MakeMyTrip (MMYT) closed at $108.47, up 1.46% from the previous day, outperforming the S&P 500. Analysts project revenue of $216.03 million, a 28.06% increase from last year. Zacks estimates earnings of $1.71 per share and revenue of $946.59 million for the fiscal year, with a current Zacks Rank of #1 (Strong Buy).

Investors are advised to keep an eye on MakeMyTrip’s upcoming earnings disclosure. Recent analyst estimate changes reflect optimism about the company’s business. The Zacks Rank model, ranging from #1 (Strong Buy) to #5 (Strong Sell), indicates a positive outlook for MMYT. The stock currently trades at a Forward P/E ratio of 62.52.

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Read more at Nasdaq: MakeMyTrip (MMYT) Gains As Market Dips: What You Should Know