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

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) have been assigned a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company.

A number of equities analysts have issued reports on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. 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, Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a research note on Sunday, August 2nd.

Amadeus IT Group Stock Up 0.1%

Amadeus IT Group stock opened at $65.29 on Wednesday. The company has a market capitalization of $28.18 billion, a PE ratio of 18.50, a PEG ratio of 2.70 and a beta of 0.82. Amadeus IT Group has a 12-month low of $54.60 and a 12-month high of $85.23. The firm’s fifty day moving average is $60.20 and its 200 day moving average is $59.98. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. Amadeus IT Group had a net margin of 19.86% and a return on equity of 29.39%. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.89 billion. As a group, sell-side analysts predict that Amadeus IT Group will post 3.94 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.