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Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:MMYT

MakeMyTrip (MMYT) Stock Price, News & Analysis

$62.81
-0.77 (-1.21%)
(As of 04/17/2024 ET)
Today's Range
$62.59
$65.38
50-Day Range
$56.26
$75.97
52-Week Range
$22.50
$77.30
Volume
603,539 shs
Average Volume
776,587 shs
Market Capitalization
$6.67 billion
P/E Ratio
136.54
Dividend Yield
N/A
Price Target
$52.50

MakeMyTrip MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
16.4% Downside
$52.50 Price Target
Short Interest
Bearish
3.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of MakeMyTrip in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
39.29%
From $0.84 to $1.17 Per Share

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.

1.18 out of 5 stars

Computer And Technology Sector

532nd out of 586 stocks

Transportation Services Industry

13th out of 15 stocks

MMYT stock logo

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.

MMYT Stock Price History

MMYT Stock News Headlines

Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
MakeMyTrip (NASDAQ:MMYT) Stock Price Up 4.7%
MMYT Apr 2024 50.000 call
Chart of the Day: MakeMyTrip To Asia
MakeMyTrip Limited (MMYT)
Macquarie Downgrades MakeMyTrip (MMYT)
MakeMyTrip Ltd.
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Today
4/17/2024
Next Earnings (Estimated)
5/21/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Current Symbol
NASDAQ:MMYT
Fax
N/A
Employees
4,090
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$52.50
High Stock Price Target
$60.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-16.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-11,320,000.00
Pretax Margin
6.91%

Debt

Sales & Book Value

Annual Sales
$593.04 million
Cash Flow
$0.40 per share
Book Value
$8.25 per share

Miscellaneous

Free Float
95,199,000
Market Cap
$6.67 billion
Optionable
Optionable
Beta
1.23

Social Links

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Key Executives

  • Mr. 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 Tyagi
    Vice President of Administration
  • Mr. Vipul Garg
    Vice President of Investor Relations
  • Mr. Raj Rishi Singh
    Chief Marketing Officer & Chief Business Officer of Corporate
  • Mr. 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 Choudhury
    Chief Business Officer of Alternate Accommodation & Customer Contact Group

MMYT Stock Analysis - Frequently Asked Questions

Should I buy or sell MakeMyTrip stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 research analysts have issued twelve-month target prices for MakeMyTrip's shares. Their MMYT share price targets range from $45.00 to $60.00. On average, they expect the company's share price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 16.4%.
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 the year. Since then, MMYT shares have increased by 33.7% and is now trading at $62.81.
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 Tuesday, May 21st 2024.
View our MMYT earnings forecast
.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) released its quarterly earnings data on Tuesday, January, 23rd. The technology company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.05. The technology company had revenue of $214.22 million for the quarter, compared to the consensus estimate of $210.01 million. MakeMyTrip had a net margin of 6.93% and a trailing twelve-month return on equity of 10.13%.

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 retail and institutional investors. Top institutional shareholders include Harbour Capital Advisors LLC (0.02%), Banque Cantonale Vaudoise (0.02%), Perpetual Ltd (0.01%) and Confluence Investment Management LLC (0.01%).

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 4/17/2024 by MarketBeat.com Staff

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