Yatra Online (YTRA) Downgraded by Oppenheimer to Market Perform

Oppenheimer lowered shares of Yatra Online (NASDAQ:YTRA) from an outperform rating to a market perform rating in a report released on Monday, February 4th. Oppenheimer also issued estimates for Yatra Online’s Q4 2019 earnings at ($0.15) EPS, FY2019 earnings at ($0.69) EPS and FY2020 earnings at ($0.46) EPS.

YTRA has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Yatra Online from a hold rating to a buy rating and set a $5.75 target price on the stock in a report on Saturday, February 2nd. ValuEngine downgraded shares of Yatra Online from a buy rating to a hold rating in a report on Tuesday, November 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $7.38.

YTRA traded up $0.19 during trading on Monday, reaching $4.02. 197,225 shares of the stock were exchanged, compared to its average volume of 99,753. The company has a market cap of $174.44 million, a price-to-earnings ratio of -2.83 and a beta of 1.54. Yatra Online has a twelve month low of $3.70 and a twelve month high of $8.16. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02.

Yatra Online (NASDAQ:YTRA) last issued its earnings results on Thursday, January 31st. The technology company reported ($0.12) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.14) by $0.02. The business had revenue of $33.51 million for the quarter, compared to the consensus estimate of $31.57 million. Yatra Online had a negative net margin of 6.47% and a negative return on equity of 116.35%. As a group, research analysts forecast that Yatra Online will post -0.69 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in shares of Yatra Online in the fourth quarter valued at $63,000. D.A. Davidson & CO. grew its stake in shares of Yatra Online by 44.0% in the fourth quarter. D.A. Davidson & CO. now owns 18,650 shares of the technology company’s stock valued at $75,000 after acquiring an additional 5,700 shares in the last quarter. Clear Harbor Asset Management LLC acquired a new position in shares of Yatra Online in the third quarter valued at about $104,000. Jane Street Group LLC acquired a new position in shares of Yatra Online in the second quarter valued at about $129,000. Finally, Creative Planning grew its stake in shares of Yatra Online by 13.9% in the fourth quarter. Creative Planning now owns 40,173 shares of the technology company’s stock valued at $161,000 after acquiring an additional 4,890 shares in the last quarter. Hedge funds and other institutional investors own 22.65% of the company’s stock.

Yatra Online Company Profile

Yatra Online, Inc operates as an online travel company in India and internationally. 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.

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