Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Despegar.com Corp (NYSE: DESP) closed at $14.65 down -0.48% from its previous closing price of $14.72. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 1.75 million shares were traded. DESP stock price reached its highest trading level at $14.92 during the session, while it also had its lowest trading level at $14.42.
Ratios:
For a deeper understanding of Despegar.com Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 141.86. 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.
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, TD Cowen on November 25, 2024, Downgraded its rating to Sell and sets its target price to $14 from $12 previously.
On April 29, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $11.50 to $14.50.
On March 07, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on March 07, 2024, with a $11 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 1229501184 and an Enterprise Value of 1245970432. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73250.00, and their Forward P/E ratio for the next fiscal year is 15.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2470.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28. Its current Enterprise Value per Revenue stands at 1.683 whereas that against EBITDA is 9.386.
Stock Price History:
Over the past 52 weeks, DESP has reached a high of $19.00, while it has fallen to a 52-week low of $8.06. The 50-Day Moving Average of the stock is -6.97%, while the 200-Day Moving Average is calculated to be 10.28%.
Shares Statistics:
For the past three months, DESP has traded an average of 1.03M shares per day and 1049530 over the past ten days. A total of 66.65M shares are outstanding, with a floating share count of 47.39M. Insiders hold about 28.90% of the company’s shares, while institutions hold 88.77% stake in the company. Shares short for DESP as of 1730332800 were 6014009 with a Short Ratio of 5.60, compared to 1727654400 on 6740782. Therefore, it implies a Short% of Shares Outstanding of 6014009 and a Short% of Float of 8.459999999999999.
