Despegar.com Corp (NYSE: DESP) is -1.71% 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 $18.91 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $18.92, the stock is -0.89% and -1.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.08 million and changing 0.05% at the moment leaves the stock 21.68% off its SMA200. DESP registered 55.21% gain for a year compared to 6-month gain of 46.21%. The firm has a 50-day simple moving average (SMA 50) of $19.1802 and a 200-day simple moving average (SMA200) of $15.5488.
The stock witnessed a -1.66% loss in the last 1 month and extending the period to 3 months gives it a -0.94%, and is 2.22% 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 1.88% over the week and 0.89% over the month.
Current P/E ratio is 94600.00 and Fwd P/E is 13.76. Profit margin for the company is 2.01%. Distance from 52-week low is 104.54% and -3.22% 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 27.17% 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
241.0 institutions hold shares in Despegar.com Corp (DESP), with institutional investors hold 92.48% 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 79.85% 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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