Closing Strong: Despegar.com Corp (DESP) Ends at 19.15, Down -0.10 from Last Close

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

After finishing at $19.17 in the prior trading day, Despegar.com Corp (NYSE: DESP) closed at $19.15, down -0.10%. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 1.6 million shares were traded. DESP stock price reached its highest trading level at $19.22 during the session, while it also had its lowest trading level at $19.095.

Ratios:

Our goal is to gain a better understanding of DESP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 233.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.26.

On November 25, 2024, TD Cowen Downgraded its rating to Sell which previously was Buy and also upped its target price recommendation from $12 to $14.

Citigroup Downgraded its Buy to Neutral on April 29, 2024, whereas the target price for the stock was revised from $11.50 to $14.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DESP now has a Market Capitalization of 1601204224 and an Enterprise Value of 1603309696. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 95750.00, and their Forward P/E ratio for the next fiscal year is 13.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2189.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12. Its current Enterprise Value per Revenue stands at 2.12 whereas that against EBITDA is 9.488.

Stock Price History:

The Beta on a monthly basis for DESP is 1.59, which has changed by 0.49492586 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, DESP has reached a high of $19.55, while it has fallen to a 52-week low of $9.25. The 50-Day Moving Average of the stock is 0.01%, while the 200-Day Moving Average is calculated to be 20.15%.

Shares Statistics:

The stock has traded on average 2.41M shares per day over the past 3-months and 1558370 shares per day over the last 10 days, according to various share statistics. A total of 66.65M shares are outstanding, with a floating share count of 64.43M. Insiders hold about 22.92% of the company’s shares, while institutions hold 67.51% stake in the company. Shares short for DESP as of 1743379200 were 6181360 with a Short Ratio of 2.57, compared to 1740700800 on 2649395. Therefore, it implies a Short% of Shares Outstanding of 6181360 and a Short% of Float of 7.48.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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