Amadeus IT Group (OTCMKTS:AMADY) Reaches New 12-Month High - What's Next?

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $85.12 and last traded at $85.12, with a volume of 25377 shares trading hands. The stock had previously closed at $83.28.

Analysts Set New Price Targets

Several analysts have weighed in on AMADY shares. Morgan Stanley reiterated an "overweight" rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th. Sanford C. Bernstein upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 3rd.

Amadeus IT Group Stock Up 0.8%

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 stock has a market cap of $38.20 billion, a PE ratio of 28.65, a P/E/G ratio of 2.24 and a beta of 1.14. The business has a 50 day moving average price of $78.78 and a 200 day moving average price of $75.00.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last issued 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 return on equity of 27.30% and a net margin of 20.20%. The company had revenue of $1.84 billion during the quarter, compared to analysts' expectations of $1.71 billion. Equities research analysts expect that Amadeus IT Group, S.A. will post 2.99 EPS 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.