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

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$12.45 -0.15 (-1.19 %)
(As of 05/24/2019 08:00 AM ET)
Previous Close$12.60
Today's Range$12.14 - $12.50
52-Week Range$11.11 - $24.75
Volume546,300 shs
Average Volume366,006 shs
Market Capitalization$861.07 million
P/E Ratio46.11
Dividend YieldN/A
Beta1.01
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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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$0.4783 per share
Book Value$3.65 per share

Profitability

Net Income$19.15 million

Miscellaneous

Employees2,961
Market Cap$861.07 million
Next Earnings Date8/15/2019 (Estimated)
OptionableNot Optionable

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) released its earnings results on Thursday, May, 9th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.01. The firm earned $1.33 billion during the quarter, compared to analyst estimates of $128.90 million. Despegar.com had a net margin of 0.91% and a return on equity of 1.84%. The business's revenue was up 797.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 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, August 15th 2019. View Earnings Estimates for Despegar.com.

What price target have analysts set for DESP?

5 equities research analysts have issued 1-year target prices for Despegar.com's shares. Their forecasts range from $20.00 to $27.00. On average, they expect Despegar.com's stock price to reach $23.50 in the next twelve months. This suggests a possible upside of 88.8% from the stock's current price. View Analyst Price Targets for Despegar.com.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last year. There are currently 1 sell rating, 3 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?

News coverage about DESP stock has been trending positive this week, InfoTrie Sentiment reports. InfoTrie rates 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 -5 to 5, with scores closest to five being the most favorable. Despegar.com earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned press 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 next several days.

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 initial public offering 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 many different of institutional and retail investors. Top institutional shareholders include Vulcan Value Partners LLC (5.20%), Morgan Stanley (3.38%), Nordea Investment Management AB (3.18%), Global Thematic Partners LLC (2.71%), Bank of Montreal Can (1.30%) and Sapience Investments LLC (1.08%).

Which major investors are selling Despegar.com stock?

DESP stock was sold by a variety of institutional investors in the last quarter, including Insight Holdings Group LLC, Vulcan Value Partners LLC, FIL Ltd, Globeflex Capital L P, Renaissance Technologies LLC, Manning & Napier Group LLC, BlackRock Inc. and Northern Trust Corp.

Which major investors are buying Despegar.com stock?

DESP stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Bank of Montreal Can, Morgan Stanley, Global Thematic Partners LLC, Goldman Sachs Group Inc., Sapience Investments LLC, SPX Equities Gestao de Recursos Ltda and OppenheimerFunds Inc..

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 $12.45.

How big of a company is Despegar.com?

Despegar.com has a market capitalization of $861.07 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 2,961 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 (NYSE DESP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  407
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 5/24/2019 by MarketBeat.com Staff

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