Despegar.comDESP
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 Q3 regulatory filings by fund managers ($100M+ AUM)
70% more call options, than puts
Call options by funds: $4.83M | Put options by funds: $2.84M
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
10% more funds holding
Funds holding: 148 [Q2] → 163 (+15) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 48
0.52% less ownership
Funds ownership: 100.88% [Q2] → 100.35% (-0.52%) [Q3]
6% less capital invested
Capital invested by funds: $888M [Q2] → $831M (-$57.7M) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Morgan Stanley Brian Nowak 92% 1-year accuracy 24 / 26 met price target | 8%upside $21 | Overweight Maintained | 29 Nov 2024 |
TD Cowen Kevin Kopelman 83% 1-year accuracy 10 / 12 met price target | 28%downside $14 | Sell Downgraded | 25 Nov 2024 |
Financial journalist opinion
Based on 7 articles about DESP published over the past 30 days
