NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis $99.14 -3.84 (-3.73%) (As of 10/23/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About MakeMyTrip Stock (NASDAQ:MMYT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get MakeMyTrip alerts:Sign Up Key Stats Today's Range$94.56▼$103.5850-Day Range$86.91▼$110.2452-Week Range$36.81▼$110.49Volume842,407 shsAverage Volume740,503 shsMarket Capitalization$10.88 billionP/E Ratio58.67Dividend YieldN/APrice Target$95.67Consensus RatingModerate Buy Company OverviewMakeMyTrip 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… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. MakeMyTrip Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks51st Percentile Overall ScoreMMYT MarketRank™: MakeMyTrip scored higher than 51% of companies evaluated by MarketBeat, and ranked 385th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy 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 1 research reports in the past 90 days.Read more about MakeMyTrip's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth34.65% Earnings GrowthEarnings for MakeMyTrip are expected to grow by 34.65% in the coming year, from $1.27 to $1.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 58.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.40.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 58.67, 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 249.96.Price to Earnings Growth RatioMakeMyTrip has a PEG Ratio of 5.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 9.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.56% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MakeMyTrip has recently increased by 11.95%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldMakeMyTrip does not currently pay a dividend.Dividend GrowthMakeMyTrip does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.56% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MakeMyTrip has recently increased by 11.95%, indicating that investor sentiment is decreasing significantly. News and Social Media3.1 / 5News Sentiment0.52 News SentimentMakeMyTrip has a news sentiment score of 0.52. 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 14 news articles for MakeMyTrip this week, compared to 5 articles on an average week.Search Interest4 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 100% 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 500% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. 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 MMYT Stock News HeadlinesMakeMyTrip’s Q2 Results Show Strong GrowthOctober 24 at 3:43 AM | markets.businessinsider.comMakeMyTrip Ltd (MMYT) Q2 2025 Earnings Call Highlights: Strong Growth Amidst ChallengesOctober 24 at 3:43 AM | finance.yahoo.comWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonOctober 24, 2024 | Porter & Company (Ad)How MakeMyTrip Plans to Ramp Up Its Use of Gen AIOctober 23 at 5:42 PM | msn.comZacks Industry Outlook Highlights GoDaddy, MakeMyTrip, QuinStreet and AsureOctober 23 at 5:42 PM | finance.yahoo.comMakeMyTrip Limited (MMYT) Q2 2025 Earnings Call TranscriptOctober 23 at 5:42 PM | seekingalpha.comExamining the Future: MakeMyTrip's Earnings OutlookOctober 23 at 6:20 AM | benzinga.comMakeMyTrip Q2 2025 Earnings PreviewOctober 23 at 6:20 AM | msn.comSee More Headlines MMYT Stock Analysis - Frequently Asked Questions How have MMYT shares performed this year? MakeMyTrip's stock was trading at $46.98 at the start of the year. Since then, MMYT stock has increased by 111.0% and is now trading at $99.1450. 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 Tuesday, October, 26th. The technology company reported ($0.07) EPS for the quarter, beating 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 11.04% and a net margin of 26.11%. Does MakeMyTrip have any subsidiaries? The following companies are subsidiaries of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited. Who are MakeMyTrip's major shareholders? Top institutional shareholders of MakeMyTrip include Carrhae Capital LLP (0.32%), Mirae Asset Global Investments Co. Ltd. (0.23%), U S Global Investors Inc. (0.10%) and Handelsbanken Fonder AB (0.04%). 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), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Humana (HUM), Adobe (ADBE) and ServiceNow (NOW). Company Calendar Last Earnings10/26/2021Today10/24/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Transportation services Sub-IndustryTransportation Current SymbolNASDAQ:MMYT CUSIPN/A CIK1495153 Webwww.makemytrip.com Phone911244395000FaxN/AEmployees4,576Year Founded2000Price Target and Rating Average Stock Price Target$95.67 High Stock Price Target$115.00 Low Stock Price Target$60.00 Potential Upside/Downside-3.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio58.67 Forward P/E Ratio78.07 P/E Growth5.65Net 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 Ratio2.77 Sales & Book Value Annual Sales$840.31 million Price / Sales12.95 Cash Flow$1.23 per share Price / Cash Flow80.30 Book Value$10.17 per share Price / Book9.75Miscellaneous Outstanding Shares109,782,000Free Float98,474,000Market Cap$10.88 billion OptionableOptionable Beta1.28 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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