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As of close of business last night, Despegar.com Corp’s stock clocked out at $14.50, down -1.36% from its previous closing price of $14.70. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.58 million shares were traded. DESP stock price reached its highest trading level at $14.88 during the session, while it also had its lowest trading level at $14.49.
Ratios:
To gain a deeper understanding of DESP’s stock, we examine its different ratios. 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 0.88 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 1059197376 and an Enterprise Value of 1216088960. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72500.00, and their Forward P/E ratio for the next fiscal year is 14.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2436.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31. Its current Enterprise Value per Revenue stands at 1.642 whereas that against EBITDA is 9.161.
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 $6.27. The 50-Day Moving Average of the stock is 12.92%, while the 200-Day Moving Average is calculated to be 21.54%.
Shares Statistics:
It appears that DESP traded 940.43K shares on average per day over the past three months and 1080710 shares per day over the past ten days. A total of 66.65M shares are outstanding, with a floating share count of 44.48M. Insiders hold about 33.26% of the company’s shares, while institutions hold 82.91% stake in the company. Shares short for DESP as of 1728950400 were 6032204 with a Short Ratio of 6.41, compared to 1726185600 on 6417589. Therefore, it implies a Short% of Shares Outstanding of 6032204 and a Short% of Float of 8.48.
Earnings Estimates
The market rating of Despegar.com Corp (DESP) is currently shaped by the ongoing analysis conducted by 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.3, with high estimates of $0.32 and low estimates of $0.27.
Analysts are recommending an EPS of between $0.88 and $0.53 for the fiscal current year, implying an average EPS of $0.72. EPS for the following year is $1.04, with 5.0 analysts recommending between $1.22 and $0.88.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $214.99M. There is a high estimate of $220.85M for the next quarter, whereas the lowest estimate is $211.4M.
A total of 6 analysts have provided revenue estimates for DESP’s current fiscal year. The highest revenue estimate was $774M, while the lowest revenue estimate was $760.3M, resulting in an average revenue estimate of $765.07M. In the same quarter a year ago, actual revenue was $706.04MBased on 6 analysts’ estimates, the company’s revenue will be $855.38M in the next fiscal year. The high estimate is $890.16M and the low estimate is $810.2M.
