Currently, there are 66.65M common shares owned by the public and among those 64.43M shares have been available to trade.
The company’s stock has a 5-day price change of -0.47% and 29.96% over the past three months. DESP shares are trading -0.62% year to date (YTD), with the 12-month market performance up to 60.76% higher. It has a 12-month low price of $9.25 and touched a high of $19.55 over the same period. DESP has an average intraday trading volume of 2.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.48%, -0.49%, and 24.53% respectively.
Institutional ownership of Despegar.com Corp (NYSE: DESP) shares accounts for 67.78% of the company’s 66.65M shares outstanding.
It has a market capitalization of $1.60B and a beta (3y monthly) value of 1.64. The stock’s trailing 12-month PE ratio is 95650.00, while the earnings-per-share (ttm) stands at $0.00. The company has a PEG of 1072.43 and a Quick Ratio of 0.83 with the debt-to-equity ratio at 1.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.36% over the week and 0.33% over the month.
Analysts forecast that Despegar.com Corp (DESP) will achieve an EPS of 0.39 for the current quarter, 0.24 for the next quarter and 1.0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.19 while analysts give the company a high EPS estimate of 0.19. Comparatively, EPS for the current quarter was 0.27 a year ago. Earnings per share for the fiscal year are expected to increase by 298.04%, and 26.79% over the next financial year.
TD Cowen coverage for the Despegar.com Corp (DESP) stock in a research note released on November 25, 2024 offered a Sell rating with a price target of $14. Citigroup was of a view on April 29, 2024 that the stock is Neutral, while Cantor Fitzgerald gave the stock Overweight rating on March 07, 2024, issuing a price target of $11. Morgan Stanley on their part issued Overweight rating on August 11, 2023.
