In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
MakeMyTrip Ltd (NASDAQ: MMYT) closed the day trading at $94.12 down -0.64% from the previous closing price of $94.73. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1.89 million shares were traded. MMYT stock price reached its highest trading level at $95.75 during the session, while it also had its lowest trading level at $93.19.
Ratios:
For a better understanding of MMYT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.04.
On December 27, 2024, BofA Securities reiterated its Buy rating and also lowered its target price recommendation from $119 to $130.
Macquarie Downgraded its Outperform to Neutral on February 21, 2024, whereas the target price for the stock was revised from $50 to $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 27 ’25 when RAJESH MAGOW bought 2,000 shares for $105.00 per share.
RAJESH MAGOW bought 20,000 shares of MMYT for $2,377,900 on Feb 04 ’25. On Dec 10 ’24, another insider, MOHIT KABRA, who serves as the Officer of the company, bought 640 shares for $123.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMYT now has a Market Capitalization of 12212447232 and an Enterprise Value of 10363544576. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 113.59, and their Forward P/E ratio for the next fiscal year is 48.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.48 while its Price-to-Book (P/B) ratio in mrq is 8.92. Its current Enterprise Value per Revenue stands at 10.593 whereas that against EBITDA is 75.205.
Stock Price History:
The Beta on a monthly basis for MMYT is 0.88, which has changed by 0.09505522 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, MMYT has reached a high of $123.00, while it has fallen to a 52-week low of $76.95. The 50-Day Moving Average of the stock is -7.42%, while the 200-Day Moving Average is calculated to be -9.20%.
Shares Statistics:
Over the past 3-months, MMYT traded about 1.18M shares per day on average, while over the past 10 days, MMYT traded about 3027820 shares per day. A total of 71.36M shares are outstanding, with a floating share count of 69.56M. Insiders hold about 46.39% of the company’s shares, while institutions hold 66.75% stake in the company. Shares short for MMYT as of 1749772800 were 2088618 with a Short Ratio of 1.77, compared to 1747267200 on 2423315. Therefore, it implies a Short% of Shares Outstanding of 2088618 and a Short% of Float of 3.7699999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
