Continuation Wedge (Bullish)
|Bid||7.60 x 1200|
|Ask||7.73 x 900|
|Day's Range||7.61 - 8.01|
|52 Week Range||4.44 - 15.44|
|Beta (5Y Monthly)||2.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.25|
In this article you are going to find out whether hedge funds think Despegar.com, Corp. (NYSE:DESP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, today announced that it has signed a $40 million committed revolving credit facility (the "Facility") with Citibank. The Facility has a 1-year term, renewable for an additional six months if certain financial covenants are met. This financing provides Despegar with additional financial flexibility with funds expected to be used for general corporate purposes.
In an acquisition put through the upheaval of the pandemic, Despegar said Thursday it would now acquire the Mexican travel agency Best Day at a discounted price. In January, Despegar first proposed buying Best Day for $136 million. But later during the first signs of a travel downturn from the pandemic, the Argentine-based travel agency […]
Despegar.com, Corp. (NYSE:DESP), ("Despegar"), the leading online travel company in Latin America, today announced that it has amended its previously announced agreement to acquire Best Day Travel Group ("Best Day"). Best Day is expected to represent a key asset for Despegar, given its strong presence and brand awareness in Mexico.
Events can overtake optimism as shown by the sharp strategy shift since January or Despegar, the largest online travel agency in Latin America. Despegar's chief financial officer Alberto Lopez Gaffney said on March 5, "We are very positive, very positive on the year that we're looking ahead." At the time, the company was modeling only […]
Image source: The Motley Fool. Despegar.com, Corp. (NYSE: DESP)Q1 2020 Earnings CallMay 4, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to the Despegar First Quarter 2020 Earnings Call.
Despegar.com (DESP) delivered earnings and revenue surprises of 24.14% and -2.83%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Despegar.com (NYSE:DESP) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 133.33% year over year to ($0.01), which beat the estimate of ($0.23).Revenue of $76,082,000 lower by 42.84% from the same period last year, which missed the estimate of $78,250,000.Looking Ahead Despegar.com hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 04, 2020View more earnings on DESPTime: 01:03 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2157695&sessionid=1&key=9158A72C0934B4A1BE4D3933A4CD0C51®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $15.44Company's 52-week low was at $4.44Price action over last quarter: down 38.55%Company Overview Despegar.com Corp is an online travel company in Latin America. Its product offering includes airline tickets, packages, hotels and other travel-related products, which enables consumers to find, compare, plan and purchase travel products easily through its marketplace. The company provides a technology platform for managing the distribution of products and access to users to the network of travel suppliers. It operates through two segments namely Air which consists of the sale of airline tickets; and Packages, Hotels, and Other Travel Products which consists of travel packages, as well as sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services.See more from Benzinga * Epizyme: Q1 Earnings Insights * Stocks That Hit 52-Week Lows On Friday * Price Over Earnings Overview: Michaels Companies(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a leading online travel company in Latin America, today announced unaudited results for the three-months ended March 31, 2020. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2020 results on Monday, May 4, 2020 before the market opens.
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company"), the leading online travel company in Latin America, announced today that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 20-F") on April 10, 2020. As a result of the unprecedented impact that the COVID-19 pandemic is having on the global economy and the travel industry, in advance of its next quarterly earnings release, which will take place on or about May 4, 2020, the Company is providing an update of its performance during the first quarter of 2020, including the following:
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, today provided a further update on the operational and financial measures being taken in connection with the impact of COVID-19 which has affected travel and tourism worldwide.
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") the leading online travel company in Latin America, announced today that management is withdrawing first quarter 2020 guidance provided during its fourth quarter 2019 earnings call that took place on March 5, 2020 as the extent and duration of COVID-19 and the impact it will have on the travel industry, is difficult to predict at this time.
You might think an online travel agency group based in Buenos Aires would be stung by Latin America's ongoing economic woes. But you'd be only partly right. Despegar has navigated troubled times at home by diversifying its product mix and geographic markets and by driving more direct bookings. In late 2019, Latin America's airline gross […]
Despegar.com, Corp. (NYSE: DESP), ("Despegar" or the "Company") a leading online travel company in Latin America, today announced unaudited results for the three-months and fiscal year ended December 31, 2019. Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles.
Despegar said Monday it would acquire Best Day, one of the largest travel agencies in Mexico, for $136 million as it looks to grow mobile bookings. The purchase price was 17 times Best Day's earnings before interest, tax, depreciation, and amortization — a measure of profit — of $8 million last year. In 2019, Best […]
When you compete with larger players, you sometimes need to ignore the conventional wisdom if you want to avoid getting crushed. That’s the view of Despegar, an online travel agency in more than 20 Latin American countries. Since he became Despegar CEO in 2017, Damián Scokin has charted a distinctive course. Scokin has ignored the […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
Despegar.com (DESP) delivered earnings and revenue surprises of 28.57% and 7.10%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Despegar.com (DESP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Despegar.com, Corp. (NYSE:DESP) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]