Amadeus IT Group (OTCMKTS:AMADY) Sets New 1-Year Low – What’s Next?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $54.75 and last traded at $54.8005, with a volume of 13022 shares traded. The stock had previously closed at $55.4950.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMADY shares. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a report on Friday, May 8th. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Finally, Kepler Capital Markets downgraded shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Amadeus IT Group currently has a consensus rating of “Moderate Buy”.

Amadeus IT Group Trading Down 1.2%

The company has a market cap of $24.71 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 2.22 and a beta of 0.82. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a fifty day moving average price of $59.41 and a 200 day moving average price of $61.05.

Amadeus IT Group (OTCMKTS:AMADY) last issued its earnings results on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.92 billion. As a group, equities analysts predict that Amadeus IT Group SA Unsponsored ADR will post 3.95 EPS for the current fiscal 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.