Zacks Investment Research Comments on Yatra Online, Inc.’s Q3 2023 Earnings (NASDAQ:YTRA)

Yatra Online, Inc. (NASDAQ:YTRAGet Rating) – Equities research analysts at Zacks Investment Research lifted their Q3 2023 earnings per share estimates for Yatra Online in a research note issued on Monday, June 6th. Zacks Investment Research analyst L. Thompson now forecasts that the technology company will post earnings of $0.05 per share for the quarter, up from their prior forecast of $0.03.

Yatra Online stock opened at $1.96 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.25. Yatra Online has a 1 year low of $1.32 and a 1 year high of $2.69. The company has a market cap of $121.77 million, a PE ratio of -9.33 and a beta of 1.70. The company’s 50-day moving average is $1.71 and its two-hundred day moving average is $1.74.

Yatra Online (NASDAQ:YTRAGet Rating) last issued its quarterly earnings data on Friday, April 1st. The technology company reported ($0.01) EPS for the quarter. Yatra Online had a negative return on equity of 57.21% and a negative net margin of 50.61%. The company had revenue of $13.95 million for the quarter.

Several large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Yatra Online in the 4th quarter valued at approximately $7,835,000. Acuitas Investments LLC increased its stake in Yatra Online by 25.3% during the 4th quarter. Acuitas Investments LLC now owns 2,001,760 shares of the technology company’s stock worth $3,463,000 after purchasing an additional 404,740 shares in the last quarter. Millrace Asset Group Inc. increased its stake in Yatra Online by 7.4% during the 1st quarter. Millrace Asset Group Inc. now owns 1,695,345 shares of the technology company’s stock worth $3,357,000 after purchasing an additional 117,126 shares in the last quarter. Fiera Capital Corp bought a new stake in Yatra Online during the 1st quarter worth approximately $1,988,000. Finally, Potomac Capital Management Inc. increased its stake in Yatra Online by 1.2% during the 1st quarter. Potomac Capital Management Inc. now owns 788,488 shares of the technology company’s stock worth $1,561,000 after purchasing an additional 9,388 shares in the last quarter. Institutional investors and hedge funds own 59.69% of the company’s stock.

Yatra Online Company Profile (Get Rating)

Yatra Online, Inc operates as an online travel company in India and internationally. It operates in Air Ticketing, and Hotels and Packages segments. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, cab bookings, and ancillary services for leisure and business travelers.

Further Reading

Earnings History and Estimates for Yatra Online (NASDAQ:YTRA)

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