Yatra Online’s (NASDAQ:YTRA) “Market Perform” Rating Reaffirmed at Oppenheimer

Yatra Online (NASDAQ:YTRA)‘s stock had its “market perform” rating reiterated by research analysts at Oppenheimer in a research note issued to investors on Monday, February 4th, The Fly reports. They currently have a $8.00 price objective on the technology company’s stock. Oppenheimer’s price target would suggest a potential upside of 99.00% from the company’s current price. 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.

A number of other analysts also recently commented on YTRA. Zacks Investment Research downgraded Yatra Online from a “buy” rating to a “hold” rating in a research report on Sunday, January 6th. ValuEngine lowered Yatra Online from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $7.38.

Shares of Yatra Online stock traded up $0.19 on Monday, hitting $4.02. The company had a trading volume of 197,225 shares, compared to its average volume of 99,753. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.02. The company has a market cap of $174.44 million, a PE ratio of -2.83 and a beta of 1.54. Yatra Online has a 1 year low of $3.70 and a 1 year high of $8.16.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. O Brien Greene & Co. Inc purchased a new position in Yatra Online during the fourth quarter worth about $587,000. LPL Financial LLC grew its position in Yatra Online by 5.8% during the fourth quarter. LPL Financial LLC now owns 120,807 shares of the technology company’s stock worth $486,000 after buying an additional 6,640 shares in the last quarter. AltraVue Capital LLC purchased a new position in Yatra Online during the fourth quarter worth about $7,731,000. Creative Planning grew its position in Yatra Online by 13.9% during the fourth quarter. Creative Planning now owns 40,173 shares of the technology company’s stock worth $161,000 after buying an additional 4,890 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in Yatra Online by 44.0% during the fourth quarter. D.A. Davidson & CO. now owns 18,650 shares of the technology company’s stock worth $75,000 after buying an additional 5,700 shares in the last quarter. 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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