Despegar.com (DESP) Expected to Announce Quarterly Earnings on Wednesday

Despegar.com (NYSE:DESP – Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $212.40 million for the quarter.

Despegar.com Stock Down 0.3 %

Despegar.com stock opened at $19.23 on Wednesday. Despegar.com has a 1-year low of $8.64 and a 1-year high of $19.55. The firm’s fifty day moving average price is $19.23 and its two-hundred day moving average price is $16.02.

Analysts Set New Price Targets

Several research firms have recently weighed in on DESP. TD Cowen upgraded shares of Despegar.com from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th. Morgan Stanley lifted their target price on shares of Despegar.com from $17.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. Two equities research analysts have rated…