Profile
Sector:
Consumer CyclicalIndustry:
Travel ServicesCountry:
British Virgin IslandsIPO:
20 September 2017Website:
http://www.us.despegar.comNext earnings report:
08 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:05:17 GMTDividend
Analysts recommendations
Institutional Ownership
DESP Latest News
Despegar.com (DESP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Despegar.com (DESP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DESP crossed above the 20-day moving average, suggesting a short-term bullish trend.
Despegar.com is a strong buy due to its robust constant-currency bookings growth and market-leading position in Latin America, despite FX headwinds. The company benefits from exposure to fast-growing emerging economies, increasing middle-class travel in Latin America, and lucrative vacation package deals, boosting its take rates. U.S. interest rate cuts could ease FX headwinds, enhancing Despegar's appeal as a value stock with a low 5.2x EV/FY24 adjusted EBITDA multiple.
Despegar.com, Corp. (NYSE:DESP ) Q2 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Sebastian Mackinnon - Chief Partner and Corporate Affairs Manager Gonzalo Estebarena - Chief Technology Officer Amit Singh - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Securities Andrew Ruben - Morgan Stanley Jacob Seed - TD Cowen Brett Knoblauch - Cantor Fitzgerald Operator Good morning and welcome to Despegar's First Quarter 2024 Earnings Conference Call.
EAT, VRT, and DESP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 30, 2024.
Here is how Despegar.com (DESP) and SkyWest (SKYW) have performed compared to their sector so far this year.
SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024.
SIMO, DESP and KBH made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 23, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Despegar.com (DESP) and SkyWest (SKYW) have performed compared to their sector so far this year.
- 1(current)
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What type of business is Despegar?
Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. It operates through three segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The company sells airline tickets, travel packages, hotel rooms, car rentals, bus and cruise tickets, travel insurance products, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. It also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, the company offers loan origination services to its travel business' customers and to customers of other merchants in various industries; payment processing, fraud identification, credit scoring and IT services to travel business and third-party merchants; and Koin, an online payment and consumer lending services platform. Further, it provides advertising and media solutions to advertisers. The company offers travel products and services under the Despegar, Despegar.com, Decolar, Decolar.com, Best Day, BD Experience, Viajanet, Stays, and HotelDo brand names. Despegar.com, Corp. was founded in 1999 and is headquartered in Road Town, the British Virgin Islands.
What sector is Despegar in?
Despegar is in the Consumer Cyclical sector
What industry is Despegar in?
Despegar is in the Travel Services industry
What country is Despegar from?
Despegar is headquartered in British Virgin Islands
When did Despegar go public?
Despegar initial public offering (IPO) was on 20 September 2017
What is Despegar website?
https://www.us.despegar.com
Is Despegar in the S&P 500?
No, Despegar is not included in the S&P 500 index
Is Despegar in the NASDAQ 100?
No, Despegar is not included in the NASDAQ 100 index
Is Despegar in the Dow Jones?
No, Despegar is not included in the Dow Jones index
When was Despegar the previous earnings report?
No data
When does Despegar earnings report?
The next expected earnings date for Despegar is 08 November 2024