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NASDAQ:MMYT

MakeMyTrip (MMYT) Stock Price, News & Analysis

MakeMyTrip logo
$112.74 +1.74 (+1.57%)
(As of 10:45 AM ET)

About MakeMyTrip Stock (NASDAQ:MMYT)

Key Stats

Today's Range
$110.35
$113.07
50-Day Range
$97.53
$120.46
52-Week Range
$43.31
$123.00
Volume
77,735 shs
Average Volume
703,680 shs
Market Capitalization
$12.38 billion
P/E Ratio
61.61
Dividend Yield
N/A
Price Target
$98.00
Consensus Rating
Moderate Buy

Company Overview

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.

MakeMyTrip Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

MMYT MarketRank™: 

MakeMyTrip scored higher than 41% of companies evaluated by MarketBeat, and ranked 433rd out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MakeMyTrip 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 Coverage

    MakeMyTrip has only been the subject of 1 research reports in the past 90 days.

  • Read more about MakeMyTrip's stock forecast and price target.
  • Earnings Growth

    Earnings for MakeMyTrip are expected to grow by 46.51% in the coming year, from $1.29 to $1.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MakeMyTrip is 61.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MakeMyTrip is 61.61, 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 238.94.

  • Price to Earnings Growth Ratio

    MakeMyTrip has a PEG Ratio of 6.59. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    MakeMyTrip has a P/B Ratio of 11.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.65% of the outstanding shares of MakeMyTrip have been sold short.
  • Short Interest Ratio / Days to Cover

    MakeMyTrip has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in MakeMyTrip has recently decreased by 2.35%, indicating that investor sentiment is improving.
  • Dividend Yield

    MakeMyTrip does not currently pay a dividend.

  • Dividend Growth

    MakeMyTrip does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.65% of the outstanding shares of MakeMyTrip have been sold short.
  • Short Interest Ratio / Days to Cover

    MakeMyTrip has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in MakeMyTrip has recently decreased by 2.35%, indicating that investor sentiment is improving.
  • News Sentiment

    MakeMyTrip has a news sentiment score of 0.65. 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 Week

    MarketBeat has tracked 1 news article for MakeMyTrip this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    5 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MakeMyTrip insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    10.30% 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 Institutions

    51.89% 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.
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MMYT Stock News Headlines

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MMYT MakeMyTrip (India) Private Limited
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MMYT Stock Analysis - Frequently Asked Questions

MakeMyTrip's stock was trading at $46.98 at the start of the year. Since then, MMYT shares have increased by 140.0% and is now trading at $112.74.
View the best growth stocks for 2024 here
.

MakeMyTrip Limited (NASDAQ:MMYT) issued its earnings results on Wednesday, October, 23rd. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.10. The technology company earned $210.99 million during the quarter, compared to analysts' expectations of $214.90 million. MakeMyTrip had a net margin of 26.64% and a trailing twelve-month return on equity of 11.54%.

MakeMyTrip subsidiaries include Ibibo Group Holdings (Singapore) Pte. Ltd., Ibibo Group Private Limited, and MakeMyTrip (India) Private Limited.

Top institutional shareholders of MakeMyTrip include Baillie Gifford & Co. (3.60%), FMR LLC (3.31%), Jennison Associates LLC (2.11%) and Franklin Resources Inc. (1.36%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that MakeMyTrip investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Humana (HUM), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/23/2024
Today
12/23/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Transportation
Current Symbol
NASDAQ:MMYT
Fax
N/A
Employees
4,576
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$98.00
High Stock Price Target
$119.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-11.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$216.80 million
Pretax Margin
14.42%

Debt

Sales & Book Value

Annual Sales
$782.52 million
Cash Flow
$1.17 per share
Book Value
$10.17 per share

Miscellaneous

Free Float
98,474,000
Market Cap
$12.19 billion
Optionable
Optionable
Beta
1.27

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This page (NASDAQ:MMYT) was last updated on 12/23/2024 by MarketBeat.com Staff
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