NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis $92.24 +2.69 (+3.00%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$89.01▼$94.0850-Day Range$73.63▼$96.9152-Week Range$28.13▼$100.22Volume670,665 shsAverage Volume779,258 shsMarket Capitalization$10.13 billionP/E Ratio55.23Dividend YieldN/APrice Target$91.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside0.6% Downside$91.67 Price TargetShort InterestHealthy2.43% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 26 Articles This WeekInsider TradingN/AProj. Earnings Growth48.96%From $0.96 to $1.43 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.2.81 out of 5 starsComputer And Technology Sector346th out of 612 stocksTransportation Services Industry8th out of 17 stocks 1.3 Analyst's Opinion Consensus RatingMakeMyTrip has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMakeMyTrip has only been the subject of 2 research reports in the past 90 days.Read more about MakeMyTrip's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.43% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MakeMyTrip has recently decreased by 28.03%, indicating that investor sentiment is improving significantly. 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 3.1 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 26 news articles for MakeMyTrip this week, compared to 4 articles on an average week.Search Interest11 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat Follows12 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 48.96% in the coming year, from $0.96 to $1.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 55.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 55.23, 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 267.39.Price to Earnings Growth RatioMakeMyTrip has a PEG Ratio of 6.97. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 8.84. 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 Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 26 at 3:34 AM | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) PT Raised to $115.00 at CitigroupJuly 26 at 1:49 AM | finance.yahoo.comMakeMyTrip Limited Announces Details of its Annual Shareholders MeetingJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 10:17 AM | finance.yahoo.comDoes MakeMyTrip (NASDAQ:MMYT) Deserve A Spot On Your Watchlist?July 25 at 9:08 AM | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Upgraded at StockNews.comJuly 24 at 3:06 PM | markets.businessinsider.comBuy Rating Affirmed for Makemytrip Amid Strong Financial Performance and Strategic GrowthJuly 24 at 3:06 PM | markets.businessinsider.comMakemytrip’s International Growth Fuels Upward Price Target RevisionJuly 24 at 10:05 AM | msn.comMakeMyTrip Limited (NASDAQ:MMYT) Q1 2025 Earnings Call TranscriptJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 24 at 9:28 AM | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Given New $100.00 Price Target at Bank of AmericaJuly 23, 2024 | msn.comMakeMyTrip posts profit growth of 12.9% YoY in Q1 on robust travel demand, revenue surges 31.4% on growth across biz verticalsJuly 23, 2024 | markets.businessinsider.comMakeMyTrip Q1 Profit Rises; Gross Bookings Up 21.6%July 23, 2024 | seekingalpha.comMakeMyTrip Limited (MMYT) Q1 2025 Earnings Call TranscriptJuly 23, 2024 | investorplace.comMMYT Stock Earnings: MakeMyTrip Beats EPS, Beats Revenue for Q1 2025July 22, 2024 | finance.yahoo.comLEGOLAND Malaysia Resort taps MakeMyTrip to draw Indian visitorsJuly 21, 2024 | americanbankingnews.comMakeMyTrip (MMYT) to Release Earnings on TuesdayJuly 18, 2024 | investorplace.com3 Growth Stocks to Buy Now: Q3 EditionJuly 17, 2024 | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Sets New 52-Week High at $94.99See 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 Earnings5/15/2024Today7/26/2024Next Earnings (Estimated)10/29/2024Fiscal 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/AEmployees4,576Year Founded2000Price Target and Rating Average Stock Price Target$91.67 High Stock Price Target$115.00 Low Stock Price Target$60.00 Potential Upside/Downside-0.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio55.23 Forward P/E Ratio96.08 P/E Growth6.97Net Income$216.80 million Net Margins26.11% Pretax Margin12.36% Return on Equity11.04% Return on Assets7.11% Debt Debt-to-Equity Ratio0.19 Current Ratio2.78 Quick Ratio2.88 Sales & Book Value Annual Sales$782.52 million Price / Sales12.94 Cash Flow$1.25 per share Price / Cash Flow73.71 Book Value$10.44 per share Price / Book8.84Miscellaneous Outstanding Shares109,780,000Free Float98,474,000Market Cap$10.13 billion OptionableOptionable Beta1.30 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for August 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsExpedia GroupNASDAQ:EXPEXPONYSE:XPOGXO LogisticsNYSE:GXOVerra MobilityNASDAQ:VRRMGATXNYSE:GATXView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 324 shares on 7/26/2024Ownership: 0.028%Allspring Global Investments Holdings LLCSold 150 shares on 7/26/2024Ownership: 0.010%Calamos Advisors LLCSold 4,200 shares on 7/25/2024Ownership: 0.000%Calamos Wealth Management LLCBought 4,193 shares on 7/25/2024Ownership: 0.045%Bank Pictet & Cie Europe AGBought 13,887 shares on 7/25/2024Ownership: 0.013%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions How have MMYT shares performed this year? MakeMyTrip's stock was trading at $46.98 on January 1st, 2024. Since then, MMYT stock has increased by 96.3% and is now trading at $92.24. View the best growth stocks for 2024 here. How were MakeMyTrip's earnings last quarter? MakeMyTrip Limited (NASDAQ:MMYT) posted its quarterly earnings data on Wednesday, May, 15th. The technology company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. The technology company had revenue of $202.89 million for the quarter, compared to analyst estimates of $195.15 million. MakeMyTrip had a net margin of 26.11% and a trailing twelve-month return on equity of 11.04%. 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. Does MakeMyTrip have any subsidiaries? MakeMyTrip subsidiaries include Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited. Who are MakeMyTrip's major shareholders? Top institutional investors of MakeMyTrip include Baillie Gifford & Co. (3.71%), Calamos Advisors LLC, U S Global Investors Inc. (0.09%) and NewSquare Capital LLC (0.05%). 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. What other stocks do shareholders of MakeMyTrip own? Based on aggregate information from My MarketBeat watchlists, some other companies that MakeMyTrip investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD) and Shopify (SHOP). This page (NASDAQ:MMYT) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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