NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → Never use this word on your phone (FBI could be watching) (From Paradigm Press) (Ad) Free MMYT Stock Alerts $72.39 +1.92 (+2.72%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$70.39▼$73.6250-Day Range$57.51▼$75.9752-Week Range$24.18▼$77.30Volume800,846 shsAverage Volume844,853 shsMarket Capitalization$7.68 billionP/E Ratio157.37Dividend YieldN/APrice Target$52.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside27.5% Downside$52.50 Price TargetShort InterestHealthy3.62% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.03Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth39.29%From $0.84 to $1.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.02 out of 5 starsComputer And Technology Sector2575th out of 3,570 stocksTransportation Services Industry61st out of 90 stocks 1.3 Analyst's Opinion Consensus RatingMakeMyTrip has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMakeMyTrip has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.62% of the outstanding shares of MakeMyTrip have been sold short.Short Interest Ratio / Days to CoverMakeMyTrip has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in MakeMyTrip has recently decreased by 5.88%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMakeMyTrip does not currently pay a dividend.Dividend GrowthMakeMyTrip does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MMYT. Previous Next 3.4 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for MakeMyTrip this week, compared to 4 articles on an average week.Search Interest6 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MakeMyTrip insiders have not sold or bought any company stock.Percentage Held by Insiders10.30% of the stock of MakeMyTrip is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions51.89% of the stock of MakeMyTrip is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 39.29% in the coming year, from $0.84 to $1.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 157.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.77.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 157.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 250.10.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 8.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About MakeMyTrip Stock (NASDAQ:MMYT)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, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels and 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 travel services and products through its websites, such as 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. The company serves leisure and corporate travelers. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.Read More MMYT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MMYT Stock News HeadlinesMay 2, 2024 | investorplace.com3 Under-the-Radar Stocks for Your Spring Must-Buy ListMay 2, 2024 | businesswire.comMakeMyTrip Limited to report Fiscal 2024 Fourth Quarter and Full Year Financial & Operating Results on May 15, 2024May 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 28, 2024 | investorplace.com3 Tourism Stocks to Buy for 100% Returns by 2025April 26, 2024 | investorplace.comVacation-Bound: 3 Travel Stocks Set to Surge This SummerApril 26, 2024 | markets.businessinsider.comHere's what Wall Street expects from Guangzhou Automobile Group's earningsApril 25, 2024 | msn.comIndia’s Travel Trends: MakeMyTrip Reveals AllApril 24, 2024 | seekingalpha.comMakeMyTrip: Favorable Growth Outlook With Profitability Improvement PotentialMay 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 22, 2024 | skift.comHow Indians Are Traveling Now: Takeaways From MakeMyTrip’s First Trend ReportApril 20, 2024 | nasdaq.comInteresting MMYT Put And Call Options For June 21stApril 19, 2024 | finance.yahoo.comMakeMyTrip (MMYT) Stock Moves -0.52%: What You Should KnowApril 18, 2024 | investorplace.com7 Under-The-Radar Growth Stocks to Buy for Multibagger Returns by 2030April 17, 2024 | msn.comMakeMyTrip (MMYT) Price Target Increased by 7.09% to 66.75April 16, 2024 | markets.businessinsider.comMakemytrip’s Positive Traffic Trends and Stable Financial Outlook Merit Buy RatingApril 16, 2024 | nasdaq.comValidea Detailed Fundamental Analysis - MMYTApril 11, 2024 | skift.comMakeMyTrip Introduces Exclusive Mumbai-Bhutan Charter Services – India ReportApril 10, 2024 | investorplace.com7 Must-Buy Growth Stocks That are Blue-Chips in the MakingApril 10, 2024 | finance.yahoo.comMakeMyTrip (NASDAQ:MMYT) Is Experiencing Growth In Returns On CapitalApril 9, 2024 | investorplace.comShort-Selling Bonanza: 3 Overhyped Tech Stocks to Bet AgainstApril 4, 2024 | msn.comDelhi HC Dismisses PIL Against These Travel Companies Amid Data Security Concerns Raised By UsersMarch 24, 2024 | msn.com'Boycott this Chinese app and cancel all the bookings': MakeMyTrip faces boycott calls on social media, sparks uninstall threatsMarch 20, 2024 | msn.comMeraDoc, MakeMyTrip Partner To Offer Real-Time Medical Services Across IndiaMarch 18, 2024 | investorplace.comBeware the Magazine Cover Jinx: 7 Stocks to Sell Before It Strikes AgainMarch 16, 2024 | finance.yahoo.comMMYT Apr 2024 50.000 callMarch 14, 2024 | finance.yahoo.comThe 5.0% return this week takes MakeMyTrip's (NASDAQ:MMYT) shareholders one-year gains to 157%March 13, 2024 | msn.comChart of the Day: MakeMyTrip To AsiaSee More Headlines Receive MMYT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MakeMyTrip and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2021Today5/04/2024Next Earnings (Confirmed)5/15/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Transportation services Sub-IndustryN/A Current SymbolNASDAQ:MMYT CUSIPN/A CIK1495153 Webwww.makemytrip.com Phone911244395000FaxN/AEmployees4,090Year Founded2000Price Target and Rating Average Stock Price Target$52.50 High Stock Price Target$60.00 Low Stock Price Target$45.00 Potential Upside/Downside-27.