Amadeus IT Group (OTCMKTS:AMADY) Reaches New 52-Week Low – What’s Next?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $68.12 and last traded at $68.35, with a volume of 97025 shares changing hands. The stock had previously closed at $70.42.

Analysts Set New Price Targets

AMADY has been the topic of a number of recent research reports. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research report on Friday, November 21st. Oddo Bhf lowered shares of Amadeus IT Group to a “neutral” rating in a report on Wednesday, September 24th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Amadeus IT Group Price Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88. The business’s 50-day moving average price is $73.32 and its two-hundred day moving average price is $78.11. The firm has a market cap of $30.74 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 2.82 and a beta of 0.80.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.04. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. On average, research analysts forecast that Amadeus IT Group SA Unsponsored ADR will post 2.99 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.