MakeMyTrip (MMYT) to Release Quarterly Earnings on Wednesday

MakeMyTrip (NASDAQ:MMYT) will be announcing its earnings results before the market opens on Wednesday, May 15th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

MakeMyTrip Trading Down 2.6 %

Shares of MMYT opened at $71.81 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a 50 day moving average price of $66.51 and a 200-day moving average price of $54.04. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 156.11 and a beta of 1.26. MakeMyTrip has a fifty-two week low of $25.08 and a fifty-two week high of $77.30.

Analysts Set New Price Targets

MMYT has been the subject of a number of analyst reports. Macquarie downgraded shares of MakeMyTrip from an “outperform” rating to a “neutral” rating and raised their target price for the company from $50.00 to $60.00 in a research note on Wednesday, February 21st. StockNews.com upgraded MakeMyTrip from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th.

About MakeMyTrip

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.