NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → Crypto Pioneer Says: “The last crypto bull market has begun.” (From InvestorPlace) (Ad) Free MMYT Stock Alerts $77.03 +1.43 (+1.89%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$74.92▼$77.6850-Day Range$60.45▼$77.0352-Week Range$25.31▼$77.68Volume911,357 shsAverage Volume771,235 shsMarket Capitalization$8.18 billionP/E Ratio167.46Dividend YieldN/APrice Target$52.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.8% Downside$52.50 Price TargetShort InterestHealthy3.48% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.91Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth52.33%From $0.86 to $1.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.46 out of 5 starsComputer And Technology Sector1495th out of 1,797 stocksTransportation Services Industry34th out of 45 stocks 1.3 Analyst's Opinion Consensus RatingMakeMyTrip has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMakeMyTrip has only been the subject of 1 research reports in the past 90 days.Read more about MakeMyTrip's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.48% of the outstanding shares of MakeMyTrip have been sold short.Short Interest Ratio / Days to CoverMakeMyTrip has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in MakeMyTrip has recently decreased by 3.91%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldMakeMyTrip does not currently pay a dividend.Dividend GrowthMakeMyTrip does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MMYT. Previous Next 2.7 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for MakeMyTrip this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for MMYT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MakeMyTrip insiders have not sold or bought any company stock.Percentage Held by Insiders10.30% of the stock of MakeMyTrip is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions51.89% of the stock of MakeMyTrip is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MakeMyTrip's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 52.33% in the coming year, from $0.86 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 167.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 139.78.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 167.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 255.50.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 9.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about MakeMyTrip's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsDid Intel Just Dethrone Nvidia?Intel (INTC) just announced a brand-new AI venture - the Aurora supercomputer. This computer was specifically designed for artificial intelligence and is now the fastest AI-centered computer on the planet. You can get all the details here. About MakeMyTrip Stock (NASDAQ:MMYT)MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels and packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents network, as well as mobile service platform. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.Read More MMYT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MMYT Stock News HeadlinesMay 10, 2024 | finance.yahoo.comMakeMyTrip Shares Being Booked by Big MoneyMay 9, 2024 | investorplace.comThe 3 Hottest Airline Stocks to Consider Before Summer Travel Starts to SizzleMay 8, 2024 | skift.comMakeMyTrip Is Bringing Back Experiences. Plus: CEO on Latest Spending PatternsMay 8, 2024 | americanbankingnews.comMakeMyTrip (MMYT) to Release Quarterly Earnings on WednesdayMay 2, 2024 | investorplace.com3 Under-the-Radar Stocks for Your Spring Must-Buy ListMay 2, 2024 | businesswire.comMakeMyTrip Limited to report Fiscal 2024 Fourth Quarter and Full Year Financial & Operating Results on May 15, 2024April 28, 2024 | investorplace.com3 Tourism Stocks to Buy for 100% Returns by 2025April 26, 2024 | investorplace.comVacation-Bound: 3 Travel Stocks Set to Surge This SummerApril 26, 2024 | markets.businessinsider.comHere's what Wall Street expects from Guangzhou Automobile Group's earningsApril 25, 2024 | msn.comIndia’s Travel Trends: MakeMyTrip Reveals AllApril 24, 2024 | seekingalpha.comMakeMyTrip: Favorable Growth Outlook With Profitability Improvement PotentialApril 22, 2024 | skift.comHow Indians Are Traveling Now: Takeaways From MakeMyTrip’s First Trend ReportApril 20, 2024 | nasdaq.comInteresting MMYT Put And Call Options For June 21stApril 19, 2024 | finance.yahoo.comMakeMyTrip (MMYT) Stock Moves -0.52%: What You Should KnowApril 18, 2024 | investorplace.com7 Under-The-Radar Growth Stocks to Buy for Multibagger Returns by 2030April 17, 2024 | msn.comMakeMyTrip (MMYT) Price Target Increased by 7.09% to 66.75April 16, 2024 | markets.businessinsider.comMakemytrip’s Positive Traffic Trends and Stable Financial Outlook Merit Buy RatingApril 16, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - MMYTApril 11, 2024 | skift.comMakeMyTrip Introduces Exclusive Mumbai-Bhutan Charter Services – India ReportApril 10, 2024 | investorplace.com7 Must-Buy Growth Stocks That are Blue-Chips in the MakingApril 10, 2024 | finance.yahoo.comMakeMyTrip (NASDAQ:MMYT) Is Experiencing Growth In Returns On CapitalApril 9, 2024 | investorplace.comShort-Selling Bonanza: 3 Overhyped Tech Stocks to Bet AgainstApril 4, 2024 | msn.comDelhi HC Dismisses PIL Against These Travel Companies Amid Data Security Concerns Raised By UsersMarch 24, 2024 | msn.com'Boycott this Chinese app and cancel all the bookings': MakeMyTrip faces boycott calls on social media, sparks uninstall threatsMarch 20, 2024 | msn.comMeraDoc, MakeMyTrip Partner To Offer Real-Time Medical Services Across IndiaSee More Headlines Receive MMYT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MakeMyTrip and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2021Today5/14/2024Next Earnings (Confirmed)5/15/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Transportation services Sub-IndustryN/A Current SymbolNASDAQ:MMYT CUSIPN/A CIK1495153 Webwww.makemytrip.com Phone911244395000FaxN/AEmployees4,090Year Founded2000Price Target and Rating Average Stock Price Target$52.50 High Stock Price Target$60.00 Low Stock Price Target$45.00 Potential Upside/Downside-31.