NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis $93.40 -0.36 (-0.38%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$90.64▼$94.5050-Day Range$83.20▼$100.0052-Week Range$36.81▼$101.50Volume575,864 shsAverage Volume742,837 shsMarket Capitalization$10.25 billionP/E Ratio55.93Dividend YieldN/APrice Target$95.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside2.4% Upside$95.67 Price TargetShort InterestHealthy2.76% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth5.80%From $1.38 to $1.46 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.0.82 out of 5 starsComputer And Technology Sector532nd out of 594 stocksTransportation Services Industry16th out of 17 stocks 1.3 Analyst's Opinion Consensus RatingMakeMyTrip has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMakeMyTrip has only been the subject of 2 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 Shorted2.76% 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 4.4.Change versus previous monthShort interest in MakeMyTrip has recently decreased by 0.66%, 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 1.8 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.30. 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 lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for MakeMyTrip this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for MMYT on MarketBeat in the last 30 days. This is a decrease of -90% 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 83% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 5.80% in the coming year, from $1.38 to $1.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 55.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 55.93, 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 281.04.Price to Earnings Growth RatioMakeMyTrip has a PEG Ratio of 7.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 8.95. 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 Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. 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 HeadlinesAugust 28, 2024 | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Price Target Increased to $112.00 by Analysts at Bank of AmericaAugust 27, 2024 | markets.businessinsider.comMakemytrip’s Growth and Profitability Outlook: A Buy Rating with Robust PotentialSeptember 7, 2024 | Mode Mobile (Ad)Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.August 22, 2024 | finance.yahoo.comThose who invested in MakeMyTrip (NASDAQ:MMYT) five years ago are up 314%August 20, 2024 | markets.businessinsider.comMakemytrip (MMYT) Receives ‘Buy’ Rating on Robust Volume Growth and Market ResilienceAugust 20, 2024 | globenewswire.comIndia Tourism Destination Market Insight Report 2024, Featuring SOTC, MakeMyTrip, Indian Hotels Company, Oberoi, Indian Railways, SpiceJet, Air India and IndiGoAugust 15, 2024 | msn.comMakeMyTrip collaborates Ministry of Tourism to engage Indian diasporaJuly 30, 2024 | seekingalpha.comMakeMyTrip: Dominant OTA Player In IndiaSeptember 7, 2024 | Mode Mobile (Ad)Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.July 29, 2024 | msn.comMakeMyTrip will grow at twice the industry rate: Group CEOJuly 26, 2024 | finance.yahoo.comMakeMyTrip Limited Announces Details of its Annual Shareholders MeetingJuly 25, 2024 | finance.yahoo.comDoes MakeMyTrip (NASDAQ:MMYT) Deserve A Spot On Your Watchlist?July 24, 2024 | markets.businessinsider.comBuy Rating Affirmed for Makemytrip Amid Strong Financial Performance and Strategic GrowthJuly 24, 2024 | markets.businessinsider.comMakemytrip’s International Growth Fuels Upward Price Target RevisionJuly 24, 2024 | msn.comMakeMyTrip Limited (NASDAQ:MMYT) Q1 2025 Earnings Call TranscriptJuly 23, 2024 | msn.comMakeMyTrip posts profit growth of 12.9% YoY in Q1 on robust travel demand, revenue surges 31.4% on growth across biz verticalsJuly 23, 2024 | markets.businessinsider.comMakeMyTrip Q1 Profit Rises; Gross Bookings Up 21.6%July 23, 2024 | seekingalpha.comMakeMyTrip Limited (MMYT) Q1 2025 Earnings Call TranscriptSee 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 Earnings7/23/2024Today9/07/2024Next Earnings (Estimated)10/29/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Transportation services Sub-IndustryTransportation Current SymbolNASDAQ:MMYT CUSIPN/A CIK1495153 Webwww.makemytrip.com Phone911244395000FaxN/AEmployees4,576Year Founded2000Price Target and Rating Average Stock Price Target$95.67 High Stock Price Target$115.00 Low Stock Price Target$60.00 Potential Upside/Downside+2.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio55.93 Forward P/E Ratio67.68 P/E Growth7.26Net Income$216.80 million Net Margins26.11% Pretax Margin12.36% Return on Equity11.04% Return on Assets7.11% Debt Debt-to-Equity Ratio0.19 Current Ratio2.78 Quick Ratio2.77 Sales & Book Value Annual Sales$840.31 million Price / Sales12.20 Cash Flow$1.20 per share Price / Cash Flow78.01 Book Value$10.44 per share Price / Book8.95Miscellaneous Outstanding Shares109,782,000Free Float98,474,000Market Cap$10.25 billion OptionableOptionable Beta1.28 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 CompetitorsRyanairNASDAQ:RYAAYBrookfield Infrastructure PartnersNYSE:BIPVikingNYSE:VIKZTO Express (Cayman)NYSE:ZTOTFI InternationalNYSE:TFIIView All CompetitorsInstitutional OwnershipSusquehanna International Group LLPBought 19,300 shares on 8/16/2024Ownership: 0.000%Driehaus Capital Management LLCBought 8,957 shares on 8/16/2024Ownership: 0.024%NewEdge Advisors LLCSold 566 shares on 8/16/2024Ownership: 0.016%Susquehanna Fundamental Investments LLCBought 4,300 shares on 8/15/2024Ownership: 0.004%D. E. Shaw & Co. Inc.Bought 2,700 shares on 8/15/2024Ownership: 0.000%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions How have MMYT shares performed this year? MakeMyTrip's stock was trading at $46.98 at the beginning of the year. Since then, MMYT stock has increased by 98.8% and is now trading at $93.40. View the best growth stocks for 2024 here. How were MakeMyTrip's earnings last quarter? MakeMyTrip Limited (NASDAQ:MMYT) posted its earnings results on Tuesday, July, 23rd. The technology company reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.23. The technology company earned $254.52 million during the quarter, compared to the consensus estimate of $231.85 million. MakeMyTrip had a trailing twelve-month return on equity of 11.04% and a net margin of 26.11%. 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. Does MakeMyTrip have any subsidiaries? The following companies are subsidiaries of MakeMyTrip: Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited. Who are MakeMyTrip's major shareholders? Top institutional investors of MakeMyTrip include Baillie Gifford & Co. (3.71%), American Century Companies Inc. (1.24%), William Blair Investment Management LLC (1.00%) and Marshall Wace LLP (0.87%). 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. What other stocks do shareholders of MakeMyTrip own? Based on aggregate information from My MarketBeat watchlists, some other companies that MakeMyTrip investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), Baidu (BIDU), Baozun (BZUN), JD.com (JD) and Shopify (SHOP). This page (NASDAQ:MMYT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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