Yatra Online Inc. (YTRA) shares are trading at higher $1.94 and the avg recommendation for the stock is Strong Buy, while the current analyst price target stands at $2.00.
To add more color to this target, the company’s high over the last year is $3.82 and the low is $0.54. Over the last 52 weeks, YTRA is down -43.69% while the S&P 500 is up 18.49%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, YTRA reported a profit of $7.5 million. Yatra Online Inc. also saw revenues increase to $3.58 million. In addition, YTRA has free cash flow of $14.64 million as of 09-2020. The company’s EBITDA came in at -$3.92 million which compares well with its peers.
YTRA booked profit margins of -12.00%, its Return on Equity (ROE) is -24.60%, and its Return on Assets is -5.20%. All told, it is clear that, YTRA needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. YTRA has a short ratio of 0.17 and outstanding shares of 60.89M.
YTRA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.6 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.11. Yatra Online Inc. YTRA also noted assets of $91.03 million at the end of the last quarter. Investors should also keep an eye on sector updates as YTRA has historically followed its peers on positive news.
All told, Yatra Online Inc. YTRA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, YTRA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Yatra Online Inc. YTRA is now commanding a market cap of 102.78M and a float of 51.04M. YTRA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of YTRA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in YTRA, either long or short, and we have not been compensated for this article.