Despegar.com Corp (NYSE: DESP) is -0.05% lower on its value in year-to-date trading and has touched a low of $8.64 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 $19.23 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $19.24, the stock is -0.06% and 0.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.55 million and changing 0.05% at the moment leaves the stock 27.55% off its SMA200. DESP registered 118.64% gain for a year compared to 6-month gain of 63.47%.
The stock witnessed a 0.21% loss in the last 1 month and extending the period to 3 months gives it a 8.52%, and is 0.16% up 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 0.33% over the week and 0.32% 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 96200.00 and Fwd P/E is 20.32. Profit margin for the company is 2.01%. Distance from 52-week low is 122.69% and -1.59% from its 52-week high. The company has generated returns on investments over the last 12 months (22.55%).
with sales reaching $212.4M over the same period.The EPS is expected to grow by 277.69% this year, but quarterly earnings will post 8.03% year-over-year. Quarterly sales are estimated to grow 4.29% in year-over-year returns.
The shares outstanding are 66.65M, and float is at 64.43M with Short Float at 2.53%.
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 9.6294 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 3.5766 of the shares totaling 2.97 million with a market value of $39.28 million.
