Despegar.com Corp (NYSE: DESP) is -0.16% 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 0.0%.
Currently trading at $19.22, the stock is 0.07% and 4.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 0.00% at the moment leaves the stock 31.86% off its SMA200. DESP registered 129.08% gain for a year compared to 6-month gain of 84.81%. The firm has a 50-day simple moving average (SMA 50) of $18.3782 and a 200-day simple moving average (SMA200) of $14.5435.
The stock witnessed a 0.31% loss in the last 1 month and extending the period to 3 months gives it a 28.13%, and is 0.00% 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 0.15% over the week and 0.35% over the month.
Despegar.com Corp (DESP) has around 4593 employees, a market worth around $1.61B and $756.30M in sales. Current P/E ratio is 96100.00 and Fwd P/E is 20.02. Profit margin for the company is 2.01%. Distance from 52-week low is 138.61% and -1.69% from its 52-week high. The company has generated returns on investments over the last 12 months (22.55%).
with sales reaching $213.52M over the same period.The EPS is expected to grow by 288.90% this year, but quarterly earnings will post 7.94% year-over-year. Quarterly sales are estimated to grow 4.84% in year-over-year returns.
The shares outstanding are 66.65M, and float is at 64.33M with Short Float at 1.65%.
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.
