Core Viewpoint - Yatra Online, Inc. (YTRA) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - For the fiscal year ending March 2025, Yatra Online is projected to earn $0.05 per share, reflecting a 350% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Yatra Online has risen by 150% [8]. Investment Implications - The upgrade to Zacks Rank 2 suggests that Yatra Online is positioned in the top 20% of Zacks-covered stocks, indicating strong potential for price appreciation in the near term [10]. - Rising earnings estimates and the subsequent rating upgrade imply an improvement in Yatra Online's underlying business, which could lead to increased investor interest and stock price growth [5][10].
All You Need to Know About Yatra Online (YTRA) Rating Upgrade to Buy