Amadeus IT Group (OTCMKTS:AMADY) Hits New 12-Month Low – Here’s Why

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

Analyst Ratings Changes

Several research firms recently weighed in on AMADY. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Kepler Capital Markets lowered shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Amadeus IT Group Trading Up 2.5%

The firm has a fifty day simple moving average of $59.25 and a two-hundred day simple moving average of $60.89. The firm has a market capitalization of $25.27 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 2.18 and a beta of 0.82. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.77 and a quick ratio of 0.77.

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

Amadeus IT Group Company Profile

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.