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The price of Despegar.com Corp (NYSE: DESP) closed at $10.23 in the last session, up 2.51% from day before closing price of $9.98. In other words, the price has increased by $2.51 from its previous closing price. On the day, 1.86 million shares were traded. DESP stock price reached its highest trading level at $10.475 during the session, while it also had its lowest trading level at $10.055.
Ratios:
We take a closer look at DESP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 7.03 whereas as Long-Term Debt/Eq ratio is at 2.31.
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 737114432 and an Enterprise Value of 837943488. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34100.00, and their Forward P/E ratio for the next fiscal year is 9.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95. Its current Enterprise Value per Revenue stands at 1.162 whereas that against EBITDA is 6.364.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $15.82, while it has fallen to a 52-week low of $6.09. The 50-Day Moving Average of the stock is -23.39%, while the 200-Day Moving Average is calculated to be -3.74%.
Shares Statistics:
According to the various share statistics, DESP traded on average about 1.24M shares per day over the past 3-months and 1101570 shares per day over the past 10 days. A total of 66.65M shares are outstanding, with a floating share count of 55.48M. Insiders hold about 16.76% of the company’s shares, while institutions hold 77.73% stake in the company. Shares short for DESP as of 1721001600 were 5489979 with a Short Ratio of 4.44, compared to 1718323200 on 722506. Therefore, it implies a Short% of Shares Outstanding of 5489979 and a Short% of Float of 7.7199996.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 3.0 analysts currently analyzing and rating the stock of Despegar.com Corp (DESP).The consensus estimate for the next quarter is $0.22, with high estimates of $0.25 and low estimates of $0.2.
Analysts are recommending an EPS of between $0.96 and $0.53 for the fiscal current year, implying an average EPS of $0.8. EPS for the following year is $1.09, with 5.0 analysts recommending between $1.29 and $0.96.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $184.93M. It ranges from a high estimate of $187.4M to a low estimate of $182.4M. As of the current estimate, Despegar.com Corp’s year-ago sales were $158.85MFor the next quarter, 3 analysts are estimating revenue of $208.5M. There is a high estimate of $215.6M for the next quarter, whereas the lowest estimate is $198.3M.
A total of 6 analysts have provided revenue estimates for DESP’s current fiscal year. The highest revenue estimate was $820.55M, while the lowest revenue estimate was $774M, resulting in an average revenue estimate of $802.59M. In the same quarter a year ago, actual revenue was $706.04MBased on 5 analysts’ estimates, the company’s revenue will be $905.73M in the next fiscal year. The high estimate is $943.42M and the low estimate is $869M.
