In the past week, DESP stock has gone up by 3.19%, with a monthly gain of 13.31% and a quarterly surge of 43.55%. The volatility ratio for the week is 3.74%, and the volatility levels for the last 30 days are 3.94% for Despegar.com Corp The simple moving average for the past 20 days is 4.29% for DESP’s stock, with a 23.17% simple moving average for the past 200 days.
Is It Worth Investing in Despegar.com Corp (NYSE: DESP) Right Now?
The price-to-earnings ratio for Despegar.com Corp (NYSE: DESP) is above average at 74500.00x, Company’s 36-month beta value is 1.96.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for DESP is 44.48M, and currently, short sellers hold a 13.56% ratio of that floaft. The average trading volume of DESP on November 08, 2024 was 888.87K shares.
DESP) stock’s latest price update
The stock of Despegar.com Corp (NYSE: DESP) has decreased by -0.67 when compared to last closing price of 15.00. Despite this, the company has experienced a 3.19% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-07 that BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it will report its Third Quarter 2024 results on Thursday, November 14, after the market close. Earnings Release Thursday, November 14, 2024 Time: After Market Close Conference Call Thursday, November 14, 2024 Time: 4:30 p.m. Eastern Time To participate, please dial +1 (888) 330-2413 (U.S. domestic) +1 (240) 789-2721 (In.
Analysts’ Opinion of DESP
Many brokerage firms have already submitted their reports for DESP stocks, with Citigroup repeating the rating for DESP by listing it as a “Neutral.” The predicted price for DESP in the upcoming period, according to Citigroup is $14.50 based on the research report published on April 29, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see DESP reach a price target of $11. The rating they have provided for DESP stocks is “Overweight” according to the report published on March 07th, 2024.
Morgan Stanley gave a rating of “Overweight” to DESP, setting the target price at $13 in the report published on August 11th of the previous year.
DESP Trading at 12.90% from the 50-Day Moving Average
After a stumble in the market that brought DESP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.82% of loss for the given period.
Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares surge +16.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.65% upper at present.
During the last 5 trading sessions, DESP rose by +3.19%, which changed the moving average for the period of 200-days by +58.01% in comparison to the 20-day moving average, which settled at $14.29. In addition, Despegar.com Corp saw 57.51% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DESP
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.7 for the gross margin
The net margin for Despegar.com Corp stands at 0.04. The total capital return value is set at 0.43.
Based on Despegar.com Corp (DESP), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 2.05. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 2.28.
Currently, EBITDA for the company is 120.08 million with net debt to EBITDA at -1.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 2.9for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.
Conclusion
In a nutshell, Despegar.com Corp (DESP) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
