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After finishing at $19.22 in the prior trading day, Despegar.com Corp (NYSE: DESP) closed at $19.21, down -0.05%. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 3.78 million shares were traded. DESP stock price reached its highest trading level at $19.24 during the session, while it also had its lowest trading level at $19.1901.
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 7.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 234.41. 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.
On November 25, 2024, TD Cowen Downgraded its rating to Sell which previously was Buy and also upped its target price recommendation from $12 to $14.
Citigroup Downgraded its Buy to Neutral on April 29, 2024, whereas the target price for the stock was revised from $11.50 to $14.50.
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 1606221056 and an Enterprise Value of 1608293888. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 96050.00, and their Forward P/E ratio for the next fiscal year is 20.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1052.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12. Its current Enterprise Value per Revenue stands at 2.127 whereas that against EBITDA is 10.396.
Stock Price History:
The Beta on a monthly basis for DESP is 1.61, which has changed by 0.6142857 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, DESP has reached a high of $19.55, while it has fallen to a 52-week low of $9.25. The 50-Day Moving Average of the stock is -0.05%, while the 200-Day Moving Average is calculated to be 25.75%.
Shares Statistics:
The stock has traded on average 2.30M shares per day over the past 3-months and 2743430 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 64.43M. Insiders hold about 22.92% of the company’s shares, while institutions hold 67.78% stake in the company. Shares short for DESP as of 1740700800 were 2649395 with a Short Ratio of 1.15, compared to 1738281600 on 1058380. Therefore, it implies a Short% of Shares Outstanding of 2649395 and a Short% of Float of 3.2.
