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MakeMyTrip Stock Price, Forecast & Analysis (NASDAQ:MMYT)

$25.50
-0.36 (-1.39 %)
(As of 11/19/2019 06:29 AM ET)
Today's Range
$25.33
Now: $25.50
$25.84
50-Day Range
$21.45
MA: $23.60
$27.94
52-Week Range
$19.66
Now: $25.50
$32.30
Volume130,800 shs
Average Volume272,181 shs
Market Capitalization$2.62 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.38
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$2.62 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 for the quarter, missing the Thomson Reuters' consensus estimate of ($0.30) by $0.05. The technology company earned $181.08 million during the quarter, compared to analyst estimates of $179.99 million. MakeMyTrip had a negative return on equity of 11.20% and a negative net margin of 29.59%. The company's revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last 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?

3 Wall Street analysts have issued twelve-month price targets for MakeMyTrip's stock. Their forecasts range from $27.00 to $32.00. On average, they expect MakeMyTrip's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for MakeMyTrip.

What is the consensus analysts' recommendation for MakeMyTrip?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MakeMyTrip.

Has MakeMyTrip been receiving favorable news coverage?

Media headlines about MMYT stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MakeMyTrip earned a media sentiment score of -3.9 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for MakeMyTrip.

Are investors shorting MakeMyTrip?

MakeMyTrip saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 2,060,000 shares, a decrease of 8.4% from the September 30th 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 shares are short sold. 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), JD.Com (JD), Okta (OKTA), Shopify (SHOP), 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 many different of institutional and retail investors. Top institutional shareholders 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 First Trust Advisors LP (0.17%).

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, 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 bought 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, 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 $25.50.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $2.62 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:  315 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  690
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 11/19/2019 by MarketBeat.com Staff

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