Media headlines about MakeMyTrip (NASDAQ:MMYT) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MakeMyTrip earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 45.8190521396811 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

A number of analysts have commented on MMYT shares. UBS Group lowered MakeMyTrip from a “buy” rating to a “sell” rating and set a $30.00 price objective for the company. in a report on Wednesday, September 20th. Jefferies Group reissued a “hold” rating and set a $31.50 price objective on shares of MakeMyTrip in a report on Friday, October 13th. ValuEngine lowered MakeMyTrip from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Zacks Investment Research raised MakeMyTrip from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Saturday, November 4th. Finally, TheStreet lowered MakeMyTrip from a “c-” rating to a “d” rating in a report on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $32.13.

Shares of MakeMyTrip (MMYT) traded down $0.15 during midday trading on Friday, hitting $29.85. The stock had a trading volume of 206,952 shares, compared to its average volume of 486,739. MakeMyTrip has a 12-month low of $22.05 and a 12-month high of $40.90. The stock has a market cap of $2,727.39, a P/E ratio of -15.47 and a beta of 0.18.

MakeMyTrip (NASDAQ:MMYT) last announced its earnings results on Wednesday, November 1st. The technology company reported ($0.45) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.27. MakeMyTrip had a negative return on equity of 12.74% and a negative net margin of 31.73%. The firm had revenue of $139.20 million for the quarter, compared to the consensus estimate of $110.72 million. During the same quarter in the previous year, the business earned ($0.61) EPS. The company’s revenue was up 161.7% compared to the same quarter last year. research analysts anticipate that MakeMyTrip will post -2.22 earnings per share for the current year.

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About MakeMyTrip

MakeMyTrip Limited is an online travel company in India. The Company’s services and products include air ticketing, hotels, packages, rail tickets, bus tickets, car hire and ancillary travel requirements, such as facilitating access to third-party travel insurance and visa processing. Its segments include Air ticketing, which provides the facility to book international and domestic air tickets through an Internet-based platform; Hotels and packages, which provides holiday packages and hotel reservations through an Internet-based platform, call-centers and branch offices, and Others, which include advertisement income from hosting advertisements on its Internet Web-sites, income from sale of rail and bus tickets and income from facilitating Website access to a travel insurance company.

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