Despegar.com Corp [NYSE: DESP] closed the trading session at $19.20.
The stocks have a year to date performance of -0.26 percent and weekly performance of -0.21 percent. The stock has been moved at 62.44 percent over the last six months. The stock has performed -0.10 percent around the most recent 30 days and changed 13.07 percent over the most recent 3-months.
If compared to the average trading volume of 2.26M shares, DESP reached to a volume of 3508902 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Despegar.com Corp [DESP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DESP shares is $20.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DESP stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Despegar.com Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 24, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $12 to $14. The new note on the price target was released on November 25, 2024, representing the official price target for Despegar.com Corp stock. Previously, the target price had yet another raise from $11.50 to $14.50, while Citigroup kept a Neutral rating on DESP stock.
The Average True Range (ATR) for Despegar.com Corp is set at 0.09, with the Price to Sales ratio for DESP stock in the period of the last 12 months amounting to 2.12. Price to Free Cash Flow for DESP in the course of the last twelve months was 234.29 with Quick ratio for the last quarter at 0.83.
DESP stock trade performance evaluation
Despegar.com Corp [DESP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.21. With this latest performance, DESP shares dropped by -0.10% in over the last four-week period, additionally plugging by 62.44% over the last 6 months – not to mention a rise of 96.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DESP stock in for the last two-week period is set at 52.01, with the RSI for the last a single of trading hit 43.07, and the three-weeks RSI is set at 56.64 for Despegar.com Corp [DESP]. The present Moving Average for the last 50 days of trading for this stock 19.22, while it was recorded at 19.22 for the last single week of trading, and 15.19 for the last 200 days.
Despegar.com Corp [DESP]: An insightful look at the core fundamentals
Despegar.com Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 0.83.
Earnings per share (EPS) analysis for Despegar.com Corp [DESP] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DESP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Despegar.com Corp go to 91.26%.
Despegar.com Corp [DESP]: Institutional Ownership
There are presently around $80.04%, or 92.70%% of DESP stock, in the hands of institutional investors. The top three institutional holders of DESP stocks are: CATTERTON MANAGEMENT COMPANY, L.L.C. with ownership of 7.99 million shares, which is approximately 9.6294%. NEUBERGER BERMAN GROUP LLC, holding 4.61 million shares of the stock with an approximate value of $$60.93 million in DESP stocks shares; and NEUBERGER BERMAN GROUP LLC, currently with $$43.19 million in DESP stock with ownership which is approximately 4.2038%.
