NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → Discover little-known stocks with HUGE potential to soar in 2024 (From StockWireNews) (Ad) Free MMYT Stock Alerts $75.59 +0.10 (+0.13%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$73.84▼$77.0650-Day Range$60.90▼$89.7152-Week Range$25.75▼$89.83Volume698,176 shsAverage Volume785,547 shsMarket Capitalization$8.02 billionP/E Ratio45.26Dividend YieldN/APrice Target$52.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside30.5% Downside$52.50 Price TargetShort InterestBearish3.51% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth33.59%From $1.31 to $1.75 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.1.76 out of 5 starsComputer And Technology Sector468th out of 602 stocksTransportation Services Industry11th 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 received no research coverage in the past 90 days.Read more about MakeMyTrip's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.51% 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 4.6.Change versus previous monthShort interest in MakeMyTrip has recently increased by 1.08%, indicating that investor sentiment is decreasing. 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 3.9 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.95. 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 0.67 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for MakeMyTrip this week, compared to 4 articles on an average week.Search Interest9 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 80% 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 175% 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 33.59% in the coming year, from $1.31 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 45.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.14.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 45.26, 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 246.81.Price to Earnings Growth RatioMakeMyTrip has a PEG Ratio of 5.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 7.19. 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 Wealthpin ProAre You Positioned For The New Energy Goldrush?Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. 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 26, 2024 | seekingalpha.comMakeMyTrip: Encouraging Performance Across Hotels And Packages SegmentMay 24, 2024 | americanbankingnews.comMakeMyTrip (NASDAQ:MMYT) Upgraded to "Hold" by StockNews.comMay 23, 2024 | investorplace.com7 Growth Stocks to Buy Now for 20X Returns by 2030May 22, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: General Motors (GM), Makemytrip (MMYT) and Macy’s (M)May 21, 2024 | finance.yahoo.comIs Now The Time To Look At Buying MakeMyTrip Limited (NASDAQ:MMYT)?May 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 - MMYTSee 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 Earnings10/26/2021Today5/31/2024Next 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-29.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio44.47 Forward P/E Ratio56.69 P/E Growth5.05Net Income$216.80 million Net Margins27.70% Pretax Margin11.88% Return on Equity10.66% Return on Assets6.80% Debt Debt-to-Equity Ratio0.19 Current Ratio2.88 Quick Ratio2.88 Sales & Book Value Annual Sales$782.52 million Price / Sales10.07 Cash Flow$1.24 per share Price / Cash Flow60.07 Book Value$10.52 per share Price / Book7.06Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$7.88 billion OptionableOptionable Beta1.26 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsExpedia GroupNASDAQ:EXPEXPONYSE:XPOGXO LogisticsNYSE:GXOGATXNYSE:GATXVerra MobilityNASDAQ:VRRMView 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 equities research 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 equities research 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 Wall Street research analysts have issued 12-month price targets for MakeMyTrip's stock. Their MMYT share price targets range from $45.00 to $60.00. On average, they expect the company's share price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 30.5%. 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 shares have increased by 60.9% and is now trading at $75.59. 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 data 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 earned $67.48 million during the quarter. MakeMyTrip had a trailing twelve-month return on equity of 10.66% and a net margin of 27.70%. During the same quarter in the previous year, the firm posted ($0.20) EPS. 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 Select Equity ETF (CBSE), OneAscent Emerging Markets ETF (OAEM), Clough Long/Short Equity ETF (CBLS) and First Trust BICK Index Fund (BICK). 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 many different retail and institutional 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 5/31/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarGold Set to EXPLODE!Gold Safe ExchangeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin ProA once-in-a-century profit opportunity?Digital Mavericks Media ‘America’s Top Trader’ Who Predicted the Biggest Financial Events of The Last 30 Years, Issues New WARNING:InvestorPlaceNYSE biotech company's drug could be as revolutionary as penicillin!Financial Markets Daily 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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