Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of MakeMyTrip Ltd (NASDAQ: MMYT) closed at $101.52 in the last session, up 2.06% from day before closing price of $99.47. In other words, the price has increased by $2.06 from its previous closing price. On the day, 0.87 million shares were traded. MMYT stock price reached its highest trading level at $101.72 during the session, while it also had its lowest trading level at $99.0.
Ratios:
We take a closer look at MMYT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 9659363328 and an Enterprise Value of 12015153152. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 117.46, and their Forward P/E ratio for the next fiscal year is 54.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.73. Its current Enterprise Value per Revenue stands at 12.104 whereas that against EBITDA is 79.669.
Stock Price History:
The Beta on a monthly basis for MMYT is 0.87, which has changed by 0.016928792 over the last 52 weeks, in comparison to a change of 0.14064062 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 $81.84. The 50-Day Moving Average of the stock is 5.61%, while the 200-Day Moving Average is calculated to be -1.23%.
Shares Statistics:
According to the various share statistics, MMYT traded on average about 1.31M shares per day over the past 3-months and 743880 shares per day over the past 10 days. A total of 71.36M shares are outstanding, with a floating share count of 68.95M. Insiders hold about 27.54% of the company’s shares, while institutions hold 84.83% stake in the company. Shares short for MMYT as of 1753920000 were 4581092 with a Short Ratio of 3.49, compared to 1751241600 on 4238137. Therefore, it implies a Short% of Shares Outstanding of 4581092 and a Short% of Float of 6.22.
Earnings Estimates
A comprehensive evaluation of MakeMyTrip Ltd (MMYT) is underway, with the input of 1.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.57, with high estimates of $0.57 and low estimates of $0.57.
Analysts are recommending an EPS of between $2.15 and $1.48 for the fiscal current year, implying an average EPS of $1.91. EPS for the following year is $2.28, with 4.0 analysts recommending between $2.51 and $2.07.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $266M. It ranges from a high estimate of $272.72M to a low estimate of $259.28M. As of the current estimate, MakeMyTrip Ltd’s year-ago sales were $230.27MFor the next quarter, 2 analysts are estimating revenue of $317.33M. There is a high estimate of $321.64M for the next quarter, whereas the lowest estimate is $313.01M.
A total of 8 analysts have provided revenue estimates for MMYT’s current fiscal year. The highest revenue estimate was $1.25B, while the lowest revenue estimate was $1.11B, resulting in an average revenue estimate of $1.18B. In the same quarter a year ago, actual revenue was $1.01BBased on 8 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.54B and the low estimate is $1.36B.
