NASDAQ:MMYT - MakeMyTrip Stock Price, News, & Analysis

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

MakeMyTrip Limited (NASDAQ:MMYT) released its quarterly earnings results on Tuesday, August, 14th. The technology company reported ($0.50) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.30) by $0.20. The technology company had revenue of $170.09 million for the quarter, compared to analyst estimates of $164.50 million. MakeMyTrip had a negative net margin of 32.35% and a negative return on equity of 12.34%. The firm's revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.53) EPS. View MakeMyTrip's Earnings History.

MakeMyTrip is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for MakeMyTrip.

6 Wall Street analysts have issued twelve-month price targets for MakeMyTrip's stock. Their forecasts range from $19.80 to $41.00. On average, they anticipate MakeMyTrip's stock price to reach $33.26 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for MakeMyTrip.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MakeMyTrip.

Some companies that are related to MakeMyTrip include XPO Logistics (XPO), GATX (GATX), National Express Group (NXPGF), Travelport Worldwide (TVPT), Despegar.com (DESP), Tuniu (TOUR), The Providence Service (PRSC), Lindblad Expeditions (LIND), Daseke (DSKE), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS).

News articles about MMYT stock have been trending very positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MakeMyTrip earned a media and rumor sentiment score of 0.52 on Accern's scale. They also gave headlines about the technology company an impact score of 48.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for MakeMyTrip.

MakeMyTrip's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (3.96%), Baillie Gifford & Co. (2.53%), Wasatch Advisors Inc. (2.06%), Massachusetts Financial Services Co. MA (1.81%), GMT Capital Corp (1.45%) and Brown Advisory Inc. (1.03%).

MMYT stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, GMT Capital Corp, Global Thematic Partners LLC, FMR LLC, First Trust Advisors LP, River & Mercantile Asset Management LLP, Putnam Investments LLC and California Public Employees Retirement System.

MMYT stock was purchased by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Brown Advisory Inc., CWM LLC, Massachusetts Financial Services Co. MA, Baillie Gifford & Co., Millennium Management LLC, GAM Holding AG and Wasatch Advisors Inc..

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.

One share of MMYT stock can currently be purchased for approximately $29.95.

MakeMyTrip has a market capitalization of $3.42 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 4,000 workers across the globe.

MakeMyTrip's mailing address is TOWER A SP INFOCITY 243 UDYOG VIHAR PHASE 1, GURGAON K7, 122016. The technology company can be reached via phone at 91-12-4439-5000 or via email at [email protected]