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NASDAQ:MMYT

MakeMyTrip (MMYT) Stock Price, News & Analysis

$90.87
-6.04 (-6.23%)
(As of 07/24/2024 ET)
Today's Range
$90.34
$96.50
50-Day Range
$73.63
$96.91
52-Week Range
$28.13
$100.22
Volume
921,488 shs
Average Volume
778,924 shs
Market Capitalization
$9.98 billion
P/E Ratio
54.41
Dividend Yield
N/A
Price Target
$66.67

MakeMyTrip MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.9% Upside
$91.67 Price Target
Short Interest
Bearish
3.38% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of MakeMyTrip in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
48.96%
From $0.96 to $1.43 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.

1.82 out of 5 stars

Computer And Technology Sector

437th out of 590 stocks

Transportation Services Industry

12th out of 16 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

Makemytrip’s International Growth Fuels Upward Price Target Revision
Jeff Bezos’s Terrifying New Technology
Please understand — if you thought AI was a threat, just wait until you see what Jeff Bezos has done with QaaS. 99% of Americans have no idea what’s about to happen. What humanity is about to witness is the greatest tech disruption of all time.
MakeMyTrip Q1 Profit Rises; Gross Bookings Up 21.6%
MakeMyTrip Limited (MMYT) Q1 2025 Earnings Call Transcript
Jeff Bezos’s Terrifying New Technology
Please understand — if you thought AI was a threat, just wait until you see what Jeff Bezos has done with QaaS. 99% of Americans have no idea what’s about to happen. What humanity is about to witness is the greatest tech disruption of all time.
MakeMyTrip (MMYT) to Release Earnings on Tuesday
3 Growth Stocks to Buy Now: Q3 Edition
MakeMyTrip (NASDAQ:MMYT) Sets New 52-Week High at $94.99
MakeMyTrip (NASDAQ:MMYT) Downgraded by StockNews.com to Sell
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/24/2024
Next Earnings (Estimated)
10/29/2024
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
4,576
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$91.67
High Stock Price Target
$115.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-26.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$216.80 million
Pretax Margin
11.88%

Debt

Sales & Book Value

Annual Sales
$782.52 million
Cash Flow
$1.25 per share
Book Value
$10.17 per share

Miscellaneous

Free Float
98,474,000
Market Cap
$9.98 billion
Optionable
Optionable
Beta
1.30

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

How have MMYT shares performed this year?

MakeMyTrip's stock was trading at $46.98 at the beginning of 2024. Since then, MMYT stock has increased by 93.4% and is now trading at $90.87.
View the best growth stocks for 2024 here
.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) issued its quarterly earnings data on Wednesday, May, 15th. The technology company reported $0.29 earnings per share 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 analysts' expectations of $195.15 million. MakeMyTrip had a trailing twelve-month return on equity of 10.66% and a net margin of 27.70%.

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?

MakeMyTrip's top institutional shareholders include U S Global Investors Inc. (0.09%), NewSquare Capital LLC (0.05%), Boston Common Asset Management LLC (0.02%) and LA Financiere DE L Echiquier (0.02%).

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 7/24/2024 by MarketBeat.com Staff

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