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NYSE:DESPDespegar.com Stock Price, Forecast & News

$9.53
+1.12 (+13.32 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$8.36
Now: $9.53
$9.73
50-Day Range
$5.03
MA: $6.38
$8.25
52-Week Range
$4.44
Now: $9.53
$15.44
Volume1.75 million shs
Average Volume434,749 shs
Market Capitalization$663.76 million
P/E RatioN/A
Dividend YieldN/A
Beta2.09
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.02 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$524.88 million
Cash Flow$0.33 per share
Book Value$2.79 per share

Profitability

Net Income$-2,090,000.00

Miscellaneous

Employees3,029
Market Cap$663.76 million
Next Earnings Date8/13/2020 (Estimated)
OptionableNot Optionable

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Despegar.com (NYSE:DESP) Frequently Asked Questions

How has Despegar.com's stock been impacted by COVID-19 (Coronavirus)?

Despegar.com's stock was trading at $9.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DESP stock has increased by 5.2% and is now trading at $9.53. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Despegar.com's next earnings date?

Despegar.com is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Despegar.com.

How were Despegar.com's earnings last quarter?

Despegar.com Corp (NYSE:DESP) posted its quarterly earnings data on Thursday, March, 5th. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.08. The company earned $145.60 million during the quarter, compared to the consensus estimate of $131.12 million. Despegar.com had a negative net margin of 8.13% and a negative return on equity of 17.22%. Despegar.com's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.04 EPS. View Despegar.com's earnings history.

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

Despegar.com issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, April, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $78-78 million, compared to the consensus revenue estimate of $96.92 million.

What price target have analysts set for DESP?

3 analysts have issued 12-month price targets for Despegar.com's shares. Their forecasts range from $6.50 to $11.00. On average, they anticipate Despegar.com's stock price to reach $8.17 in the next twelve months. This suggests that the stock has a possible downside of 14.3%. View analysts' price targets for Despegar.com.

Has Despegar.com been receiving favorable news coverage?

News stories about DESP stock have been trending very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Despegar.com earned a coverage optimism score of -3.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutDespegar.com.

Are investors shorting Despegar.com?

Despegar.com saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 729,700 shares, a decline of 6.0% from the April 30th total of 775,900 shares. Based on an average trading volume of 509,200 shares, the short-interest ratio is presently 1.4 days. Approximately 1.3% of the company's shares are short sold. 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 following 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 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 investors include Global Thematic Partners LLC (3.06%), Fiera Capital Corp (2.32%), Mitsubishi UFJ Trust & Banking Corp (1.50%), BlackRock Inc. (1.47%), Jupiter Asset Management Ltd. (1.16%) and Morgan Stanley (0.85%).

Which institutional investors are selling Despegar.com stock?

DESP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Deutsche Bank AG, BlackRock Inc., RBF Capital LLC, and Invesco Ltd..

Which institutional investors are buying Despegar.com stock?

DESP stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Global Thematic Partners LLC, Engineers Gate Manager LP, Athanor Capital LP, Jupiter Asset Management Ltd., Mitsubishi UFJ Trust & Banking Corp, Capital International Investors, and Alliancebernstein L.P..

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 $9.53.

How big of a company is Despegar.com?

Despegar.com has a market capitalization of $663.76 million and generates $524.88 million in revenue each year. The company earns $-2,090,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis. Despegar.com employs 3,029 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.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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