrast: Despegar.com (DESP) vs. GATX (GATX)
www.americanbankingnews.com - April 20 at 3:34 PM
Despegar.com Announces First Quarter 2018 Financial Results Call and WebcastDespegar.com Announces First Quarter 2018 Financial Results Call and Webcast
finance.yahoo.com - April 20 at 10:40 AM
Financial Survey: GATX (GATX) and Despegar.com (DESP)Financial Survey: GATX (GATX) and Despegar.com (DESP)
www.americanbankingnews.com - April 20 at 5:25 AM
Despegar.com, Corp. (DESP) Given Consensus Rating of "Buy" by AnalystsDespegar.com, Corp. (DESP) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - April 18 at 5:30 PM
Despegar.com Corp. (DESP) Sees Hammer Chart Pattern: Time to Buy?Despegar.com Corp. (DESP) Sees Hammer Chart Pattern: Time to Buy?
www.zacks.com - April 13 at 10:55 AM
Zacks: Analysts Expect Despegar.com, Corp. (DESP) Will Post Quarterly Sales of $142.90 MillionZacks: Analysts Expect Despegar.com, Corp. (DESP) Will Post Quarterly Sales of $142.90 Million
www.americanbankingnews.com - April 11 at 1:47 AM
$0.23 Earnings Per Share Expected for Despegar.com, Corp. (DESP) This Quarter$0.23 Earnings Per Share Expected for Despegar.com, Corp. (DESP) This Quarter
www.americanbankingnews.com - April 9 at 11:16 PM
KeyCorp Begins Coverage on Despegar.com (DESP)KeyCorp Begins Coverage on Despegar.com (DESP)
www.americanbankingnews.com - April 7 at 12:39 PM
Despegar.com (DESP) Receives New Coverage from Analysts at UBSDespegar.com (DESP) Receives New Coverage from Analysts at UBS
www.americanbankingnews.com - April 7 at 12:32 PM
Citigroup Initiates Coverage on Despegar.com (DESP)Citigroup Initiates Coverage on Despegar.com (DESP)
www.americanbankingnews.com - April 6 at 11:32 PM
Why Despegar.com (DESP) Stock Might be a Great PickWhy Despegar.com (DESP) Stock Might be a Great Pick
www.zacks.com - April 2 at 10:51 AM
Despegar Com (DESP) Lifted to Buy at UBSDespegar Com (DESP) Lifted to Buy at UBS
www.americanbankingnews.com - March 28 at 11:32 PM
$142.90 Million in Sales Expected for Despegar Com Inc (DESP) This Quarter$142.90 Million in Sales Expected for Despegar Com Inc (DESP) This Quarter
www.americanbankingnews.com - March 25 at 2:00 AM
Despegar Com Inc (DESP) Given Average Recommendation of "Buy" by BrokeragesDespegar Com Inc (DESP) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - March 24 at 5:42 PM
$0.23 Earnings Per Share Expected for Despegar Com Inc (DESP) This Quarter$0.23 Earnings Per Share Expected for Despegar Com Inc (DESP) This Quarter
www.americanbankingnews.com - March 23 at 11:14 PM
Edited Transcript of DESP.N earnings conference call or presentation 8-Mar-18 1:00pm GMTEdited Transcript of DESP.N earnings conference call or presentation 8-Mar-18 1:00pm GMT
finance.yahoo.com - March 18 at 10:27 AM
Despegar.com Announces 4Q17 Year-over-Year Growth of 26% in Gross Bookings and 30% in RevenuesDespegar.com Announces 4Q17 Year-over-Year Growth of 26% in Gross Bookings and 30% in Revenues
finance.yahoo.com - March 16 at 11:08 AM
Despegar Com (DESP) Raised to "Hold" at Zacks Investment ResearchDespegar Com (DESP) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 12 at 9:54 PM
Despegar Com (DESP) Coverage Initiated at R. F. LaffertyDespegar Com (DESP) Coverage Initiated at R. F. Lafferty
www.americanbankingnews.com - March 12 at 6:34 PM
Q1 2018 EPS Estimates for Despegar Com Inc Boosted by Analyst (DESP)Q1 2018 EPS Estimates for Despegar Com Inc Boosted by Analyst (DESP)
www.americanbankingnews.com - March 12 at 2:32 AM
Despegar Com Incs Lock-Up Period Set To End  on March 19th (NYSE:DESP)Despegar Com Inc's Lock-Up Period Set To End on March 19th (NYSE:DESP)
www.americanbankingnews.com - March 12 at 1:24 AM
Citigroup Increases Despegar Com (DESP) Price Target to $37.00Citigroup Increases Despegar Com (DESP) Price Target to $37.00
www.americanbankingnews.com - March 9 at 9:40 PM
Morgan Stanley Raises Despegar Com (DESP) Price Target to $33.00Morgan Stanley Raises Despegar Com (DESP) Price Target to $33.00
www.americanbankingnews.com - March 9 at 9:03 PM
Despegar Com (DESP) Issues Quarterly  Earnings ResultsDespegar Com (DESP) Issues Quarterly Earnings Results
www.americanbankingnews.com - March 8 at 10:56 AM
Despegar Com Inc (DESP) Expected to Announce Quarterly Sales of $135.20 MillionDespegar Com Inc (DESP) Expected to Announce Quarterly Sales of $135.20 Million
www.americanbankingnews.com - March 8 at 3:46 AM
Despegar Com Inc (DESP) Expected to Post Earnings of $0.12 Per ShareDespegar Com Inc (DESP) Expected to Post Earnings of $0.12 Per Share
www.americanbankingnews.com - March 6 at 5:08 PM
Despegar Com Inc (DESP) Shares Bought by Lombard Odier Asset Management Switzerland SADespegar Com Inc (DESP) Shares Bought by Lombard Odier Asset Management Switzerland SA
www.americanbankingnews.com - March 4 at 2:39 PM
54,738 Shares in Despegar Com Inc (DESP) Acquired by Spark Investment Management LLC54,738 Shares in Despegar Com Inc (DESP) Acquired by Spark Investment Management LLC
www.americanbankingnews.com - March 3 at 12:36 PM
Despegar.com Announces Fourth Quarter 2017 Financial Results Call and WebcastDespegar.com Announces Fourth Quarter 2017 Financial Results Call and Webcast
finance.yahoo.com - March 2 at 4:04 PM
Despegar Com (DESP) Scheduled to Post Earnings on ThursdayDespegar Com (DESP) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - March 1 at 1:46 AM
Champlain Investment Partners LLC Takes Position in Despegar Com Inc (DESP)Champlain Investment Partners LLC Takes Position in Despegar Com Inc (DESP)
www.americanbankingnews.com - February 28 at 1:18 PM
Despegar Com Inc (DESP) Given Consensus Rating of "Buy" by BrokeragesDespegar Com Inc (DESP) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - February 27 at 5:40 PM
Zacks: Analysts Expect Despegar Com Inc (DESP) Will Announce Quarterly Sales of $135.20 MillionZacks: Analysts Expect Despegar Com Inc (DESP) Will Announce Quarterly Sales of $135.20 Million
www.americanbankingnews.com - February 20 at 4:00 PM

SEC Filings

Despegar.com (NYSE:DESP) SEC Filings

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Social Media

Financials

Despegar.com (NYSE:DESP) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Despegar.com (NYSE DESP) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff

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