Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) has received an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company.
Several brokerages have commented on AMADY. Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a report on Sunday, August 2nd. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. Finally, Kepler Capital Markets downgraded Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th.
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Amadeus IT Group Price Performance
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Amadeus IT Group had a net margin of 19.86% and a return on equity of 29.39%. Analysts anticipate that Amadeus IT Group will post 3.94 earnings per share for the current 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.
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