Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) is anticipated to announce its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $1.8878 billion for the quarter.
Amadeus IT Group Price Performance
Shares of Amadeus IT Group stock opened at $55.98 on Wednesday. The company has a market capitalization of $25.22 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 2.17 and a beta of 0.77. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50. The stock’s 50-day simple moving average is $67.74 and its 200-day simple moving average is $74.41. Amadeus IT Group has a 52 week low of $54.75 and a 52 week high of $85.89.
Wall Street Analyst Weigh In
A number of research firms recently commented on AMADY. Santander raised Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Citigroup cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Amadeus IT Group has a consensus rating of “Buy”.
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.
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