Despegar.com (NYSE:DESP - Get Free Report) is anticipated to release its earnings data after the market closes on Wednesday, March 12th. Analysts expect Despegar.com to post earnings of $0.39 per share and revenue of $212.40 million for the quarter.
Despegar.com Price Performance
Despegar.com stock traded up $0.02 during midday trading on Friday, hitting $19.26. 3,167,872 shares of the stock were exchanged, compared to its average volume of 1,315,574. The stock's 50-day simple moving average is $19.22 and its 200 day simple moving average is $16.18. Despegar.com has a fifty-two week low of $9.25 and a fifty-two week high of $19.55.
Analyst Ratings Changes
A number of brokerages have recently issued reports on DESP. B. Riley downgraded shares of Despegar.com from a "strong-buy" rating to a "hold" rating in a report on Wednesday. Morgan Stanley raised their target price on Despegar.com from $17.00 to $21.00 and gave the stock an "overweight" rating in a research note on Friday, November 29th. Finally, TD Cowen upgraded Despegar.com from a "sell" rating to a "hold" rating in a research report on Tuesday, December 24th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Despegar.com presently has a consensus rating of "Hold" and an average target price of $17.20.
Check Out Our Latest Analysis on DESP
About Despegar.com
(
Get Free Report)
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.
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