MakeMyTrip (MMYT) Rises As Market Takes a Dip: Key Facts

Group 1 - MakeMyTrip (MMYT) closed at $105.76, with a +1.41% change, outperforming the S&P 500, which fell by 0.29% [1] - The stock has gained 11.54% over the past month, while the Computer and Technology sector lost 1.17% [1] Group 2 - The upcoming earnings disclosure is anticipated, with a consensus revenue estimate of$ 216.03 million, reflecting a 28.06% increase year-over-year [2] - For the fiscal year, earnings are projected at $1.71 per share and revenue at$ 946.59 million, indicating increases of +40.16% and +20.97% respectively [2] Group 3 - Recent changes in analyst estimates for MakeMyTrip are crucial as they indicate business trends and analysts' confidence in performance [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] Group 4 - MakeMyTrip's current Forward P/E ratio is 60.99, significantly higher than the industry's Forward P/E of 23.73 [6] - The PEG ratio for MMYT is 4.49, compared to the Internet - Delivery Services industry's average PEG ratio of 2.55 [6] Group 5 - The Internet - Delivery Services industry ranks in the top 21% of all industries, with a Zacks Industry Rank of 52 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]