Amadeus IT Group (OTCMKTS:AMADY) Hits New 12-Month High – What’s Next?

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.89 and last traded at $81.87, with a volume of 24979 shares changing hands. The stock had previously closed at $80.99.

Wall Street Analyst Weigh In

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

Amadeus IT Group Price Performance

The stock has a 50 day moving average of $77.50 and a two-hundred day moving average of $74.05. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market capitalization of $36.88 billion, a P/E ratio of 27.66, a P/E/G ratio of 2.24 and a beta of 1.15.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.84 earnings per share 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 company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.71 billion. Sell-side analysts predict that Amadeus IT Group, S.A. will post 2.99 earnings per share for the current fiscal 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.