Amadeus IT Group (OTCMKTS:AMADY) Issues Quarterly Earnings Results

Amadeus IT Group (OTCMKTS:AMADY) issued its quarterly earnings data on Thursday. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.03, Zacks reports. Amadeus IT Group had a return on equity of 27.11% and a net margin of 21.08%.

Amadeus IT Group Stock Performance

Shares of OTCMKTS AMADY traded up $1.95 during trading hours on Friday, reaching $78.20. The stock had a trading volume of 64,597 shares, compared to its average volume of 49,355. The company has a market cap of $35.23 billion, a price-to-earnings ratio of 24.14, a PEG ratio of 3.50 and a beta of 1.09. Amadeus IT Group has a twelve month low of $68.44 and a twelve month high of $85.89. The business’s fifty day moving average is $78.99 and its two-hundred day moving average is $80.96. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.18 and a quick ratio of 1.18.

Wall Street Analysts Forecast Growth

AMADY has been the topic of a number of research analyst reports. Oddo Bhf lowered shares of Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Cantor Fitzgerald raised Amadeus IT Group to a “strong-buy” rating in a research report on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Amadeus IT Group Company Profile

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.