NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → RSVP: Charles Payne’s Cash Flow Workshop (From Unstoppable Prosperity) (Ad) Free DESP Stock Alerts $12.96 -0.43 (-3.21%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$12.73▼$13.5950-Day Range$8.51▼$13.3852-Week Range$5.28▼$13.59Volume2.45 million shsAverage Volume668,222 shsMarket Capitalization$856.14 millionP/E RatioN/ADividend YieldN/APrice Target$14.38 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 RatingModerate Buy2.75 Rating ScoreUpside/Downside10.9% Upside$14.38 Price TargetShort InterestHealthy2.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth26.74%From $0.86 to $1.09 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.3.16 out of 5 starsTransportation Sector79th out of 113 stocksTransportation Services Industry9th out of 15 stocks 2.4 Analyst's Opinion Consensus RatingDespegar.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageDespegar.com has only been the subject of 3 research reports in the past 90 days.Read more about Despegar.com's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.01% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Despegar.com has recently decreased by 18.38%, indicating that investor sentiment is improving 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 3.7 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.66. 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 0.44 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest12 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 100% 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 22% 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.Read more about Despegar.com's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 26.74% in the coming year, from $0.86 to $1.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Despegar.com is -49.84, 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 -49.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Despegar.com's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressShocking: One AI startup's revenue could surge 4,735%Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.Click here to discover the AI chip company 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 HeadlinesMay 7, 2024 | businesswire.comDespegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024May 1, 2024 | investorplace.com3 Stocks That Could Turn $5K Into a FortuneMay 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 1, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Rating Reiterated by CitigroupApril 30, 2024 | msn.comCitigroup Downgrades Despegar.com (DESP)April 29, 2024 | msn.comPaíses de la OTAN no han dado a Ucrania la ayuda prometida, dice jefe de la alianzaApril 29, 2024 | finance.yahoo.comAnalysts Are Optimistic We'll See A Profit From Despegar.com, Corp. (NYSE:DESP)April 26, 2024 | businesswire.comDespegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 26, 2024 | msn.comParís cerrará espacio aéreo para salvaguardar apertura de los Juegos OlímpicosApril 24, 2024 | msn.comBonos de Ecuador repuntan tras apoyo a medidas antidelincuencia de Noboa en referéndumApril 24, 2024 | msn.comEl sistema de salud de Haití se tambalea con pocas reservas, hospitales atacados y puertos cerradosApril 21, 2024 | finance.yahoo.comDespegar.com, Corp. (DESP)April 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 InnovationMarch 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 TranscriptSee 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 Earnings11/17/2021Today5/07/2024Next 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$14.38 High Stock Price Target$16.00 Low Stock Price Target$13.00 Potential Upside/Downside+10.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio15.07 P/E GrowthN/ANet Income$24.49 million Net Margins3.37% Pretax Margin3.91% Return on Equity-23.75% Return on Assets3.20% Debt Debt-to-Equity RatioN/A Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$706.04 million Price / Sales1.21 Cash Flow$1.08 per share Price / Cash Flow11.96 Book Value($1.90) per share Price / Book-6.82Miscellaneous Outstanding Shares66,060,000Free FloatN/AMarket Cap$856.14 million OptionableOptionable Beta2.03 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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:GBTGHeartland ExpressNASDAQ:HTLDNordic American TankersNYSE:NATGlobal Ship LeaseNYSE:GSLView All CompetitorsInstitutional OwnershipTimesSquare Capital Management LLCBought 63,600 shares on 5/7/2024Ownership: 0.696%Yarra Square Partners LPBought 385,000 shares on 5/7/2024Ownership: 0.583%Susquehanna Fundamental Investments LLCBought 32,110 shares on 5/7/2024Ownership: 0.049%Susquehanna Portfolio Strategies LLCSold 2,200 shares on 5/7/2024Ownership: 0.033%Quantbot Technologies LPBought 1,452 shares on 5/6/2024Ownership: 0.048%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DESP shares. View DESP analyst ratings or view top-rated stocks. What is Despegar.com's stock price target for 2024? 4 Wall Street analysts have issued 12-month price targets for Despegar.com's shares. Their DESP share price targets range from $13.00 to $16.00. On average, they anticipate the company's share price to reach $14.38 in the next twelve months. This suggests a possible upside of 10.9% 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 37.0% and is now trading at $12.96. View the best growth stocks for 2024 here. Are investors shorting Despegar.com? Despegar.com saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,110,000 shares, a drop of 18.4% from the March 31st total of 1,360,000 shares. Based on an average daily volume of 664,700 shares, the short-interest ratio is presently 1.7 days. Currently, 2.0% of the shares of the company are short sold. 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) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by $0.06. The business earned $83.37 million during the quarter, compared to analyst estimates of $74.70 million. Despegar.com had a net margin of 3.37% and a negative trailing twelve-month return on equity of 23.75%. During the same period in the prior 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), Matthews Emerging Markets ex China Active ETF (MEMX) and Global X MSCI Argentina ETF (ARGT).FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ). What guidance has Despegar.com issued on next quarter's earnings? Despegar.com issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. The company provided earnings per share 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 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 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 number of institutional and retail investors. Top institutional investors include TimesSquare Capital Management LLC (0.70%), Yarra Square Partners LP (0.58%), Mirae Asset Global Investments Co. Ltd. (0.28%), BNP Paribas Financial Markets (0.23%), GSA Capital Partners LLP (0.10%) and Altfest L J & Co. Inc. (0.07%). 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 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldConflict In Israel Sends Gold Soaring ???? 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