Amadeus IT Group (OTCMKTS:AMADY) Sets New 12-Month Low – Time to Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) reached a new 52-week low during trading on Tuesday . The company traded as low as $63.5550 and last traded at $63.78, with a volume of 12872 shares traded. The stock had previously closed at $67.81.

Analysts Set New Price Targets

Separately, Santander raised shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Amadeus IT Group Trading Down 6.0%

The firm has a market cap of $28.71 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 2.62 and a beta of 0.77. The business’s 50 day moving average price is $72.02 and its 200-day moving average price is $77.04. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88.

Amadeus IT Group (OTCMKTS:AMADY) last released its earnings results on Friday, November 7th. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a return on equity of 27.25% and a net margin of 21.10%. Equities analysts expect that Amadeus IT Group SA Unsponsored ADR will post 2.99 EPS for the current year.

About Amadeus IT Group

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.