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. It allows travelers to research, plan, book, and purchase a range of travel services and products through its Websites makemytrip.com, goibibo.com, makemytrip.ae, makemytrip.com.sg, us.makemytrip.com, and redbus.in; and other technology-enhanced distribution channels, including call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2018, the company had 14 company-owned travel stores and 30 approximately franchisee-owned travel stores. MakeMyTrip Limited serves leisure travelers and small businesses. The company was founded in 2000 and is based in Gurgaon, India.
Industry, Sector and Symbol
Industry Transportation services
Sub-IndustryN/A
SectorComputer and Technology
Phone91-12-4439-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$675.26 million
Profitability
Miscellaneous
Employees3,051
OptionableOptionable
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) issued its earnings results on Thursday, January, 24th. The technology company reported ($0.28) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.40) by $0.12. The technology company earned $179.90 million during the quarter, compared to analysts' expectations of $165.51 million. MakeMyTrip had a negative net margin of 32.53% and a negative return on equity of 10.90%. The firm's revenue for the quarter was up 18.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.30) earnings per share. View MakeMyTrip's Earnings History.
When is MakeMyTrip's next earnings date?
What price target have analysts set for MMYT?
5 equities research analysts have issued 12 month price targets for MakeMyTrip's stock. Their predictions range from $19.80 to $40.00. On average, they anticipate MakeMyTrip's stock price to reach $31.96 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for MakeMyTrip.
What is the consensus analysts' recommendation for MakeMyTrip?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 5 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 headlines about MMYT stock have trended negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. MakeMyTrip earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of MakeMyTrip's key competitors?
Some companies that are related to MakeMyTrip include XPO Logistics (XPO), GATX (GATX), National Express Group (NXPGF), Travelport Worldwide (TVPT), Despegar.com (DESP), The Providence Service (PRSC), Lindblad Expeditions (LIND), Tuniu (TOUR), Daseke (DSKE), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS).
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 variety of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.16%), Massachusetts Financial Services Co. MA (3.11%), Brown Advisory Inc. (1.97%), Global Thematic Partners LLC (1.35%), New Silk Road Investment PTE Ltd. (0.70%) and Fosun International Ltd (0.61%).
Which major investors are selling MakeMyTrip stock?
MMYT stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Global Thematic Partners LLC, Northern Trust Corp, Millennium Management LLC, CWM LLC, Penserra Capital Management LLC, Citigroup Inc. and Van ECK Associates Corp.
Which major investors are buying MakeMyTrip stock?
MMYT stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, New Silk Road Investment PTE Ltd., Baillie Gifford & Co., Brown Advisory Inc., Fosun International Ltd, River & Mercantile Asset Management LLP, New York State Common Retirement Fund and Westpac Banking Corp.
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, Scottrade, Fidelity and Charles Schwab.
What is MakeMyTrip's stock price today?
One share of MMYT stock can currently be purchased for approximately $27.43.
How big of a company is MakeMyTrip?
MakeMyTrip has a market capitalization of $2.80 billion and generates $675.26 million in revenue each year. The technology company earns $-218,410,000.00 in net income (profit) each year or ($2.18) on an earnings per share basis. MakeMyTrip employs 3,051 workers across the globe.
What is MakeMyTrip's official website?
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)
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.
