15.31 0.00 (0.00%)
After hours: 4:15PM EDT
Price Crosses Moving Average
|Bid||15.23 x 800|
|Ask||15.25 x 900|
|Day's Range||14.93 - 15.79|
|52 Week Range||10.00 - 30.13|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2020 - Aug 01, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.41|
MakeMyTrip Group warned Friday that it might not see profits for years. But the online travel reseller based in Gurugram, India, also argued that it's the best-capitalized of the country's homegrown travel companies to come out of the crisis stronger. Executives predicted during a call with analysts that it will outperform smaller rivals, which will […]
In this article we will check out the progression of hedge fund sentiment towards MakeMyTrip Limited (NASDAQ:MMYT) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
New York, June 23, 2020 -- New Delhi and New York, June 23, 2020 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 fourth quarter and full year results before.
Looking into the current session, MakeMyTrip Inc. (NASDAQ: MMYT) shares are trading at $17.81, after a 3.73% increase. Moreover, over the past month, the stock increased by 20.75%, but in the past year, decreased by 31.63%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently above from its 52 week low by 78.10%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Travel Services stocks, and capitalize on the lower share price observed over the year.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate P/E ratio of the 11.47 in the Travel Services industry, MakeMyTrip Inc. has a lower P/E ratio of 0.0. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.Price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Benzinga's Top Upgrades, Downgrades For June 19, 2020 * Jabil: Q3 Earnings Insights * 19 Healthcare Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Ixigo, a 13-year-old travel and hotel booking service in India, said on Monday it is cutting the salary of its entire staff as the firm grapples with severe disruption in its business due to the coronavirus outbreak that has pushed New Delhi to issue a nationwide lockdown. Aloke Bajpai, co-founder and chief executive of Ixigo, said the leadership at the firm has agreed to take a 60% pay cut while the rest of the staff, about 200 people, have agreed to have their salaries reduced between 20% to 50%. Bajpai and Rajnish Kumar, the other co-founder, have decided to forgo their entire salary until the business is back on track.
New York, March 24, 2020 -- New Delhi and New York, March 24, 2020 -- Deep Kalra, Group Executive Chairman and Rajesh Magow, Group CEO, today shared the following message to.
MakeMyTrip Group has elevated Rajesh Magow, co-founder and CEO of its India business, to the role of group CEO, where he'll oversee its leading brands, MakeMyTrip, Goibibo, and Redbus, the company said on Tuesday. Co-founder Deep Kalra is rising from group CEO to the newly created role of group executive chairman. Kalra will help oversee […]
New York, Jan. 27, 2020 -- New Delhi and New York, January 27, 2020 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 third quarter results before markets.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
MakeMyTrip isn't setting any money aside in the event that a regulatory probe involving its relationship with hotel chain Oyo should go against the India online travel agency. Asked during an earnings call Monday whether MakeMyTrip feels the need to establish a contingent liability related to the Competition Commission of India investigation, which is expected to take […]
New Delhi & New York, October 29, 2019: In connection with the information filed by the Federation of Hotel and Restaurant Associations of India (FHRAI), the Competition Commission of India (CCI) has, through its recent order passed on 28th October, 2019, held that Go-MMT (MakeMyTrip and Goibibo) “prima facie appears to be dominant” in the “market for online intermediation services for booking of hotels in India”, and has ordered an investigation, including to determine whether Go-MMT has abused such dominance. Commenting on the development, MakeMyTrip spokesperson said, “We are confident of demonstrating compliance with the principles of competition law while providing our partners and consumers the best in class services.
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment to SoftBank-backed hotel chain Oyo on its platform, stifling competition in the industry. There is a "prima facie case for investigation" against MakeMyTrip and Oyo for alleged violations of rules barring uncompetitive agreements between parties, the Competition Commission of India (CCI) said in an order dated Oct. 28. The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an industry body.
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd <MMYT.O> gives special treatment to SoftBank-backed <9984.T> hotel chain Oyo on its platform, stifling competition in the industry. There is a "prima facie case for investigation" against MakeMyTrip and Oyo for alleged violations of rules barring uncompetitive agreements between parties, the Competition Commission of India (CCI) said in an order dated Oct. 28. The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an industry body.
New York, Oct. 24, 2019 -- New Delhi and New York, October 24, 2019 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 second quarter results before markets.
India’s MakeMyTrip Group expects to narrow losses to the single-digit millions by next year, a rather ambitious goal as it will have to pare back an operating loss of nearly $43 million in a matter of three to four quarters. In the three months ending June 30, the company continued recording multi-quarter drops in losses, […]
New York, Sept. 06, 2019 -- Gurugram and New York, September 6, 2019: MakeMyTrip Limited (NASDAQ: MMYT) (the “Company”), India’s leading online travel company, announced today.
Gurugram and New York, Aug. 19, 2019 -- MakeMyTrip Limited (NASDAQ: MMYT) (the “Company”), India’s leading online travel company, announced today that the annual meeting of its.
It seems smart to have some exposure to India, the fastest growing major economy in the world, explains Carl Delfeld, a leading expert on emerging markets and editor of Cabot Global Stocks Explorer.
NEW YORK, NY / ACCESSWIRE / July, 30 2019 / MakeMyTrip Ltd. (NASDAQ: MMYT ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on July, 30 2019 at 7:30 AM Eastern ...
New York, July 23, 2019 -- New Delhi and New York, July 23, 2019 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 first quarter results before markets open on.