Despegar.com Corp (DESP)’s Day in Review: Closing at 15.15, Down by -8.46

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After finishing at $16.55 in the prior trading day, Despegar.com Corp (NYSE: DESP) closed at $15.15, down -8.46%. In other words, the price has decreased by -$8.46 from its previous closing price. On the day, 1.3 million shares were traded. DESP stock price reached its highest trading level at $16.68 during the session, while it also had its lowest trading level at $15.1.

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 4.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 147.41. 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.

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 the company, TD Cowen on November 25, 2024, Downgraded its rating to Sell and sets its target price to $14 from $12 previously.

On April 29, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $11.50 to $14.50.

On March 07, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on March 07, 2024, with a $11 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 1271463680 and an Enterprise Value of 1245970432. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75750.00, and their Forward P/E ratio for the next fiscal year is 15.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2554.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34. Its current Enterprise Value per Revenue stands at 1.683 whereas that against EBITDA is 9.386.

Stock Price History:

Over the past 52 weeks, DESP has reached a high of $19.00, while it has fallen to a 52-week low of $8.06. The 50-Day Moving Average of the stock is -3.36%, while the 200-Day Moving Average is calculated to be 14.53%.

Shares Statistics:

The stock has traded on average 1.02M shares per day over the past 3-months and 885120 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 47.39M. Insiders hold about 28.90% of the company’s shares, while institutions hold 88.77% stake in the company. Shares short for DESP as of 1730332800 were 6014009 with a Short Ratio of 5.66, compared to 1727654400 on 6740782. Therefore, it implies a Short% of Shares Outstanding of 6014009 and a Short% of Float of 8.459999999999999.

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