Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research report on Monday. Finally, Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th.

Amadeus IT Group Stock Down 0.9%

Shares of OTCMKTS:AMADY opened at $59.11 on Monday. Amadeus IT Group has a 52-week low of $54.75 and a 52-week high of $85.89. The firm has a market capitalization of $26.63 billion, a P/E ratio of 16.75, a P/E/G ratio of 2.40 and a beta of 0.77. The stock has a 50 day moving average price of $59.08 and a 200-day moving average price of $66.10. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.82 and a current ratio of 0.82.

Amadeus IT Group (OTCMKTS:AMADY) last announced its earnings results on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.07. Amadeus IT Group had a return on equity of 28.48% and a net margin of 20.35%.The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.92 billion. As a group, equities research analysts anticipate that Amadeus IT Group will post 4.06 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.