Amadeus IT Group (OTCMKTS:AMADY) Downgraded by Kepler Capital Markets to “Strong Sell”

Kepler Capital Markets lowered shares of Amadeus IT Group (OTCMKTS:AMADYFree Report) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

Several other analysts have also issued reports on the company. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on AMADY

Amadeus IT Group Trading Down 0.2%

Shares of AMADY stock opened at $58.83 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53. The stock 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. The stock has a 50 day simple moving average of $60.13 and a 200 day simple moving average of $62.96. Amadeus IT Group has a 1 year low of $54.75 and a 1 year high of $85.23.

Amadeus IT Group (OTCMKTS:AMADYGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%. On average, research analysts predict that Amadeus IT Group will post 3.93 earnings per share for the current fiscal year.

About Amadeus IT Group

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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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Analyst Recommendations for Amadeus IT Group (OTCMKTS:AMADY)

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