NYSE:DESP

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

$11.84
+0.19 (+1.63%)
(As of 04/22/2024 ET)
Today's Range
$11.64
$11.88
50-Day Range
$8.11
$13.13
52-Week Range
$4.92
$13.23
Volume
798,386 shs
Average Volume
623,515 shs
Market Capitalization
$781.82 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
21.1% Upside
$14.33 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.92mentions of Despegar.com in the last 14 days
Based on 2 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.

2.43 out of 5 stars

Transportation Sector

79th out of 111 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

Despegar.com, Corp. (DESP)
Despegar.com (NYSE:DESP) Trading Down 4.8%
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Despegar.com (NYSE:DESP) Reaches New 1-Year High at $13.12
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
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
4/22/2024
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
+21.1%
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
$781.82 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 year. 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 shares. 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 21.1% 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 25.1% and is now trading at $11.8350.
View the best growth stocks for 2024 here
.

Are investors shorting Despegar.com?

Despegar.com saw a increase in short interest in 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 daily volume of 567,800 shares, the short-interest ratio is currently 2.4 days. Currently, 2.5% of the company's shares 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) released 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 firm had revenue of $83.37 million for the quarter, compared to the consensus estimate of $74.70 million. Despegar.com had a net margin of 4.01% and a negative trailing twelve-month return on equity of 27.86%. During the same period in the previous year, the firm earned ($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 (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.

Who are Despegar.com's major shareholders?

Despegar.com's stock is owned by many different institutional and retail investors. Top institutional investors 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 4/23/2024 by MarketBeat.com Staff

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