The closing price of Despegar.com Corp (NYSE: DESP) was $11.48 for the day, down -5.82% from the previous closing price of $12.19. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 549323 shares were traded.
Ratios:
Our analysis of DESP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on March 07, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.
On August 11, 2023, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $6.50 to $13.
On June 22, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $10.B. Riley Securities initiated its Buy rating on June 22, 2023, with a $10 target price.
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 758.33M and an Enterprise Value of 586.34M. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38266.67, and their Forward P/E ratio for the next fiscal year is 10.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07. Its current Enterprise Value per Revenue stands at 1.00 whereas that against EBITDA is 41.22.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $12.94, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is 9.70, while the 200-Day Moving Average is calculated to be 8.25.
Shares Statistics:
DESP traded an average of 557.69K shares per day over the past three months and 1.59M shares per day over the past ten days. A total of 66.06M shares are outstanding, with a floating share count of 55.25M. Insiders hold about 16.37% of the company’s shares, while institutions hold 63.83% stake in the company. Shares short for DESP as of Mar 15, 2024 were 345.87k with a Short Ratio of 0.62, compared to 232.92k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.52% and a Short% of Float of 0.63%.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.15, while EPS last year was -$0.1. The consensus estimate for the next quarter is $0.16, with high estimates of $0.18 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.99 and $0.76 for the fiscal current year, implying an average EPS of $0.9. EPS for the following year is $1.15, with 3 analysts recommending between $1.27 and $0.91.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $177.4M to a low estimate of $173.1M. As of the current estimate, Despegar.com Corp’s year-ago sales were $155.9M, an estimated increase of 12.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $187.9M, an increase of 18.30% over than the figure of $12.40% in the same quarter last year. There is a high estimate of $192.4M for the next quarter, whereas the lowest estimate is $183.4M.
A total of 3 analysts have provided revenue estimates for DESP’s current fiscal year. The highest revenue estimate was $823.17M, while the lowest revenue estimate was $819.5M, resulting in an average revenue estimate of $821.39M. In the same quarter a year ago, actual revenue was $706.04M, up 16.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $916.4M in the next fiscal year. The high estimate is $932.2M and the low estimate is $905.49M. The average revenue growth estimate for next year is up 11.60% from the average revenue estimate for this year.
