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

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

MakeMyTrip Limited (NASDAQ:MMYT) released its earnings results on Wednesday, May, 30th. The technology company reported ($0.40) earnings per share for the quarter, meeting the consensus estimate of ($0.40). The technology company had revenue of $145.30 million for the quarter, compared to analyst estimates of $136.31 million. MakeMyTrip had a negative return on equity of 12.34% and a negative net margin of 32.35%. The company's quarterly revenue was up 70.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.42) earnings per share. View MakeMyTrip's Earnings History.

MakeMyTrip is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for MakeMyTrip.

6 Wall Street analysts have issued 12-month price objectives for MakeMyTrip's stock. Their forecasts range from $30.00 to $41.00. On average, they expect MakeMyTrip's stock price to reach $35.30 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Ratings 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, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 somewhat positive on Saturday, according to Accern. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MakeMyTrip earned a media sentiment score of 0.07 on Accern's scale. They also assigned news headlines about the technology company an impact score of 45.33 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

MakeMyTrip's stock is owned by many different of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.53%), Fisher Asset Management LLC (0.05%), Fred Alger Management Inc. (0.01%) and Harbour Capital Advisors LLC (0.01%). View Institutional Ownership Trends for MakeMyTrip.

MMYT stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc.. View Insider Buying and Selling for MakeMyTrip.

MMYT stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Fisher Asset Management LLC and Harbour Capital Advisors LLC. View Insider Buying and Selling for 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.

One share of MMYT stock can currently be purchased for approximately $37.00.

MakeMyTrip has a market capitalization of $3.78 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]