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Makemytrip Limited (MMYT)
NASDAQ:MMYT
Makemytrip (MMYT) Stock Price & Analysis
269 Followers
MMYT Stock Chart & Stats
Day’s Range$64.3 - $67.65
52-Week Range― - ―
Previous Close$65.54
Volume638.25K
Average Volume (3M)N/A
Market Cap
$7.11B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 15, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$74.80Price Target Upside10.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Makemytrip News
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst increases the target price for MMYT stock based on an improved ability to expand operating profitability.
Market Share And GrowthMMYT remains the leader across segments with a 30-40%+ market share in air-hotels and sees overall gross bookings expanding.
Profitability ForecastForecasted turnaround in net profit to approximately US$135-200mn in FY25E-26E from a net loss in the previous decade.
Bears Say
Bookings ForecastGross bookings in the air business are expected to decline significantly.
Operational ChallengesSupply issues in airline operations are causing flight cancellations and delays.
Traffic VolumeThe Ministry of Corporate Affairs reports a decline in daily passenger traffic for international volumes.
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Ownership Overview
0.00% Insiders
27.25% Mutual Funds
1.94% Other Institutional Investors
70.81% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Makemytrip
Desktop Users
Mobile Users
MMYT FAQ
What was Makemytrip Limited’s price range in the past 12 months?
Currently, no data Available
What is Makemytrip Limited’s market cap?
Currently, no data Available
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is May 15, 2024 which is in 18 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on Jan 23, 2024. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.155 by $0.065.
Is Makemytrip Limited overvalued?
According to Wall Street analysts Makemytrip Limited’s price is currently Undervalued.
Does Makemytrip Limited pay dividends?
Makemytrip Limited does not currently pay dividends.
What is Makemytrip Limited’s EPS estimate?
Makemytrip Limited’s EPS estimate is $0.14.
How many shares outstanding does Makemytrip Limited have?
Currently, no data Available
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $0.22 in its last earnings report, beating expectations of $0.155. Following the earnings report the stock price went down -0.26%.
Which hedge fund is a major shareholder of Makemytrip Limited?
Among the largest hedge funds holding Makemytrip Limited’s share is Causeway Capital Management LLC. It holds Makemytrip Limited’s shares valued at 9M.
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Makemytrip Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$74.80 (10.78% Upside)
$74.80 (10.78% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 55.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
183.47%
12-Months-Change
Fundamentals
Return on Equity
5.84%
Trailing 12-Months
Asset Growth
14.18%
Trailing 12-Months
Company Description
Makemytrip Limited
MakeMyTrip Ltd. is an online travel company. Its services and products include air ticketing, hotels and packages, rail tickets, bus tickets, car hire, experiences and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing. The company's brands include MakeMyTrip, goibibo, and redbus. It operates through the following three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The Air Ticketing segment provides the facility to book domestic and international air tickets. The Hotels and Packages segment provides holiday packages and hotel reservations. The Bus Ticketing segment provides the facility to book domestic and international bus tickets. MakeMyTrip was founded by Deep Kalra and Rajesh Magow on April 28, 2000 and is headquartered in Gurgaon, India.
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MMYT Earnings Call
Q3 2024
0:00 / 0:00
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MMYT Stock 12 Months Forecast
Average Price Target
$74.80
▲(10.78% Upside)
Technical Analysis
Best Analysts Covering MMYT
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+23.39%
assigned a buy rating 24 days ago
Copying Vijit Jain's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +23.39% per trade.
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