Handle With Care: Yatra Online Inc. (NASDAQ: YTRA)

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    BlueCrest Capital Management (UK). recently announced the acquisition of new stake in Yatra Online Inc. (NASDAQ:YTRA). The institutional investor has increased its shareholding in the Consumer Cyclical company by 47.50% to 2.88 million shares with purchase of 0.93 million shares. This fresh investment now brings its stake to 5.38% valued currently at $1.96 million. In addition, BlueCrest Capital Management (New. raised its holdings by 2.05 million to 2.05 million shares. And Yakira Capital Management, Inc. has lifted its position by 0.87% or 13133.0 shares – to 1.52 million shares.

    With over 0.28 million Yatra Online Inc. (YTRA) shares trading Thursday and a closing price of $0.75 on the day, the dollar volume was approximately $0.21 million. The shares have shown a negative weekly performance of -1.30% and its price on 07/30/20 lost nearly -3.51%. Currently, there are 46.48M common shares owned by the public and among those 34.42M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for YTRA have a consensus price objective of $7.00. The analysts have set the share’s price value over the next 12 months at a high of $7.00 and a low of $7.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Yatra Online Inc. stock is 1.00 for the next 12 months. But an upside of 89.29% will see the stock hit the forecast high price target while mean target price for the stock is $7.00.

    The top 3 mutual fund holders in Yatra Online Inc. are GAMCO International SICAV – Merge, Royce Micro Cap Trust, and Fidelity Nasdaq Composite Index F. GAMCO International SICAV – Merge owns 0.43 million shares of the company’s stock, all valued at over $0.29 million. The company bought an additional 0.43 million shares recently to bring their total holdings to about 0.79% of the shares outstanding. Fidelity Nasdaq Composite Index F now owns shares totaling to 0.11% of the shares outstanding.

    Shares of Yatra Online Inc. (NASDAQ: YTRA) opened at $0.7769, down -$0.0 from a prior closing price of $0.78. However, the script later closed the day at $0.75, down -3.51%. The company’s stock has a 5-day price change of -1.30% and -34.77% over the past three months. YTRA shares are trading -76.19% year to date (YTD), with the 12-month market performance down to -83.66% lower. It has a 12-month low price of $0.65 and touched a high of $4.62 over the same period. Currently, 0.28 million shares have been traded, compared to an average intraday trading volume of 911.09K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.96%, -18.44%, and -67.22% respectively.

    Institutional ownership of Yatra Online Inc. (NASDAQ: YTRA) shares accounts for 43.30% of the company’s 46.48M shares outstanding. Mutual fund holders own 4.33%, while other institutional holders and individual stakeholders account for 43.34% and 1.20% respectively.

    It has a market capitalization of $44.12M and a beta (3y monthly) value of 1.81. The earnings-per-share (ttm) stands at -$0.43. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.16% over the week and 7.44% over the month.

    Analysts forecast that Yatra Online Inc. (YTRA) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and -$0.03 for 2021. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was -$0.11 a year ago.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Yatra Online Inc. (YTRA) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the YTRA, a number of firms have released research notes about the stock. Oppenheimer stated their Perform rating for the stock in a research note on February 04, 2019, with the firm’s price target at. Citigroup coverage for the Yatra Online Inc. (YTRA) stock in a research note released on July 20, 2018 offered a Buy rating with a price target of $9. Ladenburg Thalmann was of a view on September 07, 2017 that the stock is Buy, while Oppenheimer gave the stock Outperform rating on July 12, 2017, issuing a price target of $15. Macquarie on their part issued Outperform rating on June 05, 2017.

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