Investors in cash trouble should check out Despegar.com Corp (DESP)

With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on DESP shows that it touched its highest point at $12.94 and its lowest point at $4.92 during that stretch. It currently has a 1-year price target of $12.70. Beta for the stock currently stands at 2.05.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DESP was up-trending over the past week, with a rise of 0.50%, but this was up by 40.54% over a month. Three-month performance surged to 26.29% while six-month performance rose 70.61%. The stock gained 103.06% in the past year, while it has gained 26.43% so far this year. A look at the trailing 12-month EPS for DESP yields 0.00 with Next year EPS estimates of 1.05. For the next quarter, that number is 0.14. This implies an EPS growth rate of 300.98% for this year and 38.93% for next year.

Float and Shares Shorts:

At present, 66.06 million DESP shares are outstanding with a float of 55.25 million shares on hand for trading. On Mar 15, 2024, short shares totaled 0.35 million, which was 0.52% higher than short shares on Feb 15, 2024. In addition to DEEP as the firm’s DEEP, RESP serves as its RESP.

Institutional Ownership:

Through their ownership of 74.06% of DESP’s outstanding shares, institutional investors have majority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. Over the past year, revenue came in at $383.41M while operating income stood at -$64.72M. EBITDA for the full year was -$28.50M.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DESP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.