NASDAQ:MMYT MakeMyTrip (MMYT) Stock Price, News & Analysis → This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad) Free MMYT Stock Alerts $70.60 +0.88 (+1.26%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$69.51▼$71.4150-Day Range$47.89▼$70.6052-Week Range$22.50▼$71.41Volume700,809 shsAverage Volume782,463 shsMarket Capitalization$7.49 billionP/E Ratio153.48Dividend YieldN/APrice Target$52.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get MakeMyTrip alerts: Email Address MakeMyTrip MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside25.6% Downside$52.50 Price TargetShort InterestBearish3.61% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth39.29%From $0.84 to $1.17 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.1.18 out of 5 starsComputer And Technology Sector503rd out of 588 stocksTransportation Services Industry12th out of 16 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.50, MakeMyTrip has a forecasted downside of 25.6% from its current price of $70.60.Amount of Analyst CoverageMakeMyTrip has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.61% 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 5.4.Change versus previous monthShort interest in MakeMyTrip has recently increased by 6.98%, indicating that investor sentiment is decreasing significantly. 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 3.1 News and Social Media Coverage News SentimentMakeMyTrip has a news sentiment score of 0.58. 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 WeekMarketBeat has tracked 4 news articles for MakeMyTrip this week, compared to 3 articles on an average week.Search Interest7 people have searched for MMYT on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows16 people have added MakeMyTrip to their MarketBeat watchlist in the last 30 days. This is an increase of 78% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MakeMyTrip are expected to grow by 39.29% in the coming year, from $0.84 to $1.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MakeMyTrip is 153.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.41.Price to Earnings Ratio vs. SectorThe P/E ratio of MakeMyTrip is 153.48, 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 229.80.Price to Book Value per Share RatioMakeMyTrip has a P/B Ratio of 8.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatYour $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionStart Your Risk-Free Trial Here 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 HeadlinesMarch 24, 2024 | msn.com'Boycott this Chinese app and cancel all the bookings': MakeMyTrip faces boycott calls on social media, sparks uninstall threatsMarch 20, 2024 | msn.comMeraDoc, MakeMyTrip Partner To Offer Real-Time Medical Services Across IndiaMarch 28, 2024 | DTI (Ad)my top trade on these 9 tickersThis indicator is uniquely designed to spot the most significant moves in the top stocks out there (and according to our backtesting it has historically nailed these moves with a stunning 90% accuracy). Now, most folks have been saying NVDA is way overbought or overpriced. They didn’t want to “buy at the top” 6 weeks ago… Or again 4 weeks ago… or again 2 weeks ago… And it’s not their fault! That’s what all the talking heads were saying too. But the Apex Indicator would have clearly shown that these were opportunities to buy. And, sure enough, Nvidia slammed through the recommended targets again and again.March 18, 2024 | investorplace.comBeware the Magazine Cover Jinx: 7 Stocks to Sell Before It Strikes AgainMarch 16, 2024 | finance.yahoo.comMMYT Apr 2024 50.000 callMarch 14, 2024 | finance.yahoo.comThe 5.0% return this week takes MakeMyTrip's (NASDAQ:MMYT) shareholders one-year gains to 157%March 13, 2024 | msn.comChart of the Day: MakeMyTrip To AsiaMarch 8, 2024 | msn.comUse of keyword ‘MakeMyTrip’ in Google ads no deception: Supreme CourtMarch 28, 2024 | DTI (Ad)my top trade on these 9 tickersThis indicator is uniquely designed to spot the most significant moves in the top stocks out there (and according to our backtesting it has historically nailed these moves with a stunning 90% accuracy). Now, most folks have been saying NVDA is way overbought or overpriced. They didn’t want to “buy at the top” 6 weeks ago… Or again 4 weeks ago… or again 2 weeks ago… And it’s not their fault! That’s what all the talking heads were saying too. But the Apex Indicator would have clearly shown that these were opportunities to buy. And, sure enough, Nvidia slammed through the recommended targets again and again.March 7, 2024 | msn.comSupreme Court Dismisses MakeMyTrip's Plea Against Delhi HC Order In Google's Favour In Ads CaseMarch 3, 2024 | investing.comMakeMyTrip Limited (MMYT)February 24, 2024 | msn.comMakeMyTrip (MMYT) Price Target