NASDAQ:MMYTMakeMyTrip Stock Price, Forecast & News

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 stock has decreased by 10.6% and is now trading at $15.34. View which stocks have been most impacted by Coronavirus.

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.

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

MakeMyTrip Limited (NASDAQ:MMYT) released its quarterly earnings data on Tuesday, February, 11th. The technology company reported ($0.29) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.30) by $0.01. The technology company earned $206.70 million during the quarter, compared to the consensus estimate of $199.52 million. MakeMyTrip had a negative return on equity of 38.25% and a negative net margin of 87.55%. The company's revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.14) EPS. View MakeMyTrip's earnings history.

2 equities research analysts have issued 12 month target prices for MakeMyTrip's shares. 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 92.3% from the stock's current price. View analysts' price targets for MakeMyTrip.

News coverage about MMYT stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MakeMyTrip earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about MakeMyTrip.

MakeMyTrip saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,550,000 shares, a decrease 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 currently 5.1 days. Approximately 4.5% of the shares of the stock are short sold. View MakeMyTrip's Current Options Chain.

Some companies that are related to MakeMyTrip include GATX (GATX), National Express Group (NXPGF), The Providence Service (PRSC), Despegar.com (DESP), Lindblad Expeditions (LIND), Diamond S Shipping (DSSI), Daseke (DSKE), Tuniu (TOUR), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS). View all competitors.

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).

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

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.

One share of MMYT stock can currently be purchased for approximately $15.34.

MakeMyTrip has a market capitalization of $1.58 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.

The official website for MakeMyTrip is www.makemytrip.com.

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]