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The closing price of Despegar.com Corp (NYSE: DESP) was $12.22 for the day, up 3.30% from the previous closing price of $11.83. In other words, the price has increased by $3.30 from its previous closing price. On the day, 0.54 million shares were traded. DESP stock price reached its highest trading level at $12.29 during the session, while it also had its lowest trading level at $11.9.
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 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 107.92. 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 807209216 and an Enterprise Value of 935448768. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40733.33, and their Forward P/E ratio for the next fiscal year is 11.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14. Its current Enterprise Value per Revenue stands at 1.325 whereas that against EBITDA is 8.803.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $13.23, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is 17.09%, while the 200-Day Moving Average is calculated to be 42.72%.
Shares Statistics:
DESP traded an average of 662.14K shares per day over the past three months and 898990 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 61.81% stake in the company. Shares short for DESP as of 1711584000 were 1355650 with a Short Ratio of 2.05, compared to 1709164800 on 231524. Therefore, it implies a Short% of Shares Outstanding of 1355650 and a Short% of Float of 2.4500001.
Earnings Estimates
The stock of Despegar.com Corp (DESP) is currently being evaluated by 2.0 analysts who are actively contributing to its market rating.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 3.0 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 $155.9MFor the next quarter, 2 analysts are estimating revenue of $187.9M. 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 $706.04MBased 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.
