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The closing price of Despegar.com Corp (NYSE: DESP) was $15.00 for the day, up 1.01% from the previous closing price of $14.85. In other words, the price has increased by $1.01 from its previous closing price. On the day, 1.32 million shares were traded. DESP stock price reached its highest trading level at $15.68 during the session, while it also had its lowest trading level at $14.955.
Ratios:
Our analysis of DESP’s different ratios will help us gain a deeper understanding of the company. 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 1080813056 and an Enterprise Value of 1257591040. As of this moment, Despegar.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75000.00, and their Forward P/E ratio for the next fiscal year is 15.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2521.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35. Its current Enterprise Value per Revenue stands at 1.698 whereas that against EBITDA is 9.474.
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 $6.75. The 50-Day Moving Average of the stock is 14.15%, while the 200-Day Moving Average is calculated to be 24.28%.
Shares Statistics:
DESP traded an average of 897.11K shares per day over the past three months and 832270 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 82.38% stake in the company. Shares short for DESP as of 1728950400 were 6032204 with a Short Ratio of 6.72, compared to 1726185600 on 6417589. Therefore, it implies a Short% of Shares Outstanding of 6032204 and a Short% of Float of 8.48.
