Despegar.com Corp (NYSE:DESP) currently has a daily average trading volume of 2.40M but it saw 2324608 shares traded in last market. With a market cap of 1.59B USD, the company’s current market price of $19.02 came falling about -0.42 while comparing to the previous closing price of $19.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.55 and as low as $9.25. In the recent trading on the day, stock has struck highest price mark of $18.95 while lowest mark touched by it was $19.14.
Taking a look at 20-day trading activity of Despegar.com Corp (DESP) gives us an average price of $19.05, while its current price level is -2.71% below from 52-week high level whereas it is 105.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.16 while that of 200 days or SMA-200 reads an average of $15.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.97% during that period while stretching the period over a month that decreases to 1.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.67 which implies that the stock is in neutral territory.
TD Cowen downgraded its recommendation for the stock as a “Sell” from “Buy” on November 25, 2024 while assigning a price target range of $12-$14. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $11.50 and $14.50.
Over the week, DESP’s stock price is moving 0.58% up while it is -1.04% when we observe its performance for the past one month. Year-to-date it is -1.19% down and over the past year, the stock is showing an upside performance of 53.88%.
The company is expected to be releasing its next quarterly report on 2024-Nov-13, for which analysts forecasted an EPS of 0.39 while estimate for next year EPS is 0.85. In next quarter, company is expected to be making quarterly sales of $178.5M as analysts are expecting the sales for current fiscal year at $762.7M and seeing the company making $826.92M in sales next year. Moreover, analysts are in estimates of $212.4M for current-quarter revenue.
Currently, Despegar.com Corp’s total number of outstanding shares is 66.65M with 13.66% of that held by the insiders while 79.85% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 22.55%. It has a price to earnings ratio (P/E ratio) of 95100.00 while having a 13.84 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to sale or P/S ratio amounts to 2.10. Its return on asset (ROA) is 4.25% on average.
