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Makemytrip Limited (MMYT)
NASDAQ:MMYT
Makemytrip (MMYT) Stock Price & Analysis
286 Followers
MMYT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.31 - $77.68
Previous Close$77.03
Volume1.27M
Average Volume (3M)788.98K
Market Cap
$8.40B
Enterprise Value$7.94B
Total Cash (Recent Filing)$484.41M
Total Debt (Recent Filing)$15.65M
Price to Earnings (P/E)169.1
Beta0.88
Next Earnings
Jul 30, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.46
Shares Outstanding106,130,473
10 Day Avg. Volume709,453
30 Day Avg. Volume788,976
Standard Deviation0.13
R-Squared0.25
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)33.36
Price to Sales (P/S)13.79
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.86
Enterprise Value/Gross Profit864.81
Enterprise Value/Ebitda180.81
Forecast
1Y Price Target
$79.00Price Target Upside-7.46% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Makemytrip News
PremiumCompany Announcements
MakeMyTrip Hits Record Bookings and Profits
PremiumCompany Announcements
MakeMyTrip Reports Strong Fiscal 2024 Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEstimated year-over-year revenue growth of 23% and an adjusted EBIT margin increase of 59 basis points to 16% reflect strong financial health.
Market LeadershipMMYT remains the leader across segments with 30-40%+ market share in air-hotels and sees overall gross bookings expanding.
Profit ForecastForecasted turnaround in net profit to approximately US$135-200mn in FY25E-26E from a net loss in the previous decade.
Bears Say
Bookings DeclineGross bookings in the air business are expected to decline.
Operational IssuesSupply issues in airline operations leading to flight cancellations and delays may affect short-term growth.
Traffic DeclineThe Ministry of Corporate Affairs' daily passenger traffic for international volumes showed a decline.
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Ownership Overview
0.00% Insiders
26.94% Mutual Funds
33.26% Other Institutional Investors
39.80% 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?
Makemytrip Limited lowest stock price was $25.31 and its highest was $77.67 in the past 12 months.
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 Jul 30, 2024 which is in 75 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on May 15, 2024. The company reported $1.543 earnings per share for the quarter, beating the consensus estimate of $0.148 by $1.395.
Is Makemytrip Limited overvalued?
According to Wall Street analysts Makemytrip Limited’s price is currently Overvalued.
Does Makemytrip Limited pay dividends?
Makemytrip Limited does not currently pay dividends.
What is Makemytrip Limited’s EPS estimate?
Makemytrip Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Makemytrip Limited have?
Makemytrip Limited has 69,396,935 shares outstanding.
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $1.543 in its last earnings report, beating expectations of $0.148. Following the earnings report the stock price went up 10.827%.
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:
$79.00 (-7.46% Downside)
$79.00 (-7.46% Downside)
Blogger Sentiment
Bullish
MMYT Sentiment 100%
Sector Average 66%
Sector Average 66%
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 ▲ 0.9%
Last 30 Days ▲ 13.3%
Last 30 Days ▲ 13.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
199.14%
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 Month Forecast
Average Price Target
$79.00
▼(-7.46% Downside)
Technical Analysis
Best Analysts Covering MMYT
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+35.32%
assigned a buy rating last month
Copying Vijit Jain's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +35.32% per trade.
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