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TheStreet Wire

MakeMyTrip Ltd. (MMYT): Today's Featured Leisure Loser

By TheStreet Wire 10/12/11 - 05:11 PM EDT

Find out if (MMYT) is in Cramer's Portfolio.

The leisure industry closed the day up 1.5%. Canterbury Park Holding Corporation (CPHC), Good Times Restaurants Inc (GTIM), Kona Grill Inc (KONA), and Dover Downs Gaming & Entertainment Inc (DDE) were all decliners today within the leisure industry with MakeMyTrip (MMYT) being today's featured leisure loser. MakeMyTrip fell 40 cents (-1.5%) to $26.60 on heavy volume. Throughout the day, 279,329 shares of MakeMyTrip exchanged hands as compared to its average daily volume of 127,600 shares.

MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and the United States. MakeMyTrip has a market cap of $991.4 million and is part of the services sector. The company has a P/E ratio of 168.1, below the average leisure industry P/E ratio of 269 and above the S&P 500 P/E ratio of 17.7. Shares are down 0.1% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates MakeMyTrip as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, feeble growth in its earnings per share, unimpressive growth in net income and poor profit margins.

You can view the full MakeMyTrip Ratings Report.

On the positive front, Asia Entertainment & Resources (AERL), Orient-Express Hotels (OEH), Orbitz Worldwide Inc (OWW), and Royal Caribbean Cruises (RCL) were all gainers within the leisure industry with Carnival Corporation (CCL) being today's featured leisure industry winner.

Use our leisure section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert (PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services (SCC).

Find other investment ideas from our top rated ETFs lists.

For more information on MakeMyTrip Ltd. click any of the following:

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