NASDAQ:MMYT

MakeMyTrip Stock Forecast, Price & News

$28.48

-0.37 (-1.28 %)

(As of 07/23/2021 12:00 AM ET)

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Today's Range

$28.30

▼

$29.15

50-Day Range

$25.01

▼

$32.78

52-Week Range

$13.51

▼

$39.01

Volume127,857 shs

Average Volume547,136 shs

Market Capitalization$2.94 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.27

30 days | 90 days | 365 days | Advanced Chart

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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.

MakeMyTrip (MMYT) to Release Earnings on Tuesday
July 23, 2021 | americanbankingnews.com

MakeMyTrip Breaks Above 200-Day Moving Average - Bullish for MMYT - Nasdaq
July 22, 2021 | nasdaq.com

MakeMyTrip Limited to Report Fiscal 2022 First Quarter Financial & Operating Results on July 27, 2021
July 21, 2021 | finance.yahoo.com

MakeMyTrip (MMYT) Sees Hammer Chart Pattern: Time to Buy? - Nasdaq
July 20, 2021 | nasdaq.com

MakeMyTrip (MMYT) Sees Hammer Chart Pattern: Time to Buy?
July 20, 2021 | finance.yahoo.com

MakeMyTrip (NASDAQ:MMYT) Trading Down 5.4%
July 15, 2021 | americanbankingnews.com

Sabre (SABR) Signs Long-Term Distribution Deal With Cleartrip - Nasdaq
July 14, 2021 | nasdaq.com

Sabre (SABR) Refinances Revolving Credit, Term Loan Facilities - Nasdaq
July 13, 2021 | nasdaq.com

Booking Holdings (BKNG) Looks to Expand Reach to Travelers - Nasdaq
July 12, 2021 | nasdaq.com

Global Travel Arrangement and Reservation Services Market (2020 to 2030) Opportunities and Strategies with COVID-19 Impact and Recovery - ResearchAndMarkets.com - Business Wire
July 5, 2021 | businesswire.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Transportation services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:MMYT
Previous Symbol
CUSIPN/A
CIK1495153
Webwww.makemytrip.com
Phone91-12-4439-5000
Employees3,256
Year FoundedN/A

Sales & Book Value

Annual Sales$163.44 million
Price / Sales17.99
Cash FlowN/A
Price / Cash FlowN/A
Book Value$8.63 per share
Price / Book3.30

Profitability

EPS (Most Recent Fiscal Year)($0.52)
Net Income$-55,640,000.00
Net Margins-34.10%
Return on Equity-6.52%
Return on Assets-4.99%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares103,255,000
Market Cap$2.94 billion
Next Earnings Date7/27/2021 (Confirmed)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.45 out of 5 stars

Computer And Technology Sector

439th out of 1,649 stocks

Transportation Services Industry

9th out of 31 stocks

2.3 Analyst's Opinion

Consensus Rating
MakeMyTrip has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.50, MakeMyTrip has a forecasted upside of 17.6% from its current price of $28.48.
Amount of Analyst Coverage
MakeMyTrip has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
MakeMyTrip has received 351 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MakeMyTrip has received 428 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MakeMyTrip has received 54.94% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
MakeMyTrip does not currently pay a dividend.
Dividend Growth
MakeMyTrip does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MakeMyTrip insiders have not sold or bought any company stock.
Percentage Held by Institutions
38.27% of the stock of MakeMyTrip is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for MakeMyTrip are expected to grow by 37.50% in the coming year, from $0.08 to $0.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MakeMyTrip is -54.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of MakeMyTrip is -54.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
MakeMyTrip has a PEG Ratio of 7.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
MakeMyTrip has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

MakeMyTrip (NASDAQ:MMYT) Frequently Asked Questions

Is MakeMyTrip a buy right now?

2 Wall Street equities 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 equities 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 Tuesday, July 27th 2021.
View our earnings forecast for MakeMyTrip.

How can I listen to MakeMyTrip's earnings call?

MakeMyTrip will be holding an earnings conference call on Tuesday, July 27th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) posted its quarterly earnings data on Monday, May, 24th. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.09. The technology company earned $104.90 million during the quarter, compared to analyst estimates 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 was down 23.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.17) earnings per share.
View MakeMyTrip's earnings history.

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

MakeMyTrip's stock was trading at $17.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MMYT shares have increased by 66.0% and is now trading at $28.48.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for MMYT?

2 analysts have issued 12-month price objectives for MakeMyTrip's shares. Their forecasts range from $32.00 to $35.00. On average, they expect MakeMyTrip's stock price to reach $33.50 in the next year. This suggests a possible upside of 17.6% 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?

Some companies that are related to MakeMyTrip include Virgin Galactic (SPCE), GATX (GATX), Verra Mobility (VRRM), ModivCare (MODV), National Express Group (NXPGF), Despegar.com (DESP), Lindblad Expeditions (LIND), Daseke (DSKE), Diamond S Shipping (DSSI), Astra Space (ASTR), Holicity (HOL), Tuniu (TOUR), Yatra Online (YTRA), Monaker Group (MKGI) and NextPlay Technologies (NXTP).
View all of MMYT's 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."

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 $28.48.

How much money does MakeMyTrip make?

MakeMyTrip has a market capitalization of $2.94 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 3,256 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 7/24/2021 by MarketBeat.com Staff

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