Despegar.comDESP
Market Cap: $888M
About: 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: 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. Its geographical segments are Argentina, Brazil, Uruguay, Mexico, and other countries.
Employees: 4,593
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
220% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 20
100% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 8 (+4) [Q2]
79% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $1.16M
66% more capital invested
Capital invested by funds: $530M [Q1] → $882M (+$352M) [Q2]
42% more funds holding
Funds holding: 104 [Q1] → 148 (+44) [Q2]
35% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 31
32.87% more ownership
Funds ownership: 67.3% [Q1] → 100.17% (+32.87%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
TD Cowen Kevin Kopelman 78% 1-year accuracy 7 / 9 met price target | 3%downside $12 | Buy Maintained | 20 Aug 2024 |
Cantor Fitzgerald Thomas Shinske 80% 1-year accuracy 4 / 5 met price target | 38%upside $17 | Overweight Reiterated | 16 Aug 2024 |
Citigroup Joao Pedro Soares 100% 1-year accuracy 1 / 1 met price target | 22%upside $15 | Neutral Maintained | 22 Jul 2024 |