Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Given Average Rating of “Buy” by Brokerages

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation, two have given a buy recommendation and three have assigned a strong buy recommendation to the company.

AMADY has been the topic of a number of analyst reports. Oddo Bhf lowered Amadeus IT Group to a “neutral” rating in a research report on Wednesday, September 24th. Santander upgraded shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st.

Amadeus IT Group Price Performance

Amadeus IT Group stock opened at $73.70 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50. Amadeus IT Group has a 52-week low of $68.33 and a 52-week high of $85.89. The firm has a market cap of $33.20 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 3.23 and a beta of 0.81. The company’s 50 day moving average is $75.25 and its two-hundred day moving average is $79.47.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. On average, research analysts expect that Amadeus IT Group will post 2.99 EPS for the current fiscal 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.