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio157.37 Forward P/E Ratio86.18 P/E GrowthN/ANet Income$-11,320,000.00 Net Margins6.93% Pretax Margin6.91% Return on Equity10.13% Return on Assets6.37% Debt Debt-to-Equity Ratio0.02 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$728.16 million Price / Sales10.55 Cash Flow$0.43 per share Price / Cash Flow166.53 Book Value$8.25 per share Price / Book8.77Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$7.68 billion OptionableOptionable Beta1.26 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Rajesh Magow (Age 55)Co-Founder, Group CEO & Director Mr. Deep Kalra (Age 55)Founder, Group Chairman & Chief Mentor Mr. Mohit Kabra (Age 53)Group Chief Financial Officer Mr. Sanjay Mohan (Age 59)Group Chief Technology Officer Mr. Ravi Prakash TyagiVice President of AdministrationMr. Vipul GargVice President of Investor RelationsMr. Raj Rishi SinghChief Marketing Officer & Chief Business Officer of CorporateMr. Yuvaraj Srivastava (Age 53)Group Chief Human Resource Officer Mr. Saujanya Shrivastava (Age 50)Chief Business Officer and COO of Flights, Holidays & Gulf Cooperation Council (GCC) Mr. Parikshit ChoudhuryChief Business Officer of Alternate Accommodation & Customer Contact GroupMore ExecutivesKey CompetitorsRedditNYSE:RDDTCognexNASDAQ:CGNXArrow ElectronicsNYSE:ARWYandexNASDAQ:YNDXTrump Media & Technology GroupNASDAQ:DJTView All CompetitorsInstitutional OwnershipCoronation Fund Managers Ltd.Sold 716,727 shares on 5/3/2024Ownership: 0.388%Jennison Associates LLCSold 63,015 shares on 5/2/2024Ownership: 0.787%Blue Trust Inc.Sold 316 shares on 5/1/2024Ownership: 0.006%Precision Wealth Strategies LLCBought 3,993 shares on 5/1/2024Ownership: 0.004%BNP Paribas Financial MarketsSold 5,802 shares on 5/1/2024Ownership: 0.002%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions Should I buy or sell MakeMyTrip stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MMYT shares. View MMYT analyst ratings or view top-rated stocks. What is MakeMyTrip's stock price target for 2024? 2 brokerages have issued 12-month price targets for MakeMyTrip's stock. Their MMYT share price targets range from $45.00 to $60.00. On average, they expect the company's stock price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 27.5%. View analysts price targets for MMYT or view top-rated stocks among Wall Street analysts. How have MMYT shares performed in 2024? MakeMyTrip's stock was trading at $46.98 at the beginning of the year. Since then, MMYT stock has increased by 54.1% and is now trading at $72.39. View the best growth stocks for 2024 here. When is MakeMyTrip's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our MMYT earnings forecast. How can I listen to MakeMyTrip's earnings call? MakeMyTrip will be holding an earnings conference call on Wednesday, May 15th 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) announced its quarterly earnings results on Tuesday, October, 26th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.07. The technology company had revenue of $67.48 million for the quarter. MakeMyTrip had a trailing twelve-month return on equity of 10.13% and a net margin of 6.93%. During the same quarter last year, the company earned ($0.20) earnings per share. What ETFs hold MakeMyTrip's stock? ETFs with the largest weight of MakeMyTrip (NASDAQ:MMYT) stock in their portfolio include India Internet & Ecommerce ETF (INQQ), Amplify Travel Tech ETF (AWAY), Invesco Leisure and Entertainment ETF (PEJ), Innovator IBD 50 ETF (FFTY), Clough Long/Short Equity ETF (CBLS), First Trust BICK Index Fund (BICK), Clough Select Equity ETF (CBSE) and OneAscent Emerging Markets ETF (OAEM). What is Deep Kalra and Rajesh Magow's approval rating as MakeMyTrip's CEO? 144 employees have rated MakeMyTrip Chief Executive Officer Deep Kalra and Rajesh Magow on Glassdoor.com. Deep Kalra and Rajesh Magow has an approval rating of 96% among the company's employees. This puts Deep Kalra and Rajesh Magow in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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), Trade Desk (TTD), MongoDB (MDB) and Netflix (NFLX). Who are MakeMyTrip's major shareholders? MakeMyTrip's stock is owned by many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.07%), Jennison Associates LLC (0.79%), Coronation Fund Managers Ltd. (0.39%), Aubrey Capital Management Ltd (0.32%), U S Global Investors Inc. (0.10%) and Mirae Asset Global Investments Co. Ltd. (0.09%). How do I buy shares of MakeMyTrip? Shares of MMYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does MakeMyTrip have any subsidiaries? The following companies are subsidiares of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited.Read More This page (NASDAQ:MMYT) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldThe only AI company you should be looking atBehind the MarketsHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MakeMyTrip Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
