NASDAQ:MMYTMakeMyTrip Stock Price, Forecast & News

$15.49

-0.30 (-1.90 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$15.29

Now: $15.49▼

$15.69

50-Day Range

$11.69

MA: $13.85▼

$16.37

52-Week Range

$10.00

Now: $15.49▼

$30.13

Volume265,908 shs

Average Volume442,025 shs

Market Capitalization$1.59 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.11

MakeMyTrip Limited, an online travel company, engages in the business of selling travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, China, Colombia, and Peru. 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, goibibo.com, makemytrip.ae, makemytrip.com.sg, us.makemytrip.com, and redbus.in; 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, 2018, the company had 14 company-owned travel stores and 30 approximately franchisee-owned travel stores. MakeMyTrip Limited serves leisure travelers and small businesses. The company was founded in 2000 and is based in Gurgaon, India.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
MakeMyTrip has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $29.50, MakeMyTrip has a potential upside of 90.4% from its current price of $15.49.
Amount of Analyst Coverage
MakeMyTrip has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
MakeMyTrip has received 339 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MakeMyTrip has received 409 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MakeMyTrip has received 54.68% “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.

1.0 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
40.88% of the stock of MakeMyTrip is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for MakeMyTrip are expected to grow in the coming year, from ($1.31) to ($0.98) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MakeMyTrip is -10.83, 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 -10.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
MakeMyTrip has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.39 out of 5 stars

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

Debt

Debt-to-Equity Ratio0.02

Current Ratio1.59

Quick Ratio1.59

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$486.01 million

Price / Sales3.28

Cash FlowN/A

Price / Cash FlowN/A

Book Value$13.19 per share

Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)($1.61)

Net Income$-167,760,000.00

Net Margins-28.39%

Return on Equity-11.55%

Return on Assets-9.62%

Miscellaneous

Employees3,450

Outstanding Shares102,940,000

Market Cap$1.59 billion

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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MakeMyTrip (NASDAQ:MMYT) Frequently Asked Questions

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 reached pandemic status according to the World Health Organization. Since then, MMYT stock has decreased by 9.7% and is now trading at $15.49. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MakeMyTrip?

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.

When is MakeMyTrip's next earnings date?

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

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) announced its earnings results on Tuesday, February, 11th. The technology company reported ($0.29) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.30) by $0.01. The technology company earned $206.70 million during the quarter, compared to analyst estimates of $199.52 million. MakeMyTrip had a negative net margin of 28.39% and a negative return on equity of 11.55%. The company's revenue was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. View MakeMyTrip's earnings history.

What price target have analysts set for MMYT?

2 brokerages have issued 12-month price targets for MakeMyTrip's shares. Their forecasts range from $27.00 to $32.00. On average, they expect MakeMyTrip's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 90.4% from the stock's current price. View analysts' price targets for MakeMyTrip.

Has MakeMyTrip been receiving favorable news coverage?

Media headlines about MMYT stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MakeMyTrip earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutMakeMyTrip.

Who are some of MakeMyTrip's key competitors?

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

Who are MakeMyTrip's key executives?

MakeMyTrip's management team includes the following people:

Mr. Rajesh Magow, Co-Founder & Director (Age 50)
Mr. Deep Kalra, Founder, Group Chairman & Group CEO (Age 50)
Mr. Mohit Kabra, Group Chief Financial Officer (Age 48)
Mr. Vipul Prakash, Chief Operating Officer
Mr. Jonathan Huang, VP of Investor Relations

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 retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (4.78%), Baillie Gifford & Co. (3.49%), Ward Ferry Management BVI Ltd (3.08%), Sands Capital Management LLC (2.89%), Wasatch Advisors Inc. (2.12%) and Capital Research Global Investors (2.04%).

Which institutional investors are selling MakeMyTrip stock?

MMYT stock was sold by a variety of institutional investors in the last quarter, including Ward Ferry Management BVI Ltd, Morgan Stanley, Capital Research Global Investors, Sands Capital Management LLC, Franklin Resources Inc., Alliancebernstein L.P., Global Thematic Partners LLC, and Two Sigma Investments LP.

Which institutional investors are buying MakeMyTrip stock?

MMYT stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA, Baillie Gifford & Co., GW&K Investment Management LLC, Pictet Asset Management Ltd., Balyasny Asset Management LLC, RBF Capital LLC, and Schroder Investment Management Group.

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, Robinhood, Fidelity, and Charles Schwab.

What is MakeMyTrip's stock price today?

One share of MMYT stock can currently be purchased for approximately $15.49.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $1.59 billion and generates $486.01 million in revenue each year. The technology company earns $-167,760,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. MakeMyTrip employs 3,450 workers across the globe.

What is MakeMyTrip's official website?

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

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 5/30/2020 by MarketBeat.com Staff