NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → The 'Smart Money' Is Ready for May 1st Are You? (From Stansberry Research) (Ad) Free MMYT Stock Alerts $65.54 +0.34 (+0.52%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$65.26▼$67.1950-Day Range$56.78▼$75.9752-Week Range$22.50▼$77.30Volume425,803 shsAverage Volume772,691 shsMarket Capitalization$6.96 billionP/E Ratio142.48Dividend 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/Downside19.9% Downside$52.50 Price TargetShort InterestBearish3.84% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based 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.1.41 out of 5 starsComputer And Technology Sector488th out of 585 stocksTransportation Services Industry12th out of 15 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 2.0 Short Interest Percentage of Shares Shorted3.84% 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 5.1.Change versus previous monthShort interest in MakeMyTrip has recently increased by 6.53%, indicating that investor sentiment is decreasing 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 2.5 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.55. 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 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for MakeMyTrip this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for MMYT on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 3.1 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 142.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.17.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 142.48, 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 268.77.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 7.94. 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 DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. 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 HeadlinesApril 24, 2024 | seekingalpha.comMakeMyTrip: Favorable Growth Outlook With Profitability Improvement PotentialApril 22, 2024 | skift.comHow Indians Are Traveling Now: Takeaways From MakeMyTrip’s First Trend ReportApril 25, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 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 19, 2024 | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Share Price Crosses Above 200 Day Moving Average of $51.40April 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 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 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 AsiaMarch 8, 2024 | msn.comUse of keyword ‘MakeMyTrip’ in Google ads no deception: Supreme CourtMarch 7, 2024 | msn.comSupreme Court Dismisses MakeMyTrip's Plea Against Delhi HC Order In Google's Favour In Ads CaseMarch 3, 2024 | investing.comMakeMyTrip Limited (MMYT)February 24, 2024 | msn.comMakeMyTrip (MMYT) Price Target Increased by 9.12% to 57.46February 22, 2024 | msn.comMacquarie Downgrades MakeMyTrip (MMYT)See 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 Earnings10/26/2021Today4/24/2024Next Earnings (Estimated)5/21/2024Fiscal 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-19.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio142.48 Forward P/E Ratio78.02 P/E GrowthN/ANet Income$-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$593.04 million Price / Sales11.73 Cash Flow$0.45 per share Price / Cash Flow146.70 Book Value$8.25 per share Price / Book7.94Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$6.96 billion OptionableOptionable Beta1.23 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsWix.comNASDAQ:WIXWatts Water TechnologiesNYSE:WTSYandexNASDAQ:YNDXRedditNYSE:RDDTKanzhunNASDAQ:BZView All CompetitorsInstitutional OwnershipU S Global Investors Inc.Sold 73,348 shares on 4/24/2024Ownership: 0.102%HMS Capital Management LLCBought 3,247 shares on 4/24/2024Ownership: 0.003%Harbour Capital Advisors LLCBought 1,945 shares on 4/16/2024Ownership: 0.019%Banque Cantonale VaudoiseSold 1,203 shares on 4/10/2024Ownership: 0.015%Perpetual LtdSold 8,092 shares on 4/10/2024Ownership: 0.015%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions Should I buy or sell MakeMyTrip stock right now? 2 Wall Street 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 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 analysts have issued 1-year price objectives 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 year. This suggests that the stock has a possible downside of 19.9%. 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 start of the year. Since then, MMYT stock has increased by 39.5% and is now trading at $65.54. 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 Tuesday, May 21st 2024. View our MMYT earnings forecast. How were MakeMyTrip's earnings last quarter? MakeMyTrip Limited (NASDAQ:MMYT) issued its quarterly earnings results on Tuesday, October, 26th. The technology company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.07. The technology company had revenue of $67.48 million for the quarter. MakeMyTrip had a net margin of 6.93% and a trailing twelve-month return on equity of 10.13%. During the same quarter last year, the business posted ($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), First Trust BICK Index Fund (BICK), OneAscent Emerging Markets ETF (OAEM), VanEck Digital India ETF (DGIN) and Amplify International Enhanced Dividend Income ETF (IDVO). 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 a variety of institutional and retail investors. Top institutional investors include U S Global Investors Inc. (0.10%), Harbour Capital Advisors LLC (0.02%), Banque Cantonale Vaudoise (0.02%), Perpetual Ltd (0.01%), Confluence Investment Management LLC (0.01%) and HMS Capital Management LLC (0.00%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry Research1970’s computer coder issues shocking A.I. warningTradeSmithExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders 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. 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