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Makemytrip Limited (MMYT)
NASDAQ:MMYT
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MMYT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.31 - $123.00
Previous Close$113
Volume784.43K
Average Volume (3M)639.70K
Market Cap
$12.41B
Enterprise Value-$367.19B
Total Cash (Recent Filing)$606.79B
Total Debt (Recent Filing)$221.62B
Price to Earnings (P/E)53.6
Beta1.10
Next Earnings
Jan 23, 2025EPS Estimate
$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.11
Shares Outstanding109,782,486
10 Day Avg. Volume452,197
30 Day Avg. Volume639,696
Standard Deviation0.13
R-Squared0.25
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.01
Price to Sales (P/S)0.02
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-1.22K
Enterprise Value/Gross Profit-0.47
Enterprise Value/Ebitda-11.83K
Forecast
1Y Price Target
$114.67Price Target Upside3.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Makemytrip News
PremiumCompany Announcements
MakeMyTrip’s Q2 Results Show Strong Growth
PremiumCompany Announcements
MakeMyTrip’s Strong Q2 Growth Boosts Profit
PremiumCompany Announcements
MakeMyTrip Shareholders Approve All ResolutionsBulls Say, Bears Say
Bulls Say
International GrowthInternational outbound travel continued to witness robust growth of 39% year-over-year in international air.
Market Share And Financial PerformanceMMYT's relative market share in air volumes within the listed peer universe has increased by almost 500bps over the last 5 quarters.
Strategic AcquisitionMakeMyTrip has acquired Happay, which adds an additional layer of service of expense management to its offerings.
Bears Say
CompetitionRising competition from airline direct channels presents a challenge for MMYT.
Financial PerformanceHigher marketing and sales promotion spend remains a risk, potentially affecting adjusted EBIT margins.
Market ConditionsUnexpected strong rains have led to last minute cancellations on bookings, especially around long weekends/extended.
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Ownership Overview
― Insiders
23.32% Mutual Funds
34.15% Other Institutional Investors
41.68% 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 $43.31 and its highest was $123.00 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 Jan 23, 2025 which is in 33 days.
How were Makemytrip Limited’s earnings last quarter?
Makemytrip Limited released its earnings results on Oct 23, 2024. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.166 by -$0.006.
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 $0.27.
How many shares outstanding does Makemytrip Limited have?
Makemytrip Limited has 70,114,580 shares outstanding.
What happened to Makemytrip Limited’s price movement after its last earnings report?
Makemytrip Limited reported an EPS of $0.16 in its last earnings report, missing expectations of $0.166. Following the earnings report the stock price went down -3.738%.
Which hedge fund is a major shareholder of Makemytrip Limited?
Among the largest hedge funds holding Makemytrip Limited’s share is Fisher Asset Management LLC. It holds Makemytrip Limited’s shares valued at 17M.
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Makemytrip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$114.67 (3.31% Upside)
$114.67 (3.31% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 84%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 236.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.0%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
141.14%
12-Months-Change
Fundamentals
Return on Equity
23.07%
Trailing 12-Months
Asset Growth
21.39%
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
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with significant growth in international and corporate travel segments, despite challenges like heavy rainfall affecting demand and supply constraints in the domestic air market. The company's robust cash position and commitment to share repurchase programs are positive indicators. However, moderation in room rate increases and the impact of the monsoon are challenges that need addressing.Read More>---
MMYT Stock 12 Month Forecast
Average Price Target
$114.67
▲(3.31% Upside)
Technical Analysis
Best Analysts Covering MMYT
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+55.25%
reiterated a buy rating 25 days ago
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