Despegar.com Corp (NYSE: DESP) is -0.36% lower on its value in year-to-date trading and has touched a low of $8.06 and a high of $19.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DESP stock was last observed hovering at around $19.22 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $19.18, the stock is -0.02% and 5.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.65 million and changing -0.21% at the moment leaves the stock 33.92% off its SMA200. DESP registered 115.02% gain for a year compared to 6-month gain of 78.75%. The firm has a 50-day simple moving average (SMA 50) of $18.1936 and a 200-day simple moving average (SMA200) of $14.28415.
The stock witnessed a -0.36% loss in the last 1 month and extending the period to 3 months gives it a 32.28%, and is -0.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.47% over the week and 0.52% over the month.
Despegar.com Corp (DESP) has around 4593 employees, a market worth around $1.60B and $756.30M in sales. Current P/E ratio is 95900.00 and Fwd P/E is 19.98. Profit margin for the company is 2.01%. Distance from 52-week low is 138.11% and -1.89% from its 52-week high. The company has generated returns on investments over the last 12 months (22.55%).
The EPS is expected to grow by 288.90% this year.
Despegar.com Corp (DESP) Top Institutional Holders
The shares outstanding are 66.65M, and float is at 59.43M with Short Float at 2.55%.
The top institutional shareholder in the company is CATTERTON MANAGEMENT COMPANY, L.L.C. with over 7.99 million shares valued at $105.74 million. The investor’s holdings represent 10.2933% of the DESP Shares outstanding. As of 2024-06-30, the second largest holder is NEUBERGER BERMAN GROUP LLC with 4.61 million shares valued at $60.93 million to account for 5.9309 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.26 million shares representing 4.2038% and valued at over $43.19 million, while MITSUBISHI UFJ TRUST & BANKING CORP holds 3.8232 of the shares totaling 2.97 million with a market value of $39.28 million.
Despegar.com Corp (DESP) Insider Activity
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