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NASDAQ:MMYTMakeMyTrip Stock Price, Forecast & News

$14.75
-0.65 (-4.22 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$14.52
Now: $14.75
$15.49
50-Day Range
$10.96
MA: $13.57
$15.58
52-Week Range
$10.00
Now: $14.75
$30.13
Volume369,198 shs
Average Volume441,066 shs
Market Capitalization$1.52 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars


Industry, Sector and Symbol

Industry Transportation services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:MMYT
CUSIPN/A
Phone91-12-4439-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$486.01 million
Book Value$13.19 per share

Profitability

Net Income$-167,760,000.00

Miscellaneous

Employees3,450
Market Cap$1.52 billion
Next Earnings Date5/28/2020 (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 (WHO). Since then, MMYT shares have decreased by 14.0% and is now trading at $14.75. 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, May 28th 2020. View our earnings forecast for MakeMyTrip.

How were MakeMyTrip's earnings last quarter?

MakeMyTrip Limited (NASDAQ:MMYT) posted its quarterly earnings data on Tuesday, February, 11th. The technology company reported ($0.29) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.30) by $0.01. The technology company earned $206.70 million during the quarter, compared to analysts' expectations of $199.52 million. MakeMyTrip had a negative net margin of 28.39% and a negative return on equity of 11.55%. The business's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.14) earnings per share. View MakeMyTrip's earnings history.

What price target have analysts set for MMYT?

2 analysts have issued 1 year price objectives 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 year. This suggests a possible upside of 100.0% from the stock's current price. View analysts' price targets for MakeMyTrip.

Has MakeMyTrip been receiving favorable news coverage?

Media stories about MMYT stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. MakeMyTrip earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMakeMyTrip.

Who are some of MakeMyTrip's key 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 a number of institutional and retail investors. Top institutional investors 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 $14.75.

How big of a company is MakeMyTrip?

MakeMyTrip has a market capitalization of $1.52 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 5/26/2020 by MarketBeat.com Staff

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