Amadeus IT Group (OTCMKTS:AMADY) Sees Large Volume Increase – Should You Buy?
by Michael Walen · The Markets DailyAmadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) shares saw an uptick in trading volume on Tuesday . 115,108 shares traded hands during mid-day trading, an increase of 111% from the previous session’s volume of 54,439 shares.The stock last traded at $73.68 and had previously closed at $73.73.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Santander raised Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Oddo Bhf lowered shares of Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Three investment 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.
View Our Latest Stock Analysis on Amadeus IT Group
Amadeus IT Group Stock Down 0.1%
The business has a 50-day simple moving average of $74.40 and a 200-day simple moving average of $78.87. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $33.10 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 3.22 and a beta of 0.81.
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last released its earnings results on Friday, November 7th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.88 billion. On average, equities analysts anticipate that Amadeus IT Group SA Unsponsored ADR will post 2.99 earnings per share 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.