MakeMyTrip (MMYT) Ascends While Market Falls: Some Facts to Note

Core Viewpoint - MakeMyTrip (MMYT) is currently facing challenges in stock performance, with a notable decline over the past month, while upcoming earnings are anticipated to show growth in both EPS and revenue compared to the previous year [2][3][4]. Company Performance - The stock price of MakeMyTrip ended at $93.01, reflecting a +2.25% change from the previous day's closing price, outperforming the S&P 500 which fell by 0.4% [1]. - Over the last month, MakeMyTrip's shares have decreased by 9.83%, underperforming the Computer and Technology sector which gained 6.34% and the S&P 500 which increased by 4.97% [2]. Upcoming Earnings - MakeMyTrip is set to release its earnings report on July 22, 2025, with an expected EPS of $0.45, indicating a 15.38% increase from the same quarter last year [3]. - The consensus estimate for revenue is projected at $277.12 million, representing an 8.88% year-over-year increase [3]. Full-Year Estimates - The Zacks Consensus Estimates for MakeMyTrip's full-year earnings are $1.96 per share and revenue of $1.16 billion, which would signify year-over-year growth of +25.64% and +18.78%, respectively [4]. Analyst Sentiment - Recent changes in analyst estimates for MakeMyTrip are crucial, as positive revisions indicate optimism regarding the company's business and profitability [4]. - The Zacks Rank for MakeMyTrip is currently 5 (Strong Sell), reflecting a decline of 0.61% in the consensus EPS projection over the past 30 days [6]. Valuation Metrics - MakeMyTrip's Forward P/E ratio stands at 46.53, which is significantly higher than the industry average Forward P/E of 14.77, indicating a premium valuation [7]. - The Internet - Delivery Services industry, to which MakeMyTrip belongs, has a Zacks Industry Rank of 94, placing it in the top 39% of over 250 industries [7].