NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → The Department of Defense Has a New Drone Contractor (From The Tomorrow Investor) (Ad) Free DESP Stock Alerts $12.14 -0.26 (-2.10%) (As of 05/10/2024 08:54 PM ET) Add Compare Share Share Today's Range$12.13▼$12.5650-Day Range$8.67▼$13.3852-Week Range$5.28▼$13.59Volume539,700 shsAverage Volume669,738 shsMarket Capitalization$801.97 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/Downside18.4% Upside$14.38 Price TargetShort InterestHealthy0.67% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.48Based on 5 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.2.94 out of 5 starsTransportation Sector65th out of 116 stocksTransportation Services Industry7th 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 Shorted0.67% 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 0.5, 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 66.86%, 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 3.0 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest9 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 50% 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 -46.69, 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 -46.69, 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 True Market InsidersExposed: 10 CENT Crypto to Explode May 20th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…Click For My #1 FREE Crypto for 2024 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 9, 2024 | americanbankingnews.comDespegar.com (DESP) to Release Quarterly Earnings on ThursdayMay 7, 2024 | businesswire.comDespegar.com to Announce First Quarter 2024 Financial Results on May 16, 2024May 13, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 1, 2024 | investorplace.com3 Stocks That Could Turn $5K Into a FortuneApril 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 13, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.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 Earnings11/17/2021Today5/13/2024Next Earnings (Confirmed)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+18.4%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 Ratio14.12 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 / Sales1.14 Cash Flow$1.03 per share Price / Cash Flow11.80 Book Value($1.90) per share Price / Book-6.39Miscellaneous Outstanding Shares66,060,000Free Float65,263,000Market Cap$801.97 million OptionableOptionable Beta2.03 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 OwnershipMitsubishi UFJ Trust & Banking CorpSold 119,794 shares on 5/10/2024Ownership: 4.859%Acadian Asset Management LLCBought 262,436 shares on 5/10/2024Ownership: 0.397%TimesSquare Capital Management LLCBought 63,600 shares on 5/7/2024Ownership: 0.696%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%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Despegar.com in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 1 year price objectives for Despegar.com's shares. Their DESP share price targets range from $13.00 to $16.00. On average, they predict the company's stock price to reach $14.38 in the next twelve months. This suggests a possible upside of 18.4% 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 start of the year. Since then, DESP shares have increased by 28.3% and is now trading at $12.14. View the best growth stocks for 2024 here. Are investors shorting Despegar.com? Despegar.com saw a decrease in short interest in April. As of April 30th, there was short interest totaling 367,800 shares, a decrease of 66.9% from the April 15th total of 1,110,000 shares. Based on an average daily trading volume, of 772,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the company's 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 can I listen to Despegar.com's earnings call? Despegar.com will be holding an earnings conference call on Thursday, May 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) posted its quarterly earnings data on Wednesday, November, 17th. The company reported ($0.38) earnings per share for the quarter, missing analysts' consensus estimates of ($0.32) by $0.06. The company 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 23.75% and a net margin of 3.37%. During the same quarter in the prior year, the company earned ($0.41) earnings per share. 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 updated 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 (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 many different retail and institutional investors. Top institutional investors include Mitsubishi UFJ Trust & Banking Corp (4.86%), TimesSquare Capital Management LLC (0.70%), Yarra Square Partners LP (0.58%), Acadian Asset Management LLC (0.40%), Mirae Asset Global Investments Co. Ltd. (0.28%) and BNP Paribas Financial Markets (0.23%). 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 5/13/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport SocietyThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorHe Is Giving Away BitcoinCrypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Crypto 9-5 Escape PlanCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Despegar.com, Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
