NASDAQ:MMYT - MakeMyTrip Stock Price, Price Target & More

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$34.90 +1.80 (+5.44 %)

(As of 05/20/2018 03:37 PM ET)

Previous Close$34.90

Today's Range$33.15 - $35.00

52-Week Range$22.40 - $40.31

Volume299,106 shs

Average Volume260,229 shs

Market Capitalization$3.20 billion

P/E Ratio-18.56

Dividend YieldN/A

Beta-0.06

About MakeMyTrip (NASDAQ:MMYT)

MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and internationally. MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, the Netherlands, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Hong Kong, and Bangladesh. 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, makemytrip.ae, makemytrip.com.sg, us.makemytrip.com, hoteltravel.com, and easytobook.com; 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, 2017, the company had 16 company-owned travel stores and 35 franchisee-owned travel stores. MakeMyTrip Limited serves leisure travelers and small businesses. The company was founded in 2000 and is based in Gurgaon, India.

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Industry, Sector and Symbol

Industry Transportation services

Sub-IndustryN/A

SectorComputer and Technology

SymbolNASDAQ:MMYT

CUSIPN/A

Webwww.makemytrip.com

Phone91-12-4439-5000

Debt

Debt-to-Equity RatioN/A

Current Ratio3.00

Quick Ratio2.99

Price-To-Earnings

Trailing P/E Ratio-18.56

Forward P/E Ratio-16.38

P/E GrowthN/A

Sales & Book Value

Annual Sales$447.62 million

Price / Sales7.15

Cash FlowN/A

Price / CashN/A

Book Value$15.33 per share

Price / Book2.28

Profitability

EPS (Most Recent Fiscal Year)($1.88)

Net Income$-110,160,000.00

Net Margins-38.95%

Return on Equity-12.00%

Return on Assets-10.85%

Miscellaneous

Employees4,000

Outstanding Shares91,680,000

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 (NASDAQ:MMYT) released its quarterly earnings results on Wednesday, November, 1st. The technology company reported ($0.45) earnings per share for the quarter, topping analysts' consensus estimates of ($0.72) by $0.27. The technology company had revenue of $139.20 million for the quarter, compared to analysts' expectations of $110.72 million. MakeMyTrip had a negative return on equity of 12.00% and a negative net margin of 38.95%. The company's revenue was up 161.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.61) EPS. View MakeMyTrip's Earnings History.

When is MakeMyTrip's next earnings date?

MakeMyTrip is scheduled to release their next quarterly earnings announcement on Wednesday, May, 30th 2018. View Earnings Estimates for MakeMyTrip.

What price target have analysts set for MMYT?

5 equities research analysts have issued 12 month target prices for MakeMyTrip's stock. Their predictions range from $30.00 to $36.00. On average, they expect MakeMyTrip's share price to reach $33.00 in the next twelve months. View Analyst Ratings for MakeMyTrip.

Who are some of MakeMyTrip's key competitors?

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

Who are MakeMyTrip's key executives?

MakeMyTrip's management team includes the folowing people:

Mr. Rajesh Magow, Co-Founder & Director (Age 49)
Mr. Deep Kalra, Founder, Group Chairman & Group CEO (Age 49)
Mr. Keyur Jyotindra Joshi, Co-Founder & Strategic Advisor (Age 45)
Mr. Mohit Kabra, Group Chief Financial Officer (Age 47)
Mr. Jonathan Huang, VP of Investor Relations

Has MakeMyTrip been receiving favorable news coverage?

Media headlines about MMYT stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MakeMyTrip earned a media sentiment score of 0.18 on Accern's scale. They also assigned news stories about the technology company an impact score of 45.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are MakeMyTrip's major shareholders?

MakeMyTrip's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (3.31%), FIL Ltd (2.95%), Baillie Gifford & Co. (2.78%), Wasatch Advisors Inc. (2.28%), Massachusetts Financial Services Co. MA (1.95%) and Kontiki Capital Management HK Ltd. (1.44%). View Institutional Ownership Trends for MakeMyTrip.

Which institutional investors are selling MakeMyTrip stock?

MMYT stock was sold by a variety of institutional investors in the last quarter, including Trilogy Global Advisors LP, Wasatch Advisors Inc., Sei Investments Co., Wells Fargo & Company MN, Massachusetts Financial Services Co. MA and BlackRock Inc.. View Insider Buying and Selling for MakeMyTrip.

Which institutional investors are buying MakeMyTrip stock?

