Oppenheimer Holdings, Inc. reissued their buy rating on shares of Yatra Online, Inc. (NASDAQ:YTRA) in a report published on Monday morning. Oppenheimer Holdings, Inc. currently has a $13.00 target price on the technology company’s stock, down from their prior target price of $15.00.
YTRA has been the topic of several other reports. Ladenburg Thalmann Financial Services assumed coverage on Yatra Online in a report on Thursday, September 7th. They set a buy rating and a $15.00 target price on the stock. CIBC assumed coverage on Yatra Online in a research report on Wednesday, July 12th. They issued an outperform rating and a $15.00 target price on the stock. Five equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of $14.56.
Shares of Yatra Online (NASDAQ YTRA) traded up $0.03 during trading hours on Monday, reaching $8.15. 13,527 shares of the company’s stock traded hands, compared to its average volume of 93,993. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. Yatra Online has a 1 year low of $7.71 and a 1 year high of $12.85.
Yatra Online (NASDAQ:YTRA) last posted its earnings results on Monday, August 7th. The technology company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.04). The company had revenue of $46.84 million for the quarter, compared to the consensus estimate of $24.09 million. Yatra Online had a negative return on equity of 51,721.07% and a negative net margin of 90.85%. equities analysts expect that Yatra Online will post -1.19 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Silver Capital Management LLC lifted its stake in shares of Yatra Online by 16.1% in the 3rd quarter. Silver Capital Management LLC now owns 63,110 shares of the technology company’s stock valued at $684,000 after acquiring an additional 8,750 shares during the last quarter. Ashford Capital Management Inc. grew its holdings in Yatra Online by 19.0% during the 2nd quarter. Ashford Capital Management Inc. now owns 71,410 shares of the technology company’s stock worth $803,000 after acquiring an additional 11,410 shares during the period. Virtu KCG Holdings LLC acquired a new stake in Yatra Online during the 2nd quarter worth about $201,000. JPMorgan Chase & Co. bought a new position in shares of Yatra Online during the 3rd quarter worth about $403,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Yatra Online during the 3rd quarter worth about $448,000. Hedge funds and other institutional investors own 23.29% of the company’s stock.
Yatra Online Company Profile
Yatra Online, Inc is an India-based consumer travel platform and online travel agent. The Company’s segments include Air Ticketing, Hotels and Packages, and Others. Through Internet and mobile-based platform and call-centers, the Company provides the facility to book and service international and domestic air tickets to customer through business-to-consumer (B2C) and business-to-business-to-consumer (B2B2C) channel.
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