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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has been given an average rating of “Moderate Buy” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

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

Amadeus IT Group Trading Up 0.4%

AMADY stock traded up $0.24 during mid-day trading on Tuesday, reaching $59.33. 7,326 shares of the stock traded hands, compared to its average volume of 199,769. Amadeus IT Group has a 52-week low of $54.75 and a 52-week high of $85.23. The stock’s fifty day moving average is $59.87 and its 200-day moving average is $62.55. The company has a market cap of $26.73 billion, a P/E ratio of 16.81, a P/E/G ratio of 2.36 and a beta of 0.82. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.07. The firm had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. As a group, sell-side analysts expect that Amadeus IT Group will post 3.93 earnings per share for the current year.

Amadeus IT Group Company Profile

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.