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

Shares of Amadeus IT Group, S.A. (OTCMKTS:AMADY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $75.25 and last traded at $75.15, with a volume of 50787 shares. The stock had previously closed at $74.00.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMADY. Hsbc Global Res raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Sanford C. Bernstein downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

Amadeus IT Group Stock Down 0.9 %

The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $32.92 billion, a PE ratio of 24.69, a PEG ratio of 2.21 and a beta of 1.27. The company’s 50 day moving average is $71.21 and its two-hundred day moving average is $69.90.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.04. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. The firm had revenue of $1.70 billion during the quarter. On average, analysts anticipate that Amadeus IT Group, S.A. will post 3 earnings per share for the current year.

Amadeus IT Group Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were given a dividend of $0.3706 per share. The ex-dividend date was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is currently 24.66%.

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.