Yatra Online Inc Expected to Earn FY2018 Earnings of ($1.38) Per Share (YTRA)

Yatra Online Inc (NASDAQ:YTRA) – Equities researchers at Oppenheimer lowered their FY2018 earnings per share (EPS) estimates for Yatra Online in a research report issued on Wednesday. Oppenheimer analyst J. Kelly now anticipates that the technology company will post earnings per share of ($1.38) for the year, down from their prior forecast of ($1.22). Oppenheimer currently has a “Buy” rating and a $12.00 target price on the stock. Oppenheimer also issued estimates for Yatra Online’s Q4 2018 earnings at ($0.38) EPS, FY2019 earnings at ($1.00) EPS and FY2020 earnings at ($0.49) EPS.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings data on Tuesday, January 30th. The technology company reported ($0.31) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.11). Yatra Online had a negative net margin of 38.96% and a negative return on equity of 363.93%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter last year, the business earned ($11.21) EPS. Yatra Online’s revenue for the quarter was up 45.6% compared to the same quarter last year.

Separately, Zacks Investment Research lowered shares of Yatra Online from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Yatra Online presently has an average rating of “Buy” and an average price target of $14.36.

Yatra Online (YTRA) opened at $6.67 on Monday. Yatra Online has a 12-month low of $6.44 and a 12-month high of $12.85. The company has a debt-to-equity ratio of 10.03, a quick ratio of 0.83 and a current ratio of 0.87. The company has a market cap of $192.78, a price-to-earnings ratio of -3.29 and a beta of -3.37.

Hedge funds have recently added to or reduced their stakes in the business. Virtu KCG Holdings LLC bought a new position in Yatra Online during the second quarter valued at $201,000. Jane Street Group LLC bought a new position in Yatra Online during the third quarter valued at $238,000. JPMorgan Chase & Co. bought a new position in Yatra Online during the third quarter valued at $403,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Yatra Online during the third quarter valued at $448,000. Finally, Silver Capital Management LLC lifted its position in Yatra Online by 16.1% during the third quarter. Silver Capital Management LLC now owns 63,110 shares of the technology company’s stock valued at $684,000 after purchasing an additional 8,750 shares during the last quarter. Institutional investors and hedge funds own 14.88% of the company’s stock.

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Yatra Online Company Profile

Yatra Online, Inc is an India-based consumer travel platform and online travel agent. The Company’s segments include Air Ticketing, Hotels and Packages, and Others. Through Internet and mobile-based platform and call-centers, the Company provides the facility to book and service international and domestic air tickets to customer through business-to-consumer (B2C) and business-to-business-to-consumer (B2B2C) channel.

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