Is Despegar.com Corp (NYSE: DESP) Proving The Doubters Wrong?

Despegar.com Corp (DESP) concluded trading on Thursday at a closing price of $19.24, with 5.55 million shares of worth about $106.86 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 63.47% during that period and on March 06, 2025 the price saw a gain of about 0.05%. Currently the company’s common shares owned by public are about 66.65M shares, out of which, 64.43M shares are available for trading.

Stock saw a price change of 0.16% in past 5 days and over the past one month there was a price change of 0.21%. Year-to-date (YTD), DESP shares are showing a performance of -0.05% which increased to 118.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.64 but also hit the highest price of $19.55 during that period. The average intraday trading volume for Despegar.com Corp shares is 2.03 million. The stock is currently trading -0.06% below its 20-day simple moving average (SMA20), while that difference is up 0.52% for SMA50 and it goes to 27.55% higher than SMA200.

Despegar.com Corp (NYSE: DESP) currently have 66.65M outstanding shares and institutions hold larger chunk of about 67.68% of that.

The stock has a current market capitalization of $1.61B and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 96200.00, while it has posted earnings per share of $0.00 in the same period. Its PEG reads 1054.13 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DESP, volatility over the week remained 0.33% while standing at 0.32% over the month.

Stock’s fiscal year EPS is expected to rise by 277.69% while it is estimated to increase by 32.68% in next year.

Coverage by TD Cowen stated Despegar.com Corp (DESP) stock as a Sell in their note to investors on November 25, 2024, suggesting a price target of $14 for the stock. On April 29, 2024, Citigroup Downgrade their recommendations, while on March 07, 2024, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $11. Stock get an Overweight rating from Morgan Stanley on August 11, 2023.

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