With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $13.64 whereas the lowest price it dropped to was $13.18. The 52-week range on DESP shows that it touched its highest point at $15.82 and its lowest point at $6.09 during that stretch. It currently has a 1-year price target of $17.50. Beta for the stock currently stands at 1.99.
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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 6.77%, but this was up by 17.06% over a month. Three-month performance dropped to -2.86% while six-month performance rose 9.88%. The stock gained 95.86% in the past year, while it has gained 39.96% so far this year. A look at the trailing 12-month EPS for DESP yields 0.00 with Next year EPS estimates of 1.00. For the next quarter, that number is 0.17. This implies an EPS growth rate of 304.18% for this year and 30.61% for next year.
Float and Shares Shorts:
At present, 66.65 million DESP shares are outstanding with a float of 44.48 million shares on hand for trading. On 2024-09-13, short shares totaled 6.42 million, which was 890.9999600000001 higher than short shares on 1723680000. In addition to Mr. Damian Scokin as the firm’s CEO & Director, Mr. Martin Rastellino serves as its Co-Founder & Independent Director.
Institutional Ownership:
Through their ownership of 0.98986 of DESP’s outstanding shares, institutional investors have minority 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. In its fiscal quarter reported on 2024-06-30, DESP reported revenue of $185047000.0 and operating income of $26222000.0. Over the past year, revenue came in at $383.41M while operating income stood at -$64.72M. It generated $13437000.0 net income for the quarter, which came to -$98.16M over the last twelve months. The EBITDA in the recently reported quarter was $36829000.0 and diluted EPS was $0.07. 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.
