Despegar.com Corp (NYSE: DESP) is 0.94% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DESP stock was last observed hovering at around $19.14 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $19.43, the stock is 1.94% and 1.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.1 million and changing 1.52% at the moment leaves the stock 21.47% off its SMA200. DESP registered 54.33% gain for a year compared to 6-month gain of 37.02%. The firm has a 50-day simple moving average (SMA 50) of $19.151 and a 200-day simple moving average (SMA200) of $15.9951.
The stock witnessed a 1.52% loss in the last 1 month and extending the period to 3 months gives it a 1.04%, and is 1.41% 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 0.53% over the week and 1.33% over the month.
Current P/E ratio is 97150.00 and Fwd P/E is 14.13. Profit margin for the company is 2.01%. Distance from 52-week low is 110.05% and -0.61% 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 47.97% 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
244.0 institutions hold shares in Despegar.com Corp (DESP), with institutional investors hold 92.02% of the company’s shares. The shares outstanding are 66.65M, and float is at 64.43M with Short Float at 10.99%. Institutions hold 79.45% 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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