Despegar.com (DESP) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $16.01 to $16.76
• 50-Day Range: $12.60 to $18.75
• 52-Week Range: $8.06 to $19.00
• Volume: 1.05 million shs
• Average Volume: 937,366 shs
• Market Capitalization: $1.09 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.20
• Consensus Rating: Hold

Despegar.com Stock Analysis - MarketRank™

Despegar.com scored higher than 45% of companies evaluated by MarketBeat, and ranked 94th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Despegar.com has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Despegar.com has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 27.59%

Earnings Growth

Earnings for Despegar.com are expected to grow by 27.59% in the coming year, from $0.87 to $1.11 per share.

Price to Earnings Growth Ratio

Despegar.com has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

12.20% of the float of Despegar.com has been sold short.

Short Interest Ratio / Days to Cover

Despegar.com has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Despegar.com has recently decreased by 9.97%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Despegar.com does not currently pay a dividend.

Dividend Growth

Despegar.com does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.20% of the float of Despegar.com has been sold short.

Short Interest Ratio / Days to Cover

Despegar.com has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Despegar.com has recently decreased by 9.97%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.43

News Sentiment

Despegar.com has a news sentiment score of 1.43. 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 0.77 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Despegar.com this week, compared to 4 articles on an average week.

Search Interest

8 people have searched for DESP on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

2 people have added Despegar.com to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Despegar.com insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.20% of the stock of Despegar.com is held by insiders.

Percentage Held by Institutions

67.93% of the stock of Despegar.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DESP Stock Analysis - Frequently Asked Questions

How have DESP shares performed this year?

Despegar.com's stock was trading at $9.46 at the start of the year. Since then, DESP stock has increased by 74.8% and is now trading at $16.54.
View the best growth stocks for 2024 here.

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) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by $0.06. The business had revenue of $83.37 million for the quarter, compared to analyst estimates of $74.70 million. Despegar.com had a net margin of 4.45% and a negative trailing twelve-month return on equity of 58.97%.

When did Despegar.com IPO?

Despegar.com (DESP) raised $314 million in an initial public offering 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 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 top institutional investors include WCM Investment Management LLC (3.94%), Itau Unibanco Holding S.A. (3.18%), Woodson Capital Management LP (2.16%) and MayTech Global Investments LLC (1.67%).

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 American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), Humana (HUM), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/17/2021
• Today: 12/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Transportation services
• Sub-Industry: Transportation
• Current Symbol: NYSE:DESP
• Previous Symbol: NASDAQ:DESP
• CUSIP: N/A
• CIK: 1703141
• Web: www.despegar.com.ar
• Phone: 541148943500
• Fax: N/A
• Employees: 4,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.20
• High Stock Price Target: $21.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +5.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 18.80
• P/E Growth: 1
• Net Income: $24.49 million
• Net Margins: 4.45%
• Pretax Margin: 5.98%
• Return on Equity: -58.97%
• Return on Assets: 6.70%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $720.99 million
• Price / Sales: 1.50
• Cash Flow: $1.35 per share
• Price / Cash Flow: 12.09
• Book Value: ($1.90) per share
• Price / Book: -8.61

Miscellaneous

• Outstanding Shares: 66,056,000
• Free Float: 65,263,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 2.00