MMYT stock was acquired by a variety of institutional investors in the last quarter, including Kontiki Capital Management HK Ltd., Emerging Sovereign Group LLC, FIL Ltd, Global Thematic Partners LLC, Fosun International Ltd, Wexford Capital LP, Penserra Capital Management LLC and California Public Employees Retirement System. View Insider Buying and Selling for MakeMyTrip.

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 $34.90.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $3.20 billion and generates $447.62 million in revenue each year. The technology company earns $-110,160,000.00 in net income (profit) each year or ($1.88) on an earnings per share basis. MakeMyTrip employs 4,000 workers across the globe.

How can I contact MakeMyTrip?

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]

MarketBeat Community Rating for MakeMyTrip (MMYT)

Community Ranking:		2.5 out of 5 ( )
Outperform Votes:		208 (Vote Outperform)
Underperform Votes:		213 (Vote Underperform)
Total Votes:		421

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.

MakeMyTrip (NASDAQ:MMYT) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

5 Wall Street analysts have issued ratings and price targets for MakeMyTrip in the last 12 months. Their average twelve-month price target is $33.00, suggesting that the stock has a possible downside of 5.44%. The high price target for MMYT is $36.00 and the low price target for MMYT is $30.00. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Hold	Hold
Consensus Rating Score:	2.20	2.25	1.75	1.75
Ratings Breakdown:	1 Sell Rating(s) 2 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	1 Sell Rating(s) 1 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	2 Sell Rating(s) 1 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	2 Sell Rating(s) 1 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$33.00	$33.00	$32.00	$29.80
Price Target Upside:	5.44% downside	10.18% upside	9.40% upside	15.95% upside

MakeMyTrip (NASDAQ:MMYT) Consensus Price Target History

Price Target History for MakeMyTrip (NASDAQ:MMYT)

MakeMyTrip (NASDAQ:MMYT) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/14/2018	Nomura	Upgrade	Reduce ➝ Neutral		Low
2/27/2018	JPMorgan Chase	Upgrade	Neutral ➝ Overweight	$36.00	High
2/9/2018	Jefferies Group	Set Price Target	Hold	$30.00	Medium
11/30/2017	Goldman Sachs	Initiated Coverage	Buy	$36.00	Medium
9/20/2017	UBS	Downgrade	Buy ➝ Sell	$30.00	Low
12/14/2016	Morgan Stanley	Reiterated Rating	Overweight	$27.90	N/A

(Data available from 5/20/2016 forward)

MakeMyTrip (NASDAQ:MMYT) Earnings History and Estimates Chart

Earnings by Quarter for MakeMyTrip (NASDAQ:MMYT)

MakeMyTrip (NASDAQ:MMYT) Earnings Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	1	($0.50)	($0.50)	($0.50)
Q3 2018	1	($0.50)	($0.50)	($0.50)

MakeMyTrip (NASDAQ MMYT) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/30/2018		($0.39)					N/A
2/8/2018	Before Market	($0.49)	($0.41)	$143.89 million	$151.40 million	View	Listen
11/1/2017	Q2 18	($0.72)	($0.45)	$110.72 million	$139.20 million	View	N/A
8/9/2017	6/30/2017	($0.47)	($0.61)	$110.67 million	$141.21 million	View	Listen
5/19/2017	Q4 2017	($0.50)	($0.42)	$89.46 million	$85.09 million	View	N/A
1/31/2017	Q317	($0.70)	($0.15)	$52.39 million	$76.55 million	View	Listen
10/26/2016	Q217	($0.66)	($0.61)	$50.67 million	$83.10 million	View	Listen
7/27/2016	Q117	($0.64)	($0.73)	$93.66 million	$121.23 million	View	Listen
5/18/2016	Q416	($0.50)	($0.82)	$36.91 million	$88.00 million	View	Listen
1/28/2016	Q316	($0.09)	($0.36)	$36.88 million	$82.00 million	View	Listen
10/29/2015	Q2	$0.03	($0.17)	$35.37 million	$33.20 million	View	Listen
7/30/2015	Q116	($0.07)	($0.05)	$40.21 million	$38.10 million	View	Listen
5/14/2015	Q4	($0.09)	($0.14)	$36.70 million	$36.40 million	View	Listen
1/29/2015	Q315	($0.08)	($0.08)	$36.40 million	$35.10 million	View	Listen
10/30/2014	Q215	($0.12)	($0.10)	$29.62 million	$60.50 million	View	Listen
7/30/2014	Q1	($0.14)	($0.05)	$77.16 million	$94.84 million	View	Listen
5/21/2014	Q414	($0.04)	($0.06)	$55.19 million	$60.85 million	View	Listen
1/30/2014	Q314	($0.09)	$0.03	$63.83 million	$69.97 million	View	Listen
10/31/2013	Q314	$1.26	$0.03	$45.67 million	$23.30 million	View	Listen
8/7/2013	Q1 2014	($0.05)	$0.05	$64.13 million	$26.00 million	View	Listen
5/22/2013	Q4 2013	($0.06)	($0.17)	$46.96 million	$55.19 million	View	Listen
2/7/2013	Q3 2013	$0.03	$0.08	$53.80 million	$22.40 million	View	Listen
11/6/2012	Q213	$0.05	$0.03	$43.80 million	$45.70 million	View	N/A
8/6/2012		$0.07	$0.05			View	N/A
5/24/2012		$0.06	$0.08			View	N/A
2/9/2012		$0.08	$0.08			View	N/A
11/8/2011		$0.03	$0.04			View	N/A
8/10/2011	Q1 2012	$0.04	$0.04			View	N/A
5/11/2011	Q4 2011	$0.03	$0.03			View	N/A
2/9/2011	Q3 2011	$0.04	$0.04			View	N/A
11/15/2010	Q2 2011	$0.02	$0.02			View	N/A

