Amadeus IT Group (OTCMKTS:AMADY) Releases Earnings Results, Beats Expectations By $0.14 EPS

Amadeus IT Group (OTCMKTS:AMADY) released its earnings results on Friday. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.14, Zacks reports. Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%.

Amadeus IT Group Stock Up 2.0 %

Amadeus IT Group stock traded up $1.44 during mid-day trading on Friday, reaching $73.50. The stock had a trading volume of 24,090 shares, compared to its average volume of 53,539. Amadeus IT Group has a one year low of $58.51 and a one year high of $76.04. The company has a 50-day moving average price of $71.80 and a two-hundred day moving average price of $70.93. The company has a market capitalization of $33.11 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85.

Amadeus IT Group Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were given a $0.3706 dividend. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is presently 24.66%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMADY shares. Sanford C. Bernstein cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th. Hsbc Global Res upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.