Increased by 9.12% to 57.46February 22, 2024 | msn.comMacquarie Downgrades MakeMyTrip (MMYT)February 22, 2024 | msn.comIn A First For A State Govt And Private Travel Firm, Goa Partners With MakeMyTrip to Boost TourismFebruary 22, 2024 | msn.comMakeMyTrip partners with Goa government: All the detailsFebruary 22, 2024 | msn.comGoa govt, MakeMyTrip ink pact to promote state's culture, culinary, sustainable tourismFebruary 21, 2024 | msn.comMacquarie downgrades 'top pick' MakeMyTrip to Neutral, shares down premarketFebruary 20, 2024 | wsj.comMakeMyTrip Ltd.February 18, 2024 | finance.yahoo.comMMYT Nov 2024 85.000 callFebruary 18, 2024 | finance.yahoo.comMMYT Aug 2024 75.000 callFebruary 16, 2024 | finance.yahoo.comMMYT Mar 2024 60.000 putFebruary 16, 2024 | finance.yahoo.comMMYT Mar 2024 40.000 callFebruary 15, 2024 | money.usnews.comMakeMyTrip LtdFebruary 15, 2024 | investorplace.comCream of the Crop: 3 Must-Buy Stocks From IBD's Top 50February 15, 2024 | investorplace.comBuckle Up! 3 Consumer Stock Champions Set for Soaring Growth in 2024.February 15, 2024 | finance.yahoo.comMakeMyTrip Limited Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2028February 15, 2024 | businesswire.comMakeMyTrip Limited Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2028See 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 Earnings1/23/2024Today3/28/2024Fiscal Year End3/31/2024Next Earnings (Estimated)5/21/2024Get 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-25.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio153.48 Forward P/E Ratio84.05 P/E GrowthN/ANet Income$-11,320,000.00 Net Margins6.93% Pretax Margin6.91% Return on Equity10.13% Return on Assets6.37% Debt Debt-to-Equity Ratio0.02 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$593.04 million Price / Sales12.63 Cash Flow$0.43 per share Price / Cash Flow164.76 Book Value$8.25 per share Price / Book8.56Miscellaneous Outstanding Shares106,130,000Free Float95,199,000Market Cap$7.49 billion OptionableOptionable Beta1.22 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsKTNYSE:KTGeneracNYSE:GNRCCienaNYSE:CIENCognexNASDAQ:CGNXAmkor TechnologyNASDAQ:AMKRView All CompetitorsInstitutional OwnershipQuadrature Capital LtdSold 33,320 shares on 3/25/2024Ownership: 0.042%Wellington Management Group LLPSold 641,141 shares on 3/5/2024Ownership: 1.818%Fisher Asset Management LLCBought 21,733 shares on 3/5/2024Ownership: 0.089%FIL LtdBought 74,951 shares on 2/17/2024Ownership: 5.772%DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainSold 26,500 shares on 2/16/2024Ownership: 0.277%View All Institutional Transactions MMYT Stock Analysis - Frequently Asked Questions Should I buy or sell MakeMyTrip stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MakeMyTrip in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued 12 month price objectives 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 year. This suggests that the stock has a possible downside of 25.6%. 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 at the beginning of 2024. Since then, MMYT stock has increased by 50.3% and is now trading at $70.60. 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, May 21st 2024. View our MMYT earnings forecast. How were MakeMyTrip's earnings last quarter? MakeMyTrip Limited (NASDAQ:MMYT) announced its quarterly earnings data on Tuesday, January, 23rd. The technology company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.05. The technology company had revenue of $214.22 million for the quarter, compared to analysts' expectations of $210.01 million. MakeMyTrip had a net margin of 6.93% and a trailing twelve-month return on equity of 10.13%. What ETFs hold MakeMyTrip's stock? ETFs with the largest weight of MakeMyTrip (NASDAQ:MMYT) stock in their portfolio include Amplify Travel Tech ETF (AWAY), India Internet & Ecommerce ETF (INQQ), First Trust BICK Index Fund (BICK), Clough Select Equity ETF (CBSE), Clough Long/Short Equity ETF (CBLS), VanEck Digital India ETF (DGIN), Fidelity Disruptive Technology ETF (FDTX) and VanEck Africa Index ETF (AFK). 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 a number of retail and institutional investors. Top institutional shareholders include FIL Ltd (5.77%), Capital International Investors (3.76%), Artisan Partners Limited Partnership (3.26%), Schroder Investment Management Group (2.46%), Baillie Gifford & Co. (2.15%) and Wellington Management Group LLP (1.82%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe 3rd Revolution in WarfareWeiss RatingsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsIs AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer)Banyan Hill Publishing 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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