A share price of Despegar.com Corp [DESP] is currently trading at $19.19, down -0.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The DESP shares have lost -0.88% over the last week, with a monthly amount drifted -0.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Despegar.com Corp [NYSE: DESP] stock has seen the most recent analyst activity on December 24, 2024, when TD Cowen upgraded its rating to a Hold. Previously, TD Cowen downgraded its rating to Sell on November 25, 2024, and elevated its price target to $14. On April 29, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $14.50 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $11 on March 07, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $13 on August 11, 2023. B. Riley Securities started tracking with a Buy rating for this stock on June 22, 2023, and assigned it a price target of $10.
Despegar.com Corp experienced fluctuations in its stock price throughout the past year between $8.51 and $19.55. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Despegar.com Corp [NYSE: DESP] shares were valued at $19.19 at the most recent close of the market. An investor can expect a potential return of 9.43% based on the average DESP price forecast.
Analyzing the DESP fundamentals
Trailing Twelve Months sales for Despegar.com Corp [NYSE:DESP] were 756.30M which represents 8.86% growth. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is -28.82 and Total Capital is 0.53. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.17 points at the first support level, and at 19.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.24, and for the 2nd resistance point, it is at 19.28.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Despegar.com Corp [NYSE:DESP] is 0.83. On the other hand, the Quick Ratio is 0.83, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 2.12 and price to earnings (TTM) ratio is 95950.00.
