Research Analysts Issue Forecasts for Yatra Online, Inc.’s Q1 2024 Earnings (NASDAQ:YTRA)

Posted by on Jun 5th, 2023

Yatra Online, Inc. (NASDAQ:YTRA – Get Rating) – Equities research analysts at HC Wainwright issued their Q1 2024 earnings per share estimates for Yatra Online in a research report issued on Wednesday, May 31st. HC Wainwright analyst S. Buck anticipates that the technology company will earn ($0.02) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $4.00 target price on the stock. The consensus estimate for Yatra Online’s current full-year earnings is $0.01 per share. HC Wainwright also issued estimates for Yatra Online’s Q3 2024 earnings at ($0.02) EPS and FY2024 earnings at ($0.03) EPS.

Yatra Online (NASDAQ:YTRA – Get Rating) last announced its quarterly earnings results on Tuesday, March 28th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $18.00 million for the quarter, compared to the consensus estimate of $18.37 million. Yatra Online had a negative net margin of 7.48% and a negative return on equity of 29.66%.

Yatra Online Trading Up 1.4 %

Shares of NASDAQ:YTRA opened at $2.15 on Monday. Yatra Online has a 1 year low of $1.62 and a 1 year high of $3.00. The stock’s fifty day moving average price is $2.04 and its 200-day moving average price is $2.22. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market cap of $134.57 million, a P/E ratio of -35.83 and a beta of 1.46.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of YTRA. Susquehanna International Group LLP bought a new position in Yatra Online in the first quarter valued at about $34,000. State Street Corp bought a new position in Yatra Online in the third quarter valued at about $43,000. UBS Group AG lifted its holdings in Yatra Online by 30,123.7% in the third quarter. UBS Group AG now owns 29,317 shares of the technology company’s stock valued at $66,000 after acquiring an additional 29,220 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Yatra Online by 104.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 31,775 shares of the technology company’s stock valued at $76,000 after acquiring an additional 16,250 shares during the period. Finally, Morgan Stanley lifted its holdings in Yatra Online by 26.7% in the fourth quarter. Morgan Stanley now owns 59,250 shares of the technology company’s stock valued at $143,000 after acquiring an additional 12,500 shares during the period. Institutional investors own 51.12% of the company’s stock.

Yatra Online Company Profile

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Yatra Online, Inc engages in the business of selling travel products and solutions. It operates through the following segments: Air Ticketing, Hotels & Packages, and Others. The Air Ticketing segment through an Internet, mobile based platform, and call-centers, provides the facility to book and service international and domestic air tickets to ultimate customers.

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Earnings History and Estimates for Yatra Online (NASDAQ:YTRA)

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