Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) is projected to release its results before the market opens on Friday, November 6th. Analysts expect Amadeus IT Group to post earnings of $1.06 per share and revenue of $1.96 billion for the quarter.
Amadeus IT Group Trading Down 0.9%
Shares of OTCMKTS AMADY opened at $65.49 on Wednesday. The company has a 50-day moving average of $62.63 and a two-hundred day moving average of $61.21. Amadeus IT Group has a 1-year low of $54.60 and a 1-year high of $79.08. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.55. The company has a market cap of $28.26 billion, a PE ratio of 17.12, a P/E/G ratio of 3.39 and a beta of 0.92.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Sunday, August 2nd. Deutsche Bank Aktiengesellschaft raised shares of Amadeus IT Group to a “buy” rating in a research note on Wednesday, September 16th. Finally, Zacks Research lowered shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 21st. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Read Our Latest Stock Report on AMADY
About Amadeus IT Group
Amadeus IT Group SA is a Spain-based travel technology company that provides software, data, and transaction-processing solutions for the global travel industry. Its services support airlines, travel agencies, hotels, airports, rail operators, tour operators, and other travel businesses throughout the booking and travel lifecycle.
The company operates the Amadeus Global Distribution System, which connects travel providers with travel agencies and other sellers, enabling the search, comparison, and booking of travel products.
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