(Earnings results data provided by Zacks Investment Research)

MakeMyTrip (NASDAQ:MMYT) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

MakeMyTrip (NASDAQ MMYT) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 48.73%

Insider Trading History for MakeMyTrip (NASDAQ:MMYT)

Institutional Ownership by Quarter for MakeMyTrip (NASDAQ:MMYT)

MakeMyTrip (NASDAQ MMYT) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

MakeMyTrip (NASDAQ MMYT) News Headlines

Source:

Date	Headline
	MakeMyTrip Limited to Report Fiscal 2018 Fourth Quarter and Full Year Financial & Operating Results on May 30, 2018 finance.yahoo.com - May 16 at 5:10 PM
	Nomura/Instinet Upgrades MakeMyTrip (MMYT) to Neutral www.streetinsider.com - May 14 at 5:03 PM
	MakeMyTrip (MMYT) Upgraded by Nomura to "Neutral" www.americanbankingnews.com - May 14 at 12:50 PM
	MakeMyTrip (MMYT) Expected to Announce Earnings of -$0.30 Per Share www.americanbankingnews.com - May 13 at 11:12 PM
	GATX (GATX) and MakeMyTrip (MMYT) Head-To-Head Survey www.americanbankingnews.com - May 11 at 11:21 PM
	MakeMyTrip (MMYT) Scheduled to Post Quarterly Earnings on Thursday www.americanbankingnews.com - May 10 at 1:20 AM
	Is First Trust BICK Index Fund (BICK) a Hot ETF Right Now? finance.yahoo.com - May 3 at 8:39 AM
	MakeMyTrip (MMYT) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - May 3 at 1:35 AM
	GATX (GATX) & MakeMyTrip (MMYT) Critical Survey www.americanbankingnews.com - April 30 at 7:18 PM
	Head-To-Head Analysis: XPO Logistics (XPO) versus MakeMyTrip (MMYT) www.americanbankingnews.com - April 27 at 1:09 AM
	Brokerages Anticipate MakeMyTrip (MMYT) to Announce -$0.30 Earnings Per Share www.americanbankingnews.com - April 26 at 1:27 PM
	MakeMyTrip (MMYT) Raised to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 16 at 4:48 PM
	Critical Survey: The Providence Service (PRSC) versus MakeMyTrip (MMYT) www.americanbankingnews.com - April 12 at 1:09 PM
	MakeMyTrip (MMYT) Lowered to "Sell" at Zacks Investment Research www.americanbankingnews.com - April 12 at 10:19 AM
	MakeMyTrip (MMYT) Lowered to Hold at Jefferies Group www.americanbankingnews.com - April 10 at 11:38 PM
	Zacks: Brokerages Expect MakeMyTrip (MMYT) to Announce -$0.30 EPS www.americanbankingnews.com - April 9 at 1:17 PM
	MakeMyTrip (MMYT) Given Average Rating of "Hold" by Analysts www.americanbankingnews.com - April 8 at 1:30 AM
	MakeMyTrip (MMYT) Downgraded by ValuEngine to "Sell" www.americanbankingnews.com - April 6 at 1:54 PM
	MakeMyTrip (MMYT) Lowered to "Hold" at Zacks Investment Research www.americanbankingnews.com - April 6 at 9:37 AM
	Head-To-Head Analysis: Despegar.com (DESP) vs. MakeMyTrip (MMYT) www.americanbankingnews.com - April 5 at 11:37 AM
	MakeMyTrip partners with Flipkart for travel bookings finance.yahoo.com - April 5 at 10:47 AM
	MakeMyTrip (MMYT) Raised to "Buy" at Zacks Investment Research www.americanbankingnews.com - April 3 at 9:17 AM
	Edited Transcript of MMYT earnings conference call or presentation 8-Feb-18 12:30pm GMT finance.yahoo.com - March 30 at 8:50 AM
	MakeMyTrip (MMYT) Upgraded at BidaskClub www.americanbankingnews.com - March 29 at 4:10 PM
