NYSE:DESP

Despegar.com (DESP) Stock Price, News & Analysis

$12.22
+0.39 (+3.30%)
(As of 04/23/2024 ET)
Today's Range
$11.90
$12.29
50-Day Range
$8.32
$13.13
52-Week Range
$4.92
$13.23
Volume
544,054 shs
Average Volume
622,496 shs
Market Capitalization
$807.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.33

Despegar.com MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.3% Upside
$14.33 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Despegar.com in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
95.45%
From $0.44 to $0.86 Per Share

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.

2.38 out of 5 stars

Transportation Sector

77th out of 110 stocks

Transportation Services Industry

9th out of 15 stocks

DESP stock logo

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.

DESP Stock Price History

DESP Stock News Headlines

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The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
Despegar.com, Corp. (DESP)
Despegar.com (NYSE:DESP) Trading Down 4.8%
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
3 Low-Risk Stocks Set to Outperform the S&P 500
Key Trends in Health & Wellness for 2024
DESP Jul 2024 5.000 put
Dave Ramsey: 9 Hidden Costs of Hotel Stays when Traveling
DESP Apr 2024 7.500 put
Earnings Preview For Despegar.com
Recap: Despegar.com Q4 Earnings
Despegar.com reports Q4 results
See More Headlines
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Company Calendar

Last Earnings
11/17/2021
Today
4/23/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Previous Symbol
NASDAQ:DESP
Fax
N/A
Employees
4,543
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.33
High Stock Price Target
$16.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+17.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$29.04 million
Pretax Margin
4.55%

Debt

Sales & Book Value

Annual Sales
$706.04 million
Book Value
($1.84) per share

Miscellaneous

Free Float
N/A
Market Cap
$807.25 million
Optionable
Optionable
Beta
2.05
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Key Executives

  • Mr. Damian Scokin (Age 58)
    CEO & Director
  • Mr. Martin Rastellino (Age 54)
    Co-Founder & Director
  • Mr. Amit Singh (Age 46)
    Chief Financial Officer
  • Mr. Mariano Rocatti
    Chief Operating Officer
  • Mr. Gonzalo Garcia Estebarena (Age 44)
    Chief Technology Officer
  • Natalia Nirenberg
    Head of Investor Relations
  • Ms. Monica Alexandra Soares da Silva (Age 50)
    General Counsel
  • Andrés Patetta
    Chief Marketing Officer
  • Mr. Sebastian Mackinnon (Age 53)
    Chief Travel Partners & Corporate Affairs
  • Mr. Pablo Montivero Araya (Age 55)
    Chief Business Development Officer

DESP Stock Analysis - Frequently Asked Questions

Should I buy or sell Despegar.com stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DESP shares.
View DESP analyst ratings
or view top-rated stocks.

What is Despegar.com's stock price target for 2024?

3 Wall Street analysts have issued 12-month target prices for Despegar.com's stock. Their DESP share price targets range from $13.00 to $16.00. On average, they expect the company's share price to reach $14.33 in the next year. This suggests a possible upside of 17.3% 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 the year. Since then, DESP stock has increased by 29.2% and is now trading at $12.22.
View the best growth stocks for 2024 here
.

Are investors shorting Despegar.com?

Despegar.com saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,360,000 shares, an increase of 293.2% from the March 15th total of 345,900 shares. Based on an average trading volume of 567,800 shares, the short-interest ratio is currently 2.4 days. Currently, 2.5% of the shares of the stock are sold short.
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) issued its earnings results on Wednesday, November, 17th. The company reported ($0.38) EPS for the quarter, missing the consensus estimate 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 negative trailing twelve-month return on equity of 27.86% and a net margin of 4.01%. During the same quarter in the prior year, the firm posted ($0.41) earnings per share.

What ETFs hold Despegar.com's stock?
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 EPS 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 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 variety of institutional and retail investors. Top institutional shareholders include Altfest L J & Co. Inc. (0.07%), Matthews International Capital Management LLC (0.04%) and Harbour Capital Advisors LLC (0.03%).

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 4/24/2024 by MarketBeat.com Staff

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