Amadeus IT Group (OTCMKTS:AMADY) Sets New 1-Year High – Time to Buy?

Amadeus IT Group, S.A. (OTCMKTS:AMADY) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $85.71 and last traded at $85.16, with a volume of 25795 shares changing hands. The stock had previously closed at $85.28.

Analysts Set New Price Targets

AMADY has been the topic of several research analyst reports. Sanford C. Bernstein raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th.

Amadeus IT Group Stock Down 0.1%

The business has a 50-day moving average of $79.11 and a 200 day moving average of $75.29. The company has a market capitalization of $38.36 billion, a PE ratio of 28.77, a P/E/G ratio of 2.24 and a beta of 1.14. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Thursday, May 8th. The company reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.07). Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.71 billion. Equities research analysts predict that Amadeus IT Group, S.A. will post 2.99 earnings per share for the current year.

Amadeus IT Group Company Profile

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.