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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has earned a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company.

A number of research firms recently commented on AMADY. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a report on Sunday, August 2nd. Kepler Capital Markets cut shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Monday, June 29th. Finally, Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th.

Amadeus IT Group Trading Down 1.0%

Shares of AMADY stock opened at $67.08 on Wednesday. The stock has a 50-day simple moving average of $60.92 and a 200 day simple moving average of $60.02. The stock has a market capitalization of $28.95 billion, a P/E ratio of 19.00, a P/E/G ratio of 2.76 and a beta of 0.82. Amadeus IT Group has a fifty-two week low of $54.60 and a fifty-two week high of $84.74. 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 issued its quarterly earnings results 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 company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.89 billion. On average, sell-side analysts expect that Amadeus IT Group will post 3.94 earnings per share for the current fiscal year.

Amadeus IT Group Company Profile

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.