	MakeMyTrip (MMYT) Downgraded by BidaskClub www.americanbankingnews.com - March 26 at 11:30 PM
	MakeMyTrip (MMYT) Upgraded to C- by TheStreet www.americanbankingnews.com - March 24 at 10:39 PM
	MakeMyTrip (MMYT) Rating Increased to Overweight at JPMorgan Chase & Co. www.americanbankingnews.com - March 24 at 8:55 PM
	Zacks Investment Research Lowers MakeMyTrip (MMYT) to Hold www.americanbankingnews.com - March 23 at 10:46 PM
	Brokerages Expect MakeMyTrip (MMYT) to Announce -$0.57 Earnings Per Share www.americanbankingnews.com - March 23 at 3:00 PM
	MakeMyTrip (MMYT) Stock Rating Upgraded by Zacks Investment Research www.americanbankingnews.com - March 21 at 8:54 PM
	Free Research Report as MakeMyTrip's Revenues Surged 40% finance.yahoo.com - March 15 at 8:41 AM
	MakeMyTrip Limited (MMYT) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - March 14 at 1:54 AM
	MakeMyTrip (MMYT) Upgraded to Buy by BidaskClub www.americanbankingnews.com - March 11 at 4:40 PM
	Prisma Capital Partners LP Buys New Stake in MakeMyTrip Limited (MMYT) www.americanbankingnews.com - March 6 at 9:11 AM
	MakeMyTrip Limited (MMYT) Shares Bought by First Trust Advisors LP www.americanbankingnews.com - March 3 at 8:30 AM
	MakeMyTrip Limited (MMYT) Stake Decreased by Comerica Bank www.americanbankingnews.com - February 27 at 6:00 AM
	MayTech Global Investments LLC Takes $2.73 Million Position in MakeMyTrip Limited (MMYT) www.americanbankingnews.com - February 26 at 3:58 PM
	BRIEF-MakeMyTrip Announces Partnership With OYO finance.yahoo.com - February 26 at 8:41 AM
	MakeMyTrip Limited (MMYT) Shares Bought by Brown Advisory Inc. www.americanbankingnews.com - February 25 at 4:36 AM
	MakeMyTrip (MMYT) Upgraded to "Hold" at BidaskClub www.americanbankingnews.com - February 24 at 4:30 PM
	WhatsApp: the new business card, storefront, and cash register in India finance.yahoo.com - February 21 at 8:47 AM
	MakeMyTrip (MMYT) Cut to "Sell" at BidaskClub www.americanbankingnews.com - February 17 at 1:24 PM
	MakeMyTrip Limited (MMYT) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - February 17 at 1:48 AM
	The master-of-all-trades who steered MakeMyTrip towards success finance.yahoo.com - February 13 at 9:44 AM
	MakeMyTrip (MMYT) Upgraded by BidaskClub to "Hold" www.americanbankingnews.com - February 11 at 9:10 PM
	Jefferies Group Reiterates Hold Rating for MakeMyTrip (MMYT) www.americanbankingnews.com - February 10 at 12:18 AM
	MakeMyTrip (MMYT) Announces Earnings Results, Beats Estimates By $0.08 EPS www.americanbankingnews.com - February 9 at 1:32 PM
	MakeMyTrip reports 3Q loss finance.yahoo.com - February 8 at 3:57 PM
	MakeMyTrip (MMYT) Lifted to "Hold" at Zacks Investment Research www.americanbankingnews.com - February 8 at 1:26 PM
	Is MakeMyTrip Limited (NASDAQ:MMYT) As Strong As Its Balance Sheet Indicates? finance.yahoo.com - February 8 at 8:28 AM

MakeMyTrip (NASDAQ:MMYT) SEC Filings

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MakeMyTrip (NASDAQ:MMYT) Income Statement, Balance Sheet and Cash Flow Statement

MakeMyTrip (NASDAQ MMYT) Stock Chart for Sunday, May, 20, 2018

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This page was last updated on 5/20/2018 by MarketBeat.com Staff