Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $95.69 in the prior trading day, MakeMyTrip Ltd (NASDAQ: MMYT) closed at $95.65, down -0.04%. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 0.97 million shares were traded. MMYT stock price reached its highest trading level at $97.5 during the session, while it also had its lowest trading level at $94.17.
Ratios:
Our goal is to gain a better understanding of MMYT by taking a closer 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 9100849152 and an Enterprise Value of 10363544576. As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 115.44, and their Forward P/E ratio for the next fiscal year is 49.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.30 while its Price-to-Book (P/B) ratio in mrq is 9.06. 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 0.87, which has changed by 0.054342985 over the last 52 weeks, in comparison to a change of 0.11708844 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 -5.62%, while the 200-Day Moving Average is calculated to be -7.66%.
Shares Statistics:
The stock has traded on average 1.20M shares per day over the past 3-months and 1564660 shares per day over the last 10 days, according to various share statistics. A total of 71.36M shares are outstanding, with a floating share count of 65.33M. Insiders hold about 27.33% of the company’s shares, while institutions hold 96.34% stake in the company. Shares short for MMYT as of 1749772800 were 2088618 with a Short Ratio of 1.73, 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
