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

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of analysts have recently weighed in on AMADY shares. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a report on Friday, May 8th. Kepler Capital Markets cut Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th.

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Amadeus IT Group Trading Up 2.5%

OTCMKTS:AMADY opened at $56.09 on Friday. The firm has a market capitalization of $25.27 billion, a P/E ratio of 15.89, a P/E/G ratio of 2.18 and a beta of 0.82. 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 company has a fifty day moving average of $59.25 and a 200 day moving average of $60.89. Amadeus IT Group has a 52 week low of $54.60 and a 52 week high of $85.23.

Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported $1.01 earnings per share (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 business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. On average, research analysts predict that Amadeus IT Group will post 3.95 earnings per share for the current year.

Amadeus IT Group Company Profile

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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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