Despegar.com Corp. (DESP)

NYSE: DESP · IEX Real-Time Price · USD
5.70
-0.30 (-5.00%)
Sep 30, 2022 4:00 PM EDT - Market closed
-5.00%
Market Cap 377.55M
Revenue (ttm) 454.76M
Net Income (ttm) -81.47M
Shares Out 66.24M
EPS (ttm) -1.55
PE Ratio n/a
Forward PE 44.44
Dividend n/a
Ex-Dividend Date n/a
Volume 462,940
Open 5.67
Previous Close 6.00
Day's Range 5.62 - 5.85
52-Week Range 5.50 - 13.37
Beta 1.84
Analysts Buy
Price Target 10.76 (+88.8%)
Earnings Date Nov 15, 2022

About DESP

Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates in two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets; and travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also p... [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date Sep 20, 2017
Employees 3,824
Stock Exchange NYSE
Ticker Symbol DESP
Full Company Profile

Financial Performance

In 2021, Despegar.com's revenue was $322.84 million, an increase of 145.82% compared to the previous year's $131.33 million. Losses were -$105.87 million, -25.90% less than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for DESP stock is "Buy." The 12-month stock price forecast is 10.76, which is an increase of 88.77% from the latest price.

Price Target
$10.76
(88.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Despegar Announces Participation in Morgan Stanley Conference

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced its upcoming participation in Mor...

2 weeks ago - Business Wire

Despegar.com (DESP) Reports Q2 Loss, Tops Revenue Estimates

Despegar.com (DESP) delivered earnings and revenue surprises of -53.33% and 4.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Despegar.com Announces 2Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for t...

1 month ago - Business Wire

Despegar.com Announces Second Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2022 results on Thur...

1 month ago - Business Wire

Despegar Announces Appointment of New Board Member

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)-- #inspiringtogether--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that Dirk Donath, a membe...

3 months ago - Business Wire

Despegar Board of Directors Approves New Share Repurchase Program

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that on June 13, 2022, the Company's Board of ...

3 months ago - Business Wire

Despegar Completes Acquisition of 100% of Brazilian Online Travel Agency Viajanet

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has completed the previously announced...

3 months ago - Business Wire

Despegar.com (DESP) Reports Q1 Loss, Tops Revenue Estimates

Despegar.com (DESP) delivered earnings and revenue surprises of -221.43% and 8.93%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Despegar.com Announces 1Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced unaudited financial results ...

4 months ago - Business Wire

Despegar.com Announces First Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2022 results on Thurs...

4 months ago - Business Wire

Despegar Signs $15M Deal for Viajanet in Travel Agency Expansion

Latin American digital travel agency giant Despegar.com signed a $15 million acquisition deal for the Brazilian travel agency TVLX Viagens e Turismo S.A (Viajanet) as part of its regional consolidation ...

4 months ago - PYMNTS

Despegar to Acquire 100% of Viajanet, an Online Travel Agency in Brazil

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has agreed to acquire TVLX Viagens e T...

4 months ago - Business Wire

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2021

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the f...

5 months ago - Business Wire

Despegar.com Announces Participation at Upcoming Investor Conferences

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced its participation at upcomin...

5 months ago - Business Wire

Despegar.Com to Host Investor Day on June 14, 2022 in New York

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) the leading online travel company in Latin America, today announced that it will host an Analyst ...

5 months ago - Business Wire

Despegar.com (DESP) Reports Q4 Loss, Tops Revenue Estimates

Despegar.com (DESP) delivered earnings and revenue surprises of -54.55% and 14.27%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Despegar.com Announces 4Q21 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced unaudited financial results ...

6 months ago - Business Wire

Despegar.com Announces Fourth Quarter 2021 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2021 results on Thur...

7 months ago - Business Wire

Why Despegar Stock Flew 21% Higher in January

The Latin American travel website is expected to book big gains in 2022.

7 months ago - The Motley Fool

Got $3,000? Here Are 2 Stocks to Buy and Hold for the Long Term

These promising companies are poised for strong performance over the next decade and beyond.

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8 months ago - The Motley Fool

3 Growth Stocks That Are Screaming Buys Right Now

Some incredibly promising companies are trading at huge discounts.

Other symbols: CHGGEXPE
8 months ago - The Motley Fool

Despegar.com (DESP): Strong Industry, Solid Earnings Estimate Revisions

Despegar.com (DESP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

9 months ago - Zacks Investment Research

Despegar.com Shares Pop On Q3 Earnings Beat

Despegar.com Corp (NYSE: DESP) reported third-quarter FY21 sales growth of 610.4% year-on-year, to $83.4 million, beating the analyst consensus of $74.90 million. Revenues declined 37% versus 3Q19.

10 months ago - Benzinga

Despegar.com (DESP) Reports Q3 Loss, Tops Revenue Estimates

Despegar.com (DESP) delivered earnings and revenue surprises of 9.09% and 11.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Recap: Despegar.com Q3 Earnings

Despegar.com (NYSE:DESP) reported its Q3 earnings results on Wednesday, November 17, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

10 months ago - Benzinga