Perhaps one of the most effective investment strategies is established through the sectors with the highest growth in economic activity in our country. And in this sense, there is no doubt that one of the most important, perhaps the most important, is the . To which Amadeus is closely linked. It may be one of the best options for the end of this year and with the aim of optimizing the operations we carry out in the equity markets. Beyond other technical considerations and even from the point of view of its fundamentals.
It cannot be forgotten, on the other hand, that Amadeus is one of the Spanish equities that has the best technical aspect at the moment. The minor in terms of the short and medium term, with which it is in a position to opt for the purchase of your shares to make the savings profitable from now on. Because in effect, it is one of the values that can perform the best in the coming months. Especially if the trend in financial markets is expansive from now on.
It cannot be forgotten that the tourism market in general remains very strong despite the certain slowdown that has occurred in the last six months. But even with everything, it maintains margins that are still very interesting. On the other hand, it must be considered that the values of the tourism sector in Spanish equities are not so many. And one of them is precisely Amadeus, which is also included in the selective index of the national stock market, the Ibex 35. A factor that, in any case, will have to be analyzed to make up the next portfolio of securities for the next few years.
Tourism grows 5%
Foreign tourists who visited Spain last month increased by 5% to add 7,6 million to 73,9 million who have visited us in the first 10 months. Like your spending, it has also grown exponentially. In any case, a relevant fact is that the trend started in the second quarter has been broken because it formalized it four tenths below the arrivals, despite adding 4,6% more than in the same month of 2017.
In this sense, more than 8.148 million was the expense recorded by visitors last month, according to the data revealed today by the Survey of Tourist Expenditure (Egatur) of the National Institute of Statistics. In any case, this is an increase that places the average expenditure per tourist at 1.067 euros, and represents a 0,4% annual decrease. In any case, it represents one of the most relevant activities within the Spanish economy and in this sense it would not be a bad idea to be positioned in a listed company in this important sector.
Amadeus: with high upstream potential
From this point of view, this listed company constitutes a good opportunity to buy since it offers a potential for revaluation close to 40% levels. From the 81 euros per share in which it is trading at the moment and after the recent correction suffered by the technology sector, which allows investing at really more attractive multiples. On the other hand, it has a dividend yield of 2,1%. It is true that it is not one of the most attractive returns that national equity markets provide. But in any case, it is a new incentive to take positions in this very special market value of the stock market.
Amadeus now offers really high revaluation potential based on the following arguments. On the one hand, his revenue visibility and margins in IT solutions. And on the other hand, its expansion in the hotel segment through integration in the system known as Travel Click. Nor can it be forgotten that this company will maintain high visibility of its results and strong fundamentals. To the extent that it is present in the investment portfolio of a good part of the financial agents. Being one of the candidates to enter the financial markets in a very complicated year for the equity markets.
Their revenue grew 5%
Amadeus IT Group SA achieved an adjusted profit of 886.6 million months in the first nine months of 2018. This represents a growth of 5.1%, compared to the same period last year. On the other hand, Amadeus' revenues grew 4,6% to 3.683,8 million euros, while EBITDA increased 8,6% to 1.588,0 million euros. Some data that have had the investor support by showing that their statement of accounts is in line with the expectations that the value had reached at the beginning of last year.
As in the first half of the year, in the third quarter, both our revenues and EBITDA continued to be negatively affected by the fluctuation of the exchange rate (between the US dollar and the euro itself), although to a lesser extent than in the first two quarters of the year. In the first three quarters of the year, revenues expanded by 7.7%, excluding currency effects (derived mainly from the fluctuation of the exchange rate between the US dollar and the euro in relation to last year).
Better economic margins
On the other hand, the nine-month period, the EBITDA, excluding IFRS and currency effects (caused by the fluctuation of various currencies in the period) grew at a high single-digit rate and produced a small expansion of the EBITDA margin. These data have led the company itself to stress that "we remain optimistic and we are confident that we will continue this trend of positive growth during the rest of the year." Encouraging the purchase of shares in the equity markets to remain in the period that we have been in the new year.
It is not surprising, therefore, that in the face of this general scenario presented by the company, many of the financial intermediaries have decided to recommend the purchase of their shares with an appreciation potential that moves in a range that ranges from 6% to 12%, based on the reports of the different brokers that have analyzed the financial situation of the listed company. Beyond other technical considerations and maybe even from the point of view of its fundamentals. In any case, it is one of the values that present a better technical aspect at this precise moment.
Increasing ranges in its price
According to Amadeus technical indicators, its real state is listed in the consolidation phase, since the previous rebound and with a clear upward projection. At least as far as short and medium term. Not surprisingly, the volume of contracts and the range of amplitude are increasing both in the medium and long term. In what is a very good sign to open positions from now on.
In another vein, and always referring to its technical aspect, it should be noted that at the moment, and according to its indicators, this value of the Ibex 35 is trading above its main support, which is located in the area of 62 euros per action. On the other hand, it should be noted that its price curve is developing a movement called throwback. That is, the overcoming of previous resistance and that later have become supports. With a clear bullish projection that can benefit the strategies that small and medium investors import.
It is listed at levels of 64 euros
This is the price at which its shares are developing at the moment and everything seems to indicate that it will have a bullish duration for the next few months or at least weeks. With few risks along the way as long as the 62 euro level by shares that is the critical part of the price of this company in the tourism sector. If it is this way, there will not be much to fear on the part of investors. Where, there is no doubt that there is much more to gain than lose if the supports are respected with great discipline in the strategy carried out.
For all these reasons, it is not surprising that this important value of Spanish equities is one of the five Ibex 35 stocks that have shown the greatest upward potential since the beginning of the year. In a sector that can become a refuge in the face of volatility scenarios in the equity markets. Where buying pressure can be a reference guideline for your choice as a stock exchange instrument to make your savings profitable in an efficient way and eliminating a series of risks in your operations. Therefore, it is one of the options to consider during this current year, and above some of the blue chips on the Spanish stock market. Where, there is no doubt that there is much more to gain than to lose if the supports are respected with great discipline in the strategy carried out.