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Makemytrip Limited (MMYT)
NASDAQ:MMYT
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MMYT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$47.04 - $123.00
Previous CloseN/A
Volume124.97K
Average Volume (3M)476.70K
Market Cap
$11.56B
Enterprise Value$10.18B
Total Cash (Recent Filing)$177.22M
Total Debt (Recent Filing)$523.00K
Price to Earnings (P/E)50.6
Beta1.17
Next Earnings
Jan 23, 2025EPS Estimate
0.24Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.11
Shares Outstanding70,114,580
10 Day Avg. Volume567,459
30 Day Avg. Volume476,700
Standard Deviation0.13
R-Squared0.26
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.01
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.88
Enterprise Value/Revenue33.74
Enterprise Value/Gross Profit0.01
Enterprise Value/Ebitda328.15
Forecast
1Y Price Target
$119.00Price Target Upside11.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
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
Acquisition And Service ExpansionMakeMyTrip has acquired Happay, which adds an additional layer of service of expense management to its offerings.
Financial Stability And Shareholder ValueThe announced share buyback of $150 million provides downside support to Makemytrip Limited’s stock price.
Market Position And Growth PotentialLow competition in the space allows MMYT to show strong growth with margin expansion.
Bears Say
CompetitionRising competition from airline direct channels presents a challenge for MMYT.
EarningsA decline in FY25 EPS by 2.2% is mainly due to a non-cash translation impact from recent INR weakness versus USD.
Financial PerformanceHigher marketing and sales promotion spend remains a risk, potentially affecting adjusted EBIT margins.
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Ownership Overview
― Insiders
22.77% Mutual Funds
0.53% Other Institutional Investors
75.85% 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 $47.04 and its highest was $123.00 in the past 12 months.
What is Makemytrip Limited’s market cap?
Makemytrip Limited’s market cap is $11.56B.
When is Makemytrip Limited’s upcoming earnings report date?
Makemytrip Limited’s upcoming earnings report date is Jan 23, 2025 which is in 5 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 0.24.
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:
$119.00 (11.42% Upside)
$119.00 (11.42% Upside)
Blogger Sentiment
Bullish
MMYT Sentiment 84%
Sector Average 66%
Sector Average 66%
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
Negative
Last 7 Days ▼ 2.3%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
124.98%
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
$119.00
▲(11.42% Upside)
Technical Analysis
Despegar
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Booking Holdings
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TripAdvisor
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Trip.com Group Ltd. Sponsored ADR
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Carnival
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Royal Caribbean
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Best Analysts Covering MMYT
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+50.52%
reiterated a buy rating 6 months ago
Copying Vijit Jain's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +50.52% per trade.
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