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio167.46 Forward P/E Ratio89.57 P/E GrowthN/ANet Income$-11,320,000.00 Net Margins6.93% Pretax Margin6.91% Return on Equity10.13% Return on Assets6.37% Debt Debt-to-Equity Ratio0.02 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$728.16 million Price / Sales11.23 Cash Flow$0.43 per share Price / Cash Flow177.24 Book Value$8.25 per share Price / Book9.34Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$8.18 billion OptionableOptionable Beta1.26 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Rajesh Magow (Age 55)Co-Founder, Group CEO & Director Mr. Deep Kalra (Age 55)Founder, Group Chairman & Chief Mentor Mr. Mohit Kabra (Age 53)Group Chief Financial Officer Mr. Sanjay Mohan (Age 59)Group Chief Technology Officer Mr. Ravi Prakash TyagiVice President of AdministrationMr. Vipul GargVice President of Investor RelationsMr. Raj Rishi SinghChief Marketing Officer & Chief Business Officer of CorporateMr. Yuvaraj Srivastava (Age 53)Group Chief Human Resource Officer Mr. Saujanya Shrivastava (Age 50)Chief Business Officer and COO of Flights, Holidays & Gulf Cooperation Council (GCC) Mr. Parikshit ChoudhuryChief Business Officer of Alternate Accommodation & Customer Contact GroupMore ExecutivesKey CompetitorsFabrinetNYSE:FNKanzhunNASDAQ:BZMACOM Technology SolutionsNASDAQ:MTSIRedditNYSE:RDDTCognexNASDAQ:CGNXView All CompetitorsInstitutional OwnershipMayTech Global Investments LLCBought 5,240 shares on 5/14/2024Ownership: 0.226%Thornburg Investment Management Inc.Sold 13,472 shares on 5/13/2024Ownership: 0.023%O Shaughnessy Asset Management LLCBought 4,545 shares on 5/13/2024Ownership: 0.010%Catalytic Wealth RIA LLCSold 495 shares on 5/11/2024Ownership: 0.004%Vanguard Group Inc.Bought 32,615 shares on 5/10/2024Ownership: 0.031%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions Should I buy or sell MakeMyTrip stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MMYT shares. View MMYT analyst ratings or view top-rated stocks. What is MakeMyTrip's stock price target for 2024? 2 Wall Street analysts have issued 12-month target prices for MakeMyTrip's stock. Their MMYT share price targets range from $45.00 to $60.00. On average, they anticipate the company's share price to reach $52.50 in the next year. This suggests that the stock has a possible downside of 31.8%. View analysts price targets for MMYT or view top-rated stocks among Wall Street analysts. How have MMYT shares performed in 2024? MakeMyTrip's stock was trading at $46.98 at the beginning of 2024. Since then, MMYT shares have increased by 64.0% and is now trading at $77.03. View the best growth stocks for 2024 here. When is MakeMyTrip's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our MMYT earnings forecast. How can I listen to MakeMyTrip's earnings call? MakeMyTrip will be holding an earnings conference call on Wednesday, May 15th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were MakeMyTrip's earnings last quarter? MakeMyTrip Limited (NASDAQ:MMYT) announced its earnings results on Tuesday, October, 26th. The technology company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.07. The technology company had revenue of $67.48 million for the quarter. MakeMyTrip had a trailing twelve-month return on equity of 10.13% and a net margin of 6.93%. During the same quarter in the prior year, the firm earned ($0.20) earnings per share. What ETFs hold MakeMyTrip's stock? ETFs with the largest weight of MakeMyTrip (NASDAQ:MMYT) stock in their portfolio include India Internet & Ecommerce ETF (INQQ), Amplify Travel Tech ETF (AWAY), Innovator IBD 50 ETF (FFTY), Invesco Leisure and Entertainment ETF (PEJ), Clough Long/Short Equity ETF (CBLS), First Trust BICK Index Fund (BICK), Clough Select Equity ETF (CBSE) and OneAscent Emerging Markets ETF (OAEM). What is Deep Kalra and Rajesh Magow's approval rating as MakeMyTrip's CEO? 144 employees have rated MakeMyTrip Chief Executive Officer Deep Kalra and Rajesh Magow on Glassdoor.com. Deep Kalra and Rajesh Magow has an approval rating of 96% among the company's employees. This puts Deep Kalra and Rajesh Magow in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of MakeMyTrip own? Based on aggregate information from My MarketBeat watchlists, some companies that other MakeMyTrip investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD), Shopify (SHOP), Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX). Who are MakeMyTrip's major shareholders? MakeMyTrip's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.07%), Jennison Associates LLC (0.79%), William Blair Investment Management LLC (0.67%), Coronation Fund Managers Ltd. (0.39%), Aubrey Capital Management Ltd (0.32%) and Sei Investments Co. (0.31%). How do I buy shares of MakeMyTrip? Shares of MMYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does MakeMyTrip have any subsidiaries? The following companies are subsidiares of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited.Read More This page (NASDAQ:MMYT) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersDid Intel Just Dethrone Nvidia?Chaikin AnalyticsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCharles Payne Demystifies OptionsUnstoppable ProsperityThe only AI company you should be looking atBehind the MarketsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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