Despegar Corp Stock Today
| DESP Stock | USD 12.81 0.04 0.31% |
Performance13 of 100
| Odds Of DistressLess than 3
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Despegar Corp is selling at 12.81 as of the 29th of April 2024; that is 0.31 percent up since the beginning of the trading day. The stock's last reported lowest price was 12.74. Despegar Corp has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Despegar Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 20th of September 2017 | Category Consumer Cyclical | Classification Consumer Discretionary |
Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina. Despegar Corp operates under Travel Services classification in the United States and is traded on New York Stock Exchange. The company has 66.06 M outstanding shares of which 1.11 M shares are currently shorted by private and institutional investors with about 0.84 trading days to cover. More on Despegar Corp
Moving together with Despegar Stock
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Moving against Despegar Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 16th of May 2024
Despegar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Despegar Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Despegar Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Brazil | Alexandre Moshe | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Internet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Internet & Direct Marketing Retail, Travel Services, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Despegar Corp report their recommendations after researching Despegar Corp's financial statements, talking to executives and customers, or listening in on Despegar Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Despegar Corp. The Despegar consensus assessment is calculated by taking the average forecast from all of the analysts covering Despegar Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Despegar Corp's profitability, liquidity, and operating efficiency, Despegar Corp is performing exceptionally good at the moment. It has a great risk to report excellent financial results in May. Financial strength of Despegar Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Despegar Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Despegar Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Despegar Corp's financial leverage. It provides some insight into what part of Despegar Corp's total assets is financed by creditors.
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Despegar Corp (DESP) is traded on New York Stock Exchange in USA. It is located in Avenida Jujuy 2013, Buenos Aires, Argentina, C1247ABI and employs 22 people. Despegar Corp is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 846.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Despegar Corp's market, we take the total number of its shares issued and multiply it by Despegar Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Despegar Corp conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 66.06 M outstanding shares of which 1.11 M shares are currently shorted by private and institutional investors with about 0.84 trading days to cover.
Despegar Corp currently holds about 236.56 M in cash with 26.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Check Despegar Corp Probability Of Bankruptcy
Ownership AllocationDespegar Corp holds a total of 66.06 Million outstanding shares. The majority of Despegar Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Despegar Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Despegar Corp. Please pay attention to any change in the institutional holdings of Despegar Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Despegar Ownership Details
Despegar Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Despegar Corp jumping above the current price in 90 days from now is about 6.17%. The Despegar Corp probability density function shows the probability of Despegar Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1601 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Despegar Corp will likely underperform. Additionally, despegar Corp has an alpha of 0.3439, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Despegar Corp to move above the current price in 90 days from now is about 6.17 (This Despegar Corp probability density function shows the probability of Despegar Stock to fall within a particular range of prices over 90 days) .
Despegar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Despegar Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Despegar Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Despegar Corp's value.| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2023-12-31 | 1.1 M | |
| Norges Bank | 2023-12-31 | 700 K | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 693.5 K | |
| Sapience Investments, Llc | 2023-12-31 | 680.3 K | |
| Sylebra Capital Llc | 2023-12-31 | 504 K | |
| Amundi | 2023-12-31 | 428.5 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 410.9 K | |
| Timessquare Capital Management, Llc | 2023-12-31 | 396.4 K | |
| Two Sigma Investments Llc | 2023-12-31 | 309.6 K | |
| Neuberger Berman Group Llc | 2023-12-31 | 4.4 M | |
| Moerus Capital Management Llc | 2023-12-31 | 3.7 M |
Despegar Corp Historical Income Statement
Despegar Corp Income Statement is one of the three primary financial statements used for reporting Despegar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Despegar Corp revenue and expense. Despegar Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Despegar Corp's Net Income is relatively stable compared to the past year. As of 04/29/2024, Income Tax Expense is likely to grow to about 3.8 M, while Selling And Marketing Expenses is likely to drop slightly above 166 M. View More FundamentalsDespegar Stock Against Markets
Picking the right benchmark for Despegar Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Despegar Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Despegar Corp is critical whether you are bullish or bearish towards Despegar Corp at a given time. Please also check how Despegar Corp's historical prices are related to one of the top price index indicators.
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Despegar Corp Corporate Management
Elected by the shareholders, the Despegar Corp's board of directors comprises two types of representatives: Despegar Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Despegar. The board's role is to monitor Despegar Corp's management team and ensure that shareholders' interests are well served. Despegar Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Despegar Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Jay | Director | Profile | |
| Gonzalo Estebarena | Chief Commercial Director | Profile | |
| Dirk Donath | Director | Profile | |
| Alberto Gaffney | Chief Officer | Profile | |
| Andrs Patetta | Chief Officer | Profile | |
| Amit Singh | Chief Officer | Profile | |
| Mario Vazquez | Independent Director | Profile |
How to buy Despegar Stock?
Before investing in Despegar Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Despegar Corp. To buy Despegar Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Despegar Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Despegar Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Despegar Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Despegar Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Despegar Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Despegar Stock please use our How to Invest in Despegar Corp guide.
Already Invested in Despegar Corp?
The danger of trading Despegar Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Despegar Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Despegar Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Despegar Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Despegar Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Despegar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Despegar Corp Stock. Highlighted below are key reports to facilitate an investment decision about Despegar Corp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Despegar Stock analysis
When running Despegar Corp's price analysis, check to measure Despegar Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Despegar Corp is operating at the current time. Most of Despegar Corp's value examination focuses on studying past and present price action to predict the probability of Despegar Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Despegar Corp's price. Additionally, you may evaluate how the addition of Despegar Corp to your portfolios can decrease your overall portfolio volatility.
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Is Despegar Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Despegar Corp. If investors know Despegar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Despegar Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 9.149 | Quarterly Revenue Growth 0.399 | Return On Assets 0.0511 | Return On Equity 0.5739 |
The market value of Despegar Corp is measured differently than its book value, which is the value of Despegar that is recorded on the company's balance sheet. Investors also form their own opinion of Despegar Corp's value that differs from its market value or its book value, called intrinsic value, which is Despegar Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Despegar Corp's market value can be influenced by many factors that don't directly affect Despegar Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Despegar Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Despegar Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Despegar Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.