In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $12.95 in the prior trading day, Despegar.com Corp (NYSE: DESP) closed at $12.83, down -0.93%. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 0.96 million shares were traded. DESP stock price reached its highest trading level at $12.94 during the session, while it also had its lowest trading level at $12.55.
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 3.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 113.31. 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 6.01 whereas as Long-Term Debt/Eq ratio is at 2.15.
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 924455360 and an Enterprise Value of 883796992. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42766.67, and their Forward P/E ratio for the next fiscal year is 11.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20. Its current Enterprise Value per Revenue stands at 1.252 whereas that against EBITDA is 8.138.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $13.59, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is 13.26%, while the 200-Day Moving Average is calculated to be 44.59%.
Shares Statistics:
The stock has traded on average 781.72K shares per day over the past 3-months and 1024900 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 55.25M. Insiders hold about 16.37% of the company’s shares, while institutions hold 62.69% stake in the company. Shares short for DESP as of 1713139200 were 1110308 with a Short Ratio of 1.42, compared to 1710460800 on 345868. Therefore, it implies a Short% of Shares Outstanding of 1110308 and a Short% of Float of 1.5599999999999998.
