Amadeus IT Group (OTCMKTS:AMADY) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Amadeus IT Group (OTCMKTS:AMADY) posted its earnings results on Friday. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04, Zacks reports. The business had revenue of $1.91 billion during the quarter. Amadeus IT Group had a return on equity of 27.11% and a net margin of 21.08%.

Amadeus IT Group Price Performance

Shares of AMADY stock opened at $78.20 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.18 and a current ratio of 1.18. Amadeus IT Group has a fifty-two week low of $68.44 and a fifty-two week high of $85.89. The firm has a market cap of $35.23 billion, a P/E ratio of 24.14, a P/E/G ratio of 3.50 and a beta of 1.09. The business’s 50 day moving average price is $78.88 and its 200-day moving average price is $80.97.

Analyst Ratings Changes

Several research firms have recently commented on AMADY. Cantor Fitzgerald upgraded Amadeus IT Group to a “strong-buy” rating in a report on Wednesday, August 13th. Oddo Bhf lowered Amadeus IT Group to a “neutral” rating in a research report on Wednesday, September 24th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.