NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → Everybody laughed when he recommended Netflix (From Stansberry Research) (Ad) Free MMYT Stock Alerts $81.73 -7.98 (-8.90%) (As of 05/21/2024 ET) Add Compare Share Share Today's Range$81.21▼$88.5050-Day Range$60.90▼$89.7152-Week Range$25.75▼$89.83Volume1.28 million shsAverage Volume785,664 shsMarket Capitalization$8.67 billionP/E Ratio48.94Dividend 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/Downside35.8% Downside$52.50 Price TargetShort InterestHealthy3.48% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.51Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth32.82%From $1.31 to $1.74 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.1.98 out of 5 starsComputer And Technology Sector416th out of 591 stocksTransportation Services Industry8th out of 13 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.Read more about MakeMyTrip's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.48% 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 4.7.Change versus previous monthShort interest in MakeMyTrip has recently decreased by 3.91%, indicating that investor sentiment is improving. 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 3.1 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for MakeMyTrip this week, compared to 4 articles on an average week.Search Interest7 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.MarketBeat Follows11 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is an increase of 57% 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.Read more about MakeMyTrip's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 32.82% in the coming year, from $1.31 to $1.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 48.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.22.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 48.94, 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 252.39.Price to Earnings Growth RatioMakeMyTrip has a PEG Ratio of 5.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 9.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about MakeMyTrip's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. 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 21 at 4:20 PM | finance.yahoo.comIs Now The Time To Look At Buying MakeMyTrip Limited (NASDAQ:MMYT)?May 18, 2024 | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Stock Rating Lowered by StockNews.comMay 16, 2024 | msn.comMakeMyTrip Limited (NASDAQ:MMYT) Q4 2024 Earnings Call TranscriptMay 16, 2024 | msn.comMakeMyTrip Q4: Revenue Soars 38 Per Cent YoY, Gross Bookings Jump 23 Per CentMay 15, 2024 | investorplace.comMMYT Stock Earnings: MakeMyTrip Beats EPS, Beats Revenue for Q4 2024May 10, 2024 | finance.yahoo.comMakeMyTrip Shares Being Booked by Big MoneyMay 9, 2024 | investorplace.comThe 3 Hottest Airline Stocks to Consider Before Summer Travel Starts to SizzleMay 8, 2024 | skift.comMakeMyTrip Is Bringing Back Experiences. Plus: CEO on Latest Spending PatternsMay 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, 2024April 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 PotentialApril 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 CapitalSee 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 Earnings10/26/2021Today5/21/2024Next Earnings (Estimated)8/06/2024Fiscal 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-35.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio48.94 Forward P/E Ratio62.39 P/E Growth5.72Net Income$216.80 million Net Margins27.70% Pretax Margin6.91% Return on Equity11.24% Return on Assets7.02% Debt Debt-to-Equity Ratio0.02 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$782.52 million Price / Sales11.08 Cash Flow$0.40 per share Price / Cash Flow204.41 Book Value$8.25 per share Price / Book9.91Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$8.67 billion OptionableOptionable Beta1.26 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsAmkor TechnologyNASDAQ:AMKRUbiquitiNYSE:UIThe Descartes Systems GroupNASDAQ:DSGXBWX TechnologiesNYSE:BWXTDropboxNASDAQ:DBXView All CompetitorsInstitutional OwnershipLRI Investments LLCBought 1,968 shares on 5/21/2024Ownership: 0.002%Tidal Investments LLCBought 54,769 shares on 5/17/2024Ownership: 0.052%Walleye Trading LLCBought 18,700 shares on 5/17/2024Ownership: 0.000%Janus Henderson Group PLCBought 269,988 shares on 5/16/2024Ownership: 0.432%Bayesian Capital Management LPBought 6,237 shares on 5/16/2024Ownership: 0.006%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 twelve months. 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 targets for MakeMyTrip's shares. 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 35.8%. 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 on January 1st, 2024. Since then, MMYT stock has increased by 74.0% and is now trading at $81.73. 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, August 6th 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) 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 11.24% and a net margin of 27.70%. During the same period in the prior 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), Clough Long/Short Equity ETF (CBLS), OneAscent Emerging Markets ETF (OAEM), First Trust BICK Index Fund (BICK) and Clough Select Equity ETF (CBSE). 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 Capital International Investors (3.43%), Baillie Gifford & Co. (2.07%), Capital International Inc. CA (1.11%), Capital World Investors (0.88%), Jennison Associates LLC (0.79%) and William Blair Investment Management LLC (0.67%). 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 5/22/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersWarren Buffett's "mystery stock"Stansberry ResearchNew Options need New Trading StrategiesNetpicksObama’s Forever Term [exposed]Porter & CompanyTrump’s second term “playbook” leaked?Paradigm PressYou won’t see these trades on TVProsper Trading AcademyThis could mean the end of the U.S dollar…Colonial MetalsMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlace 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. 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