Amadeus IT Group (OTCMKTS:AMADY) Stock Rating Lowered by Zacks Research

Amadeus IT Group (OTCMKTS:AMADY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.

A number of other equities research analysts also recently weighed in on AMADY. Kepler Capital Markets downgraded shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a research report on Sunday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft raised Amadeus IT Group to a “buy” rating in a research report on Wednesday, September 16th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Amadeus IT Group Price Performance

Shares of Amadeus IT Group stock opened at $63.66 on Wednesday. Amadeus IT Group has a twelve month low of $54.60 and a twelve month high of $79.50. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.55. The company has a 50-day simple moving average of $63.00 and a two-hundred day simple moving average of $61.04. The stock has a market capitalization of $27.47 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 3.22 and a beta of 0.92.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.03 earnings per share (EPS) 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 29.84%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.89 billion. Analysts forecast that Amadeus IT Group will post 3.87 EPS for the current year.

Amadeus IT Group Company Profile

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.