Despegar.com Corp (NYSE:DESP) currently has a daily average trading volume of 919.40K but it saw 995806 shares traded in last market. With a market cap of 945.10M USD, the company’s current market price of $14.18 came falling about -3.54 while comparing to the previous closing price of $14.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.82 and as low as $6.09. In the recent trading on the day, stock has struck highest price mark of $13.9 while lowest mark touched by it was $14.6.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which downgraded the stock as “Neutral” in its note to investors issued on April 29, 2024, recommending a price target of between $11.50 and $14.50 for it. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $6.50 and $13.
Over the week, DESP’s stock price is moving 7.42% up while it is 11.48% when we observe its performance for the past one month. Year-to-date it is 49.89% up and over the past year, the stock is showing an upside performance of 125.80%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0 beaten by the consensus estimate of 0.07 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.19 while estimate for next year EPS is 0.72. In next quarter, company is expected to be making quarterly sales of $214.99M as analysts are expecting the sales for current fiscal year at $765.07M and seeing the company making $855.38M in sales next year. Moreover, analysts are in estimates of $189.81M for current-quarter revenue.
Currently, Despegar.com Corp’s total number of outstanding shares is 66.65M. Company’s return on investment (ROI) stands at 17.68%. It has a price to earnings ratio (P/E ratio) of 70900.00 while having a 14.21 of forward P/E ratio. Stock’s beta reads 2.00. Stock has a price to sale or P/S ratio amounts to 1.28. Its return on asset (ROA) is 3.23% on average.
