Log in

NASDAQ:MMYTMakeMyTrip Stock Price, Forecast & News

$16.07
+0.80 (+5.24 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$15.60
Now: $16.07
$16.23
50-Day Range
$13.14
MA: $16.13
$18.71
52-Week Range
$10.00
Now: $16.07
$30.13
Volume275,496 shs
Average Volume430,651 shs
Market Capitalization$1.65 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.12
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.
Read More
MakeMyTrip logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$511.53 million
Book Value$8.38 per share

Profitability

Net Income$-447,780,000.00

Miscellaneous

Employees3,450
Market Cap$1.65 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

Receive MMYT News and Ratings via Email

Sign-up to receive the latest news and ratings for MMYT and its competitors with MarketBeat's FREE daily newsletter.

MakeMyTrip (NASDAQ:MMYT) Frequently Asked Questions

How has MakeMyTrip's stock been impacted by COVID-19 (Coronavirus)?

MakeMyTrip's stock was trading at $17.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MMYT shares have decreased by 6.4% and is now trading at $16.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MakeMyTrip?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MakeMyTrip.

When is MakeMyTrip's next earnings date?

MakeMyTrip is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for MakeMyTrip.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) announced its quarterly earnings data on Tuesday, February, 11th. The technology company reported ($0.29) earnings per share for the quarter, topping analysts' consensus estimates of ($0.30) by $0.01. The technology company had revenue of $206.70 million for the quarter, compared to analysts' expectations of $199.52 million. MakeMyTrip had a negative net margin of 87.55% and a negative return on equity of 38.25%. The firm's quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.14) EPS. View MakeMyTrip's earnings history.

What price target have analysts set for MMYT?

2 analysts have issued 1 year price objectives for MakeMyTrip's stock. Their forecasts range from $27.00 to $32.00. On average, they expect MakeMyTrip's stock price to reach $29.50 in the next year. This suggests a possible upside of 83.6% from the stock's current price. View analysts' price targets for MakeMyTrip.

Has MakeMyTrip been receiving favorable news coverage?

News headlines about MMYT stock have been trending negative on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -2.1 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about MakeMyTrip.

Are investors shorting MakeMyTrip?

MakeMyTrip saw a decline in short interest in June. As of June 30th, there was short interest totaling 2,550,000 shares, a decline of 20.8% from the June 15th total of 3,220,000 shares. Based on an average trading volume of 498,600 shares, the days-to-cover ratio is presently 5.1 days. Approximately 4.5% of the shares of the stock 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 Alibaba Group (BABA), Baozun (BZUN), NVIDIA (NVDA), Shopify (SHOP), Baidu (BIDU), JD.Com (JD), Okta (OKTA), Canopy Growth (CGC), Crispr Therapeutics (CRSP) and Trade Desk (TTD).

Who are MakeMyTrip's key executives?

MakeMyTrip's management team includes the following 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

What is MakeMyTrip's stock symbol?

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

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 $16.07.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $1.65 billion and generates $511.53 million in revenue each year. The technology company earns $-447,780,000.00 in net income (profit) each year or ($4.26) on an earnings per share basis. MakeMyTrip employs 3,450 workers across the globe.

What is MakeMyTrip's official website?

The official website for MakeMyTrip is 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]

This page was last updated on 7/6/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.