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

Amadeus IT Group (OTCMKTS:AMADY) released its earnings results on Friday. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03, Zacks reports. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations 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 Performance

Shares of Amadeus IT Group stock opened at $67.09 on Friday. The firm has a fifty day moving average of $62.62 and a two-hundred day moving average of $61.17. The stock has a market capitalization of $28.95 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 3.44 and a beta of 0.92. Amadeus IT Group has a 52 week low of $54.60 and a 52 week high of $79.08. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.74 and a current ratio of 0.74.

Analyst Upgrades and Downgrades

AMADY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised Amadeus IT Group to a “buy” rating in a research note on Wednesday, September 16th. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a research report on Sunday, August 2nd. Finally, Zacks Research cut Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 21st. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Amadeus IT Group currently has a consensus rating of “Hold”.

Amadeus IT Group Company Profile