The stock of Despegar.com Corp (DESP) has gone up by 0.18% for the week, with a -1.00% drop in the past month and a 28.37% rise in the past quarter. The volatility ratio for the week is 0.49%, and the volatility levels for the past 30 days are 0.61% for DESP. The simple moving average for the past 20 days is 0.33% for DESP’s stock, with a 35.78% 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 96275.00x, Company’s 36-month beta value is 1.97.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for DESP is 58.97M, and currently, short sellers hold a 2.57% ratio of that floaft. The average trading volume of DESP on January 28, 2025 was 1.77M shares.
DESP) stock’s latest price update
The stock price of Despegar.com Corp (NYSE: DESP) has surged by 0.13 when compared to previous closing price of 19.23, but the company has seen a 0.18% gain in its stock price over the last five trading sessions. 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.
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 7.11% 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 -1.51% of loss for the given period.
Volatility was left at 0.61%, however, over the last 30 days, the volatility rate increased by 0.49%, as shares sank -0.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.97% upper at present.
During the last 5 trading sessions, DESP rose by +0.10%, which changed the moving average for the period of 200-days by +49.96% in comparison to the 20-day moving average, which settled at $19.19. In addition, Despegar.com Corp saw 0.03% 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:
- 0.16 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 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.
