Easy Trip Planners Limited, together with its subsidiaries, operates as an online travel agency in India, the Philippines, Singapore, Thailand, the United Arab Emirates, the United Kingdom, New Zealand, Brazil, the Middle East, and the United States. The company provides reservation and booking services related to travel and tourism through ease-my-trip portal and app or in-house call centre, which includes a range of travel-related products and services, such as airline tickets, hotels, and holiday and travel packages; and train tickets, bus tickets, air charter services, and cab bookings. It also offers travel guides and updates, and other reservation activities. The company was incorporated in 2008 and is based in New Delhi, India.
Revenue projections:
Revenue projections for EASEMYTRIP EASEMYTRIP's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
currentRatio
2.683000
forwardPE
12.453334
debtToEquity
5.071000
earningsGrowth
0.000000
revenueGrowth
-0.150000
grossMargins
0.714490
operatingMargins
0.180950
trailingEps
0.300000
forwardEps
0.000000
Easy Trip Planners Limited's current ratio of 2.683 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Easy Trip Planners Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. Easy Trip Planners Limited's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value. With both earnings and revenue growth in low territory, EASEMYTRIP is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
Recommendation changes over time:
Recommendations trend for EASEMYTRIP
Analysts have recently shown a sell bias for Easy Trip Planners Limited, signaling a need for caution. Investors should not rely solely on this sentiment but instead consider a variety of market indicators to make more informed decisions about the stock's future prospects and potential risks.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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