Amadeus IT Group (OTCMKTS:AMADY) Sets New 12-Month Low – Here’s What Happened

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY)’s stock price reached a new 52-week low on Thursday . The company traded as low as $68.36 and last traded at $68.6470, with a volume of 92062 shares. The stock had previously closed at $71.84.

Wall Street Analysts Forecast Growth

AMADY has been the topic of a number of research reports. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research note on Friday. Oddo Bhf cut Amadeus IT Group to a “neutral” rating in a report on Wednesday, September 24th. Finally, Cantor Fitzgerald raised Amadeus IT Group to a “strong-buy” rating in a research note on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Amadeus IT Group Price Performance

The stock has a market cap of $32.13 billion, a price-to-earnings ratio of 22.02, a P/E/G ratio of 3.50 and a beta of 1.09. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.58. The company’s fifty day moving average is $77.77 and its two-hundred day moving average is $80.68.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly 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 analysts’ expectations of $1.88 billion. Amadeus IT Group had a return on equity of 27.11% and a net margin of 21.08%. As a group, research analysts predict that Amadeus IT Group SA Unsponsored ADR will post 2.99 earnings per share for the current year.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.