Despegar.com Corp (NYSE: DESP) has a higher price-to-earnings ratio of 95650.00x compared to its average ratio, The 36-month beta value for DESP is at 1.97. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for DESP is 59.43M, and currently, shorts hold a 4.65% of that float. The average trading volume for DESP on January 15, 2025 was 1.72M shares.
DESP) stock’s latest price update
The stock of Despegar.com Corp (NYSE: DESP) has decreased by -0.05 when compared to last closing price of 19.14.Despite this, the company has seen a loss of -0.05% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-08 that Prosus N.V. stock trades at a significant discount to its NAV, which primarily consists of Tencent Holdings Limited shares. Tencent itself has underperformed recently, meaning that Prosus potentially offers a “double discount” opportunity for value investors. I don’t think Prosus can eliminate its NAV discount any time soon, but moves such as the Despegar.com acquisition are incrementally small steps in the right direction.
DESP’s Market Performance
DESP’s stock has fallen by -0.05% in the past week, with a monthly rise of 13.33% and a quarterly rise of 51.83%. The volatility ratio for the week is 0.45% while the volatility levels for the last 30 days are 2.25% for Despegar.com Corp The simple moving average for the last 20 days is 4.42% for DESP’s stock, with a simple moving average of 37.67% for the last 200 days.
Analysts’ Opinion of DESP
TD Cowen, on the other hand, stated in their research note that they expect to see DESP reach a price target of $14, previously predicting the price at $12. The rating they have provided for DESP stocks is “Sell” according to the report published on November 25th, 2024.
Citigroup gave a rating of “Neutral” to DESP, setting the target price at $14.50 in the report published on April 29th of the previous year.
DESP Trading at 10.75% 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 -2.15% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 0.45%, as shares surge +11.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.51% upper at present.
During the last 5 trading sessions, DESP fell by -0.03%, which changed the moving average for the period of 200-days by +59.99% in comparison to the 20-day moving average, which settled at $18.32. In addition, Despegar.com Corp saw -0.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DESP
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.72 for the gross margin
The net margin for Despegar.com Corp stands at 0.05. The total capital return value is set at 0.55.
Based on Despegar.com Corp (DESP), the company’s capital structure generated -2.03 points at debt to capital in total, while cash flow to debt ratio is standing at 1.3. The debt to equity ratio resting at -0.67. The interest coverage ratio of the stock is 2.98.
Currently, EBITDA for the company is 114.46 million with net debt to EBITDA at -0.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 2.66for 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 conclusion, Despegar.com Corp (DESP) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
