Amadeus IT Group (OTCMKTS:AMADY) Rating Lowered to Strong Sell at Kepler Capital Markets

Amadeus IT Group (OTCMKTS:AMADY) was downgraded by research analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

AMADY has been the topic of a number of other research reports. Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Amadeus IT Group Stock Performance

Amadeus IT Group stock opened at $58.83 on Monday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53. The stock has a market cap of $26.50 billion, a PE ratio of 16.67, a P/E/G ratio of 2.37 and a beta of 0.80. Amadeus IT Group has a 12-month low of $54.75 and a 12-month high of $85.23. The business’s 50-day moving average price is $60.13 and its two-hundred day moving average price is $62.96.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Friday, May 8th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. As a group, analysts expect that Amadeus IT Group will post 3.93 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.