NYSE:DESP Despegar.com (DESP) Stock Price, News & Analysis $11.31 -0.79 (-6.53%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$11.31▼$12.2550-Day Range$9.92▼$14.5052-Week Range$6.09▼$15.82Volume1.14 million shsAverage Volume919,208 shsMarket Capitalization$747.09 millionP/E RatioN/ADividend YieldN/APrice Target$15.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Despegar.com alerts: Email Address Despegar.com MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside39.3% Upside$15.75 Price TargetShort InterestBearish14.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.03Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth46.58%From $0.73 to $1.07 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.2.91 out of 5 starsTransportation Sector70th out of 120 stocksTransportation Services Industry7th out of 17 stocks 3.4 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.Read more about Despegar.com's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.12% 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 5.1.Change versus previous monthShort interest in Despegar.com has recently increased by 7.53%, indicating that investor sentiment is decreasing 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 1.6 News and Social Media Coverage News SentimentDespegar.com has a news sentiment score of -0.03. 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 lower news sentiment than the 0.53 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Despegar.com this week, compared to 3 articles on an average week.Search Interest16 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 129% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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.Read more about Despegar.com's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Despegar.com are expected to grow by 46.58% in the coming year, from $0.73 to $1.07 per share.Price to Earnings Growth RatioDespegar.com has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.Read more about Despegar.com's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… 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 HeadlinesSeptember 7 at 4:50 AM | finance.yahoo.comWhy Despegar.com, Corp. (NYSE:DESP) Could Be Worth WatchingSeptember 1, 2024 | seekingalpha.comWhy Despegar.com Stock Is A Hold Amid Market ChallengesSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 31, 2024 | barrons.comEl AC Milan Sigue Sin DespegarAugust 27, 2024 | msn.comDespegar.com Stock Earns IBD Rating UpgradeAugust 21, 2024 | skift.comHyatt Buys Standard, Shakira Pitches Despegar and Hotel Loyalty LicensingAugust 20, 2024 | skift.comShakira Partners With Despegar for Upcoming Marketing CampaignsAugust 20, 2024 | markets.businessinsider.comDespegar Poised for Growth: Buy Rating Affirmed Despite Short-Term ChallengesSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 17, 2024 | finance.yahoo.comDespegar.com Second Quarter 2024 Earnings: EPS Misses ExpectationsAugust 17, 2024 | seekingalpha.comDespegar.com, Corp. (DESP) Q2 2024 Earnings Call TranscriptAugust 16, 2024 | markets.businessinsider.comStrong EBITDA Growth and Strategic Focus Justify Buy Rating for DespegarAugust 16, 2024 | msn.comDespegar.com, Corp. (NYSE:DESP) Q2 2024 Earnings Call TranscriptAugust 15, 2024 | skift.comDespegar Sells Destination Unit to Iberostar Group, 600 Employees TransferAugust 15, 2024 | marketwatch.comDespegar.com Sells Destination-Services Business to World2MeetAugust 15, 2024 | finance.yahoo.comDespegar Divests Destination Services Business Unit, Driving Further Focus On Its Core Growth StrategiesAugust 15, 2024 | msn.comDespegar.com divests its destination services business unit as part of a plan to maximize capitalAugust 15, 2024 | finance.yahoo.comDespegar.com Announces 2Q24 Financial ResultsSee 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 Earnings11/17/2021Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Transportation services Sub-IndustryTransportation Current SymbolNYSE:DESP Previous SymbolNASDAQ:DESP CUSIPN/A CIK1703141 Webwww.despegar.com.ar Phone541148943500FaxN/AEmployees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$15.75 High Stock Price Target$19.00 Low Stock Price Target$12.00 Potential Upside/Downside+39.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E Ratio15.49 P/E Growth0.82Net Income$24.49 million Net Margins3.30% Pretax Margin6.74% Return on Equity-62.18% Return on Assets7.64% Debt Debt-to-Equity RatioN/A Current Ratio0.83 Quick Ratio0.83 Sales & Book Value Annual Sales$720.99 million Price / Sales1.04 Cash Flow$1.29 per share Price / Cash Flow8.75 Book Value($1.12) per share Price / Book-10.10Miscellaneous Outstanding Shares66,056,000Free Float65,263,000Market Cap$747.09 million OptionableOptionable Beta2.01 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsGrupo Aeroportuario del Centro NorteNASDAQ:OMABCarnival Co. &NYSE:CUKInternational SeawaysNYSE:INSWCorporación América AirportsNYSE:CAAPArcBestNASDAQ:ARCBView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 10,000 shares on 9/5/2024Ownership: 0.015%Coronation Fund Managers Ltd.Bought 1,053,338 shares on 9/4/2024Ownership: 1.595%Gordian Capital Singapore Pte LtdBought 25,000 shares on 8/30/2024Ownership: 0.038%Sylebra Capital LLCBought 1,228,824 shares on 8/16/2024Ownership: 4.425%SkyView Investment Advisors LLCBought 10,756 shares on 8/16/2024Ownership: 0.368%View All Institutional Transactions DESP Stock Analysis - Frequently Asked Questions How have DESP shares performed this year? Despegar.com's stock was trading at $9.46 at the beginning of the year. Since then, DESP stock has increased by 19.6% and is now trading at $11.31. View the best growth stocks for 2024 here. How were Despegar.com's earnings last quarter? Despegar.com, Corp. (NYSE:DESP) issued its 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 earned $83.37 million during the quarter, compared to analyst estimates of $74.70 million. Despegar.com had a net margin of 3.30% and a negative trailing twelve-month return on equity of 62.18%. 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. 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 top institutional shareholders include Sylebra Capital LLC (4.43%), Itau Unibanco Holding S.A. (3.14%), Coronation Fund Managers Ltd. (1.79%) and Coronation Fund Managers Ltd. (1.59%). 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. What other stocks do shareholders of Despegar.com own? Based on aggregate information from My MarketBeat watchlists, some other companies that Despegar.com investors own include Allena Pharmaceuticals (ALNA), Autolus Therapeutics (AUTL), Invesco (IVZ), Sorrento Therapeutics (SRNE), Akari Therapeutics (AKTX), Avadel Pharmaceuticals (AVDL). This page (NYSE:DESP) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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