Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, MakeMyTrip Ltd (NASDAQ: MMYT) closed at $100.06 down -2.12% from its previous closing price of $102.23. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
For a deeper understanding of MakeMyTrip Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on December 27, 2024, Reiterated its Buy rating but revised its target price to $130 from $119 previously.
On February 21, 2024, Macquarie Downgraded its rating to Neutral which previously was Outperform and also upped its target price recommendation from $50 to $60. Morgan Stanley Upgraded its Equal-Weight to Overweight on December 08, 2022, while the target price for the stock was maintained at $36.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, MakeMyTrip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 120.76, and their Forward P/E ratio for the next fiscal year is 52.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.23 while its Price-to-Book (P/B) ratio in mrq is 9.70.
Stock Price History:
Over the past 52 weeks, MMYT has reached a high of $123.00, while it has fallen to a 52-week low of $74.50. The 50-Day Moving Average of the stock is -2.17%, while the 200-Day Moving Average is calculated to be -3.43%.
Shares Statistics:
A total of 109.78M shares are outstanding, with a floating share count of 65.05M. Insiders hold about 40.74% of the company’s shares, while institutions hold 72.60% stake in the company.
Earnings Estimates
The market rating for MakeMyTrip Ltd (MMYT) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.47, with high estimates of $0.47 and low estimates of $0.47.
Analysts are recommending an EPS of between $2.04 and $1.62 for the fiscal current year, implying an average EPS of $1.9. EPS for the following year is $2.34, with 4.0 analysts recommending between $2.55 and $2.14.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $296.39M this quarter.It ranges from a high estimate of $300.36M to a low estimate of $292.43M. As of the current estimate, MakeMyTrip Ltd’s year-ago sales were $243.66MFor the next quarter, 2 analysts are estimating revenue of $267.17M. There is a high estimate of $280.44M for the next quarter, whereas the lowest estimate is $253.91M.
A total of 9 analysts have provided revenue estimates for MMYT’s current fiscal year. The highest revenue estimate was $1.23B, while the lowest revenue estimate was $1.12B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $1.01BBased on 9 analysts’ estimates, the company’s revenue will be $1.45B in the next fiscal year. The high estimate is $1.52B and the low estimate is $1.35B.
