NASDAQ:MMYT

MakeMyTrip Stock Forecast, Price & News

$29.00
+0.61 (+2.15 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$28.20
$29.23
50-Day Range
$23.61
$31.37
52-Week Range
$13.51
$39.01
Volume1.02 million shs
Average Volume620,653 shs
Market Capitalization$2.99 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.27
30 days | 90 days | 365 days | Advanced Chart
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MakeMyTrip logo

About MakeMyTrip

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase a range of travel services and products through its Websites makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents' network, as well as mobile service platform. As of March 31, 2020, it had 14 company-owned travel stores and approximately 150 franchisee-owned travel stores. The company serves leisure and corporate travelers, and small businesses. MakeMyTrip Limited was founded in 2000 and is based in Gurugram, India.

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MarketRank

Overall MarketRank

1.45 out of 5 stars

Computer And Technology Sector

417th out of 1,582 stocks

Transportation Services Industry

6th out of 26 stocks

Analyst Opinion: 2.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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MakeMyTrip (NASDAQ:MMYT) Frequently Asked Questions

Is MakeMyTrip a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MakeMyTrip stock.
View analyst ratings for MakeMyTrip
or view top-rated stocks.

What stocks does MarketBeat like better than MakeMyTrip?

Wall Street analysts have given MakeMyTrip a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MakeMyTrip wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is MakeMyTrip's next earnings date?

MakeMyTrip is scheduled to release its next quarterly earnings announcement on Friday, August 20th 2021.
View our earnings forecast for MakeMyTrip
.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) announced its earnings results on Monday, May, 24th. The technology company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.09. The technology company earned $104.90 million during the quarter, compared to the consensus estimate of $89.93 million. MakeMyTrip had a negative trailing twelve-month return on equity of 6.52% and a negative net margin of 34.10%. MakeMyTrip's revenue for the quarter was down 23.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.17) earnings per share.
View MakeMyTrip's earnings history
.

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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MMYT shares have increased by 69.0% and is now trading at $29.00.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MMYT?

2 brokerages have issued 12-month target prices for MakeMyTrip's shares. Their forecasts range from $32.00 to $35.00. On average, they expect MakeMyTrip's share price to reach $33.50 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price.
View analysts' price targets for MakeMyTrip
or view top-rated stocks among Wall Street analysts.

Who are MakeMyTrip's key executives?

MakeMyTrip's management team includes the following people:
  • Mr. Rajesh Magow, Co-Founder, Group CEO & Director (Age 52)
  • Mr. Deep Kalra, Founder & Group Exec. Chairman (Age 52)
  • Mr. Mohit Kabra, Group Chief Financial Officer (Age 50)
  • Mr. Vipul Prakash, Chief Operating Officer
  • Mr. Ravi Prakash Tyagi, VP of Admin.
  • Mr. Jonathan Huang, VP of Investor Relations
  • Mr. Sunil Suresh, Chief Marketing Officer
  • Mr. Saujanya Shrivastava, Chief Bus. Officer (Age 47)

What is Deep Kalra and Rajesh Magow's approval rating as MakeMyTrip's CEO?

144 employees have rated MakeMyTrip CEO Deep Kalra and Rajesh Magow on Glassdoor.com. Deep Kalra and Rajesh Magow has an approval rating of 96% among MakeMyTrip's employees. This puts Deep Kalra and Rajesh Magow in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD), Shopify (SHOP), The Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX).

What is MakeMyTrip's stock symbol?

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

Who are MakeMyTrip's major shareholders?

MakeMyTrip's stock is owned by many different institutional and retail investors. Top institutional investors include FIL Ltd (5.38%), Massachusetts Financial Services Co. MA (4.86%), Brown Advisory Inc. (2.98%), Baillie Gifford & Co. (2.56%), Wasatch Advisors Inc. (2.42%) and GW&K Investment Management LLC (1.21%).

Which major investors are selling MakeMyTrip stock?

MMYT stock was sold by a variety of institutional investors in the last quarter, including Coronation Fund Managers Ltd., FIL Ltd, Franklin Resources Inc., Lazard Asset Management LLC, Aviva PLC, GW&K Investment Management LLC, Fosun International Ltd, and Amundi Asset Management US Inc..

Which major investors are buying MakeMyTrip stock?

MMYT stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Capital International Investors, Jennison Associates LLC, Massachusetts Financial Services Co. MA, Soros Capital Management LLC, Brown Advisory Inc., Neuberger Berman Group LLC, and Citigroup Inc..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MakeMyTrip's stock price today?

One share of MMYT stock can currently be purchased for approximately $29.00.

How much money does MakeMyTrip make?

MakeMyTrip has a market capitalization of $2.99 billion and generates $163.44 million in revenue each year. The technology company earns $-55,640,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does MakeMyTrip have?

MakeMyTrip employs 3,960 workers across the globe.

What is MakeMyTrip's official website?

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

Where are MakeMyTrip's headquarters?

MakeMyTrip is headquartered at 19TH FLOOR BUILDING NO.5 DLF CYBER CITY, GURGAON K7, 122002.

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 6/13/2021 by MarketBeat.com Staff
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