NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis → Gold Mania (From Stansberry Research) (Ad) Free DESP Stock Alerts $12.30 -0.08 (-0.65%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$12.20▼$12.7050-Day Range$8.51▼$13.1352-Week Range$5.24▼$13.23Volume666,008 shsAverage Volume852,740 shsMarket Capitalization$812.54 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/Downside16.9% Upside$14.38 Price TargetShort InterestHealthy2.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.77Based on 8 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 Sector337th out of 678 stocksTransportation Services Industry43rd out of 90 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. 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 3.8 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of 0.77. 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 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest10 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 67% 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 38% 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 InsidersOnly 1.20% of the stock of Despegar.com is held by insiders.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. 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 -47.29, 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 -47.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Allegiance GoldCould Your Accounts Be Frozen?The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.Get your Free Wealth Protection Kit 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 1, 2024 | investorplace.com3 Stocks That Could Turn $5K Into a FortuneMay 1, 2024 | americanbankingnews.comDespegar.com (NYSE:DESP) Rating Reiterated by CitigroupMay 4, 2024 | Allegiance Gold (Ad)Could Your Accounts Be Frozen?The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.April 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 2023April 26, 2024 | msn.comParís cerrará espacio aéreo para salvaguardar apertura de los Juegos OlímpicosMay 4, 2024 | Allegiance Gold (Ad)Could Your Accounts Be Frozen?The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.April 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 TranscriptMarch 16, 2024 | investorplace.comThe Clock is Ticking: 3 Stocks Set to Explode in the Next QuarterSee 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 Earnings11/17/2021Today5/04/2024Next 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+16.9%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 Ratio14.30 P/E GrowthN/ANet Income$29.04 million Net Margins4.01% Pretax Margin4.55% Return on Equity-27.86% Return on Assets3.71% Debt Debt-to-Equity RatioN/A Current Ratio0.81 Quick Ratio0.80 Sales & Book Value Annual Sales$706.04 million Price / Sales1.15 Cash Flow$1.05 per share Price / Cash Flow11.74 Book Value($1.84) per share Price / Book-6.68Miscellaneous Outstanding Shares66,056,000Free Float65,263,000Market Cap$812.16 million OptionableOptionable Beta2.03 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies 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:GBTGGlobal Ship LeaseNYSE:GSLNordic American TankersNYSE:NATCryoportNASDAQ:CYRXView All CompetitorsInstitutional OwnershipGSA Capital Partners LLPSold 8,582 shares on 5/3/2024Ownership: 0.099%Mirae Asset Global Investments Co. Ltd.Sold 104,674 shares on 5/1/2024Ownership: 0.284%BNP Paribas Financial MarketsBought 29,905 shares on 5/1/2024Ownership: 0.229%Activest Wealth ManagementBought 3,288 shares on 4/24/2024Ownership: 0.005%Altfest L J & Co. Inc.Bought 2,179 shares on 4/22/2024Ownership: 0.073%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions Should I buy or sell Despegar.com stock right now? 4 Wall Street equities 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 equities 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 brokers 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 16.9% 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 the year. Since then, DESP shares have increased by 30.0% and is now trading at $12.2950. 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 trading volume, of 664,700 shares, the short-interest ratio is presently 1.7 days. Approximately 2.0% of the company's stock 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) issued its quarterly earnings results 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 had revenue of $83.37 million for 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 previous year, the firm posted ($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 earnings per share (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 $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 retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.28%), BNP Paribas Financial Markets (0.23%), GSA Capital Partners LLP (0.10%), 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 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchStock-Picking AI Predicts #1 Stock of 2024AltimetryHave You Seen Elon’s New A.I. Device? 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