Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Receives Average Rating of “Moderate Buy” from Analysts

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company.

A number of research analysts recently weighed in on AMADY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th.

Amadeus IT Group Stock Down 0.2%

Amadeus IT Group stock opened at $58.83 on Tuesday. The company has a market cap of $26.50 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 2.37 and a beta of 0.80. Amadeus IT Group has a 1-year low of $54.75 and a 1-year high of $85.23. The company has a fifty day simple moving average of $60.13 and a 200 day simple moving average of $62.96. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53.

Amadeus IT Group (OTCMKTS:AMADY) last released its earnings results on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. Research analysts anticipate that Amadeus IT Group will post 3.93 earnings per share for the current fiscal year.

Amadeus IT Group Company Profile

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.