MakeMyTrip (MMYT) Laps the Stock Market: Here's Why

Group 1 - MakeMyTrip's stock closed at $100.42, with a +1.67% change, outperforming the S&P 500's gain of 0.38% [1] - The stock has decreased by 6.01% over the past month, underperforming the Computer and Technology sector's gain of 11.61% and the S&P 500's gain of 6.6% [1] Group 2 - The upcoming earnings report is expected to show an EPS of $0.46, a 17.95% increase year-over-year, with revenue forecasted at $277.12 million, reflecting an 8.88% growth [2] - For the full year, earnings are projected at $1.98 per share and revenue at $1.16 billion, indicating increases of +26.92% and +18.78% respectively from the previous year [3] Group 3 - Recent analyst estimate revisions indicate optimism about MakeMyTrip's business and profitability [3] - The Zacks Rank system, which correlates estimate changes with stock prices, currently ranks MakeMyTrip at 4 (Sell) [5] Group 4 - MakeMyTrip's Forward P/E ratio is 50.01, significantly higher than the industry average of 17.82 [6] - The Internet - Delivery Services industry, part of the Computer and Technology sector, ranks in the top 22% of over 250 industries according to the Zacks Industry Rank [6]