Yatra Online, Inc. to Post Q3 2018 Earnings of ($0.20) Per Share, Oppenheimer Holdings Forecasts (YTRA)
Yatra Online, Inc. (NASDAQ:YTRA) – Oppenheimer Holdings upped their Q3 2018 earnings estimates for Yatra Online in a note issued to investors on Wednesday. Oppenheimer Holdings analyst J. Kelly now anticipates that the technology company will post earnings of ($0.20) per share for the quarter, up from their prior forecast of ($0.21). Oppenheimer Holdings has a “Buy” rating and a $13.00 price target on the stock. Oppenheimer Holdings also issued estimates for Yatra Online’s Q4 2018 earnings at ($0.34) EPS, FY2018 earnings at ($1.22) EPS, FY2019 earnings at ($0.79) EPS and FY2020 earnings at ($0.41) EPS.
Separately, Ladenburg Thalmann Financial Services started coverage on shares of Yatra Online in a report on Thursday, September 7th. They issued a “buy” rating and a $15.00 target price on the stock. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $14.56.
Yatra Online (NASDAQ:YTRA) traded up $0.34 during trading hours on Monday, reaching $8.95. 265,500 shares of the company were exchanged, compared to its average volume of 95,265. Yatra Online has a 1-year low of $7.71 and a 1-year high of $12.85. The company has a debt-to-equity ratio of -1.47, a quick ratio of 0.83 and a current ratio of 0.83.
Large investors have recently bought and sold shares of the stock. Ashford Capital Management Inc. lifted its position in shares of Yatra Online by 19.0% in the 2nd quarter. Ashford Capital Management Inc. now owns 71,410 shares of the technology company’s stock worth $803,000 after purchasing an additional 11,410 shares during the period. Legato Capital Management LLC acquired a new position in shares of Yatra Online in the 3rd quarter worth approximately $1,204,000. Royce & Associates LP acquired a new position in shares of Yatra Online in the 2nd quarter worth approximately $843,000. Silver Capital Management LLC acquired a new position in shares of Yatra Online in the 2nd quarter worth approximately $612,000. Finally, Symmetry Peak Management LLC acquired a new position in shares of Yatra Online during the 2nd quarter valued at $731,000. Institutional investors and hedge funds own 10.21% of the company’s stock.
About Yatra Online
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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