Despegar.com Corp (NYSE: DESP) is -3.84% lower on its value in year-to-date trading and has touched a low of $9.25 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 $19.14 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $18.51, the stock is -3.50% and -3.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.14 million and changing -3.29% at the moment leaves the stock 19.99% off its SMA200. DESP registered 53.74% gain for a year compared to 6-month gain of 49.52%. The firm has a 50-day simple moving average (SMA 50) of $19.2118 and a 200-day simple moving average (SMA200) of $15.426.
The stock witnessed a -3.64% loss in the last 1 month and extending the period to 3 months gives it a -4.83%, and is -3.74% 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 1.25% over the week and 0.52% over the month.
Despegar.com Corp (DESP) has around 4593 employees, a market worth around $1.55B and $756.30M in sales. Current P/E ratio is 92550.00 and Fwd P/E is 19.54. Profit margin for the company is 2.01%. Distance from 52-week low is 100.11% and -5.32% 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.
Despegar.com Corp (DESP) Top Institutional Holders
242.0 institutions hold shares in Despegar.com Corp (DESP), with institutional investors hold 92.77% of the company’s shares. The shares outstanding are 66.65M, and float is at 64.43M with Short Float at 7.31%. Institutions hold 80.10% of the Float.
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 5.5483 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.26 million shares representing 3.9326% 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.
Despegar.com Corp (DESP) Insider Activity
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