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As of close of business last night, Despegar.com Corp’s stock clocked out at $17.71, up 2.02% from its previous closing price of $17.36. In other words, the price has increased by $2.02 from its previous closing price. On the day, 1.29 million shares were traded. DESP stock price reached its highest trading level at $17.71 during the session, while it also had its lowest trading level at $16.825.
Ratios:
To gain a deeper understanding of DESP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 172.31. 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, Citigroup on April 29, 2024, Downgraded its rating to Neutral and sets its target price to $14.50 from $11.50 previously.
On March 07, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.
Morgan Stanley Upgraded its Equal-Weight to Overweight on August 11, 2023, whereas the target price for the stock was revised from $6.50 to $13.
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 1486311680 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 88550.00, and their Forward P/E ratio for the next fiscal year is 17.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3017.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56. 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 $18.00, while it has fallen to a 52-week low of $7.83. The 50-Day Moving Average of the stock is 27.25%, while the 200-Day Moving Average is calculated to be 42.80%.
Shares Statistics:
It appears that DESP traded 913.90K shares on average per day over the past three months and 1598160 shares per day over the past ten days. 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 88.62% stake in the company. Shares short for DESP as of 1730332800 were 6014009 with a Short Ratio of 6.58, compared to 1727654400 on 6740782. Therefore, it implies a Short% of Shares Outstanding of 6014009 and a Short% of Float of 8.459999999999999.
