Amadeus IT Group (OTCMKTS:AMADY) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) posted its quarterly earnings data on Friday. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03, Zacks reports. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. Amadeus IT Group had a return on equity of 29.84% and a net margin of 19.86%.

Amadeus IT Group Stock Up 0.5%

AMADY stock traded up $0.32 during midday trading on Friday, hitting $67.09. The company’s stock had a trading volume of 95,053 shares, compared to its average volume of 66,248. The company’s fifty day moving average price is $62.62 and its 200 day moving average price is $61.17. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.74 and a quick ratio of 0.74. Amadeus IT Group has a twelve month low of $54.60 and a twelve month high of $79.08. The stock has a market capitalization of $28.95 billion, a P/E ratio of 19.01, a PEG ratio of 3.39 and a beta of 0.92.

Wall Street Analyst Weigh In

Several research firms have commented on AMADY. Deutsche Bank Aktiengesellschaft upgraded Amadeus IT Group to a “buy” rating in a research note on Wednesday, September 16th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Sunday, August 2nd. Finally, Zacks Research cut shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 21st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

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Earnings History for Amadeus IT Group (OTCMKTS:AMADY)

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