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NASDAQ:MMYT - MakeMyTrip Stock Price, Forecast & News

$25.40
+0.64 (+2.58 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$24.83
Now: $25.40
$25.85
50-Day Range
$21.65
MA: $25.09
$27.94
52-Week Range
$19.66
Now: $25.40
$32.30
Volume445,318 shs
Average Volume271,521 shs
Market Capitalization$2.61 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.43
MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, China, Colombia, and Peru. It operates through two segments, Air Ticketing, and Hotels and Packages. The company's services and products include air tickets, hotels, packages, rail tickets, bus tickets, and car hire, as well as ancillary travel requirements, such as facilitating access to travel insurance and visa processing. Read More…

Industry, Sector and Symbol

Industry Transportation services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:MMYT
CUSIPN/A
Phone91-12-4439-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$486.01 million
Book Value$13.19 per share

Profitability

Net Income$-167,760,000.00

Miscellaneous

Employees3,450
Market Cap$2.61 billion
Next Earnings Date1/23/2020 (Estimated)
OptionableOptionable

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MakeMyTrip (NASDAQ:MMYT) Frequently Asked Questions

What is MakeMyTrip's stock symbol?

MakeMyTrip trades on the NASDAQ under the ticker symbol "MMYT."

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) posted its earnings results on Monday, November, 4th. The technology company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.05. The technology company earned $181.08 million during the quarter, compared to the consensus estimate of $179.99 million. MakeMyTrip had a negative net margin of 29.59% and a negative return on equity of 11.20%. The business's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.31) earnings per share. View MakeMyTrip's Earnings History.

When is MakeMyTrip's next earnings date?

MakeMyTrip is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for MakeMyTrip.

What price target have analysts set for MMYT?

2 Wall Street analysts have issued 1 year price targets for MakeMyTrip's stock. Their forecasts range from $27.00 to $32.00. On average, they anticipate MakeMyTrip's share price to reach $29.50 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for MakeMyTrip.

What is the consensus analysts' recommendation for MakeMyTrip?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MakeMyTrip.

Has MakeMyTrip been receiving favorable news coverage?

News coverage about MMYT stock has trended somewhat negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MakeMyTrip earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for MakeMyTrip.

Are investors shorting MakeMyTrip?

MakeMyTrip saw a drop in short interest during the month of November. As of November 15th, there was short interest totalling 2,060,000 shares, a drop of 8.4% from the October 31st total of 2,250,000 shares. Based on an average trading volume of 240,000 shares, the days-to-cover ratio is presently 8.6 days. Currently, 3.7% of the company's stock are sold short. View MakeMyTrip's Current Options Chain.

Who are some of MakeMyTrip's key competitors?

What other stocks do shareholders of MakeMyTrip own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MakeMyTrip investors own include Baidu (BIDU), Baozun (BZUN), NVIDIA (NVDA), Alibaba Group (BABA), Shopify (SHOP), JD.Com (JD), Okta (OKTA), Twilio (TWLO), IQIYI (IQ) and Netflix (NFLX).

Who are MakeMyTrip's key executives?

MakeMyTrip's management team includes the folowing people:
  • Mr. Rajesh Magow, Co-Founder & Director (Age 50)
  • Mr. Deep Kalra, Founder, Group Chairman & Group CEO (Age 50)
  • Mr. Mohit Kabra, Group Chief Financial Officer (Age 48)
  • Mr. Vipul Prakash, Chief Operating Officer
  • Mr. Jonathan Huang, VP of Investor Relations

Who are MakeMyTrip's major shareholders?

MakeMyTrip's stock is owned by a number of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (4.10%), Coronation Fund Managers Ltd. (1.26%), Global Thematic Partners LLC (1.02%), GW&K Investment Management LLC (0.46%), River & Mercantile Asset Management LLP (0.32%) and Penserra Capital Management LLC (0.21%).

Which major investors are selling MakeMyTrip stock?

MMYT stock was sold by a variety of institutional investors in the last quarter, including Global Thematic Partners LLC, CWM LLC, Gilder Gagnon Howe & Co. LLC, Penserra Capital Management LLC, River & Mercantile Asset Management LLP, First Trust Advisors LP, GW&K Investment Management LLC and Comerica Bank.

Which major investors are buying MakeMyTrip stock?

MMYT stock was acquired by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., Massachusetts Financial Services Co. MA, Conning Inc., California Public Employees Retirement System, State Street Corp, Bellecapital International Ltd., Harbour Capital Advisors LLC and Tower Research Capital LLC TRC.

How do I buy shares of MakeMyTrip?

Shares of MMYT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is MakeMyTrip's stock price today?

One share of MMYT stock can currently be purchased for approximately $25.40.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $2.61 billion and generates $486.01 million in revenue each year. The technology company earns $-167,760,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. MakeMyTrip employs 3,450 workers across the globe.View Additional Information About MakeMyTrip.

What is MakeMyTrip's official website?

The official website for MakeMyTrip is http://www.makemytrip.com/.

How can I contact MakeMyTrip?

MakeMyTrip's mailing address is 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002. The technology company can be reached via phone at 91-12-4439-5000 or via email at [email protected]


MarketBeat Community Rating for MakeMyTrip (NASDAQ MMYT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  319 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  701
MarketBeat's community ratings are surveys of what our community members think about MakeMyTrip and other stocks. Vote "Outperform" if you believe MMYT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMYT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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