ValuEngine Lowers Yatra Online (YTRA) to Sell

ValuEngine cut shares of Yatra Online (NASDAQ:YTRA) from a hold rating to a sell rating in a research report released on Friday morning.

Separately, Zacks Investment Research raised shares of Yatra Online from a hold rating to a buy rating and set a $8.25 price objective for the company in a research note on Saturday, May 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $12.56.

Shares of Yatra Online opened at $5.36 on Friday, MarketBeat reports. The stock has a market cap of $155.85 million, a PE ratio of -3.77 and a beta of -1.76. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of -1.60. Yatra Online has a 12 month low of $5.00 and a 12 month high of $12.85.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings data on Monday, June 11th. The technology company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.03). The firm had revenue of $50.46 million for the quarter, compared to the consensus estimate of $49.00 million. Yatra Online had a negative net margin of 32.52% and a negative return on equity of 363.93%. equities analysts anticipate that Yatra Online will post -0.81 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in YTRA. Millennium Management LLC raised its stake in Yatra Online by 210.0% in the first quarter. Millennium Management LLC now owns 704,609 shares of the technology company’s stock worth $4,657,000 after buying an additional 477,328 shares in the last quarter. Whetstone Capital Advisors LLC raised its stake in Yatra Online by 453.9% in the first quarter. Whetstone Capital Advisors LLC now owns 165,922 shares of the technology company’s stock worth $1,097,000 after buying an additional 135,967 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Yatra Online by 771.1% in the first quarter. JPMorgan Chase & Co. now owns 132,409 shares of the technology company’s stock worth $875,000 after buying an additional 117,208 shares in the last quarter. Acuitas Investments LLC bought a new position in Yatra Online in the first quarter worth about $665,000. Finally, Stifel Financial Corp bought a new position in Yatra Online in the first quarter worth about $661,000. 14.60% of the stock is owned by institutional investors.

Yatra Online Company Profile

Yatra Online, Inc operates as an online travel agent company in India. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, and activities and ancillary services for leisure and business travelers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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