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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities research analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a report on Monday. Citigroup lowered shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a report on Friday.

Amadeus IT Group Stock Down 0.9%

Shares of OTCMKTS AMADY traded down $0.54 during trading on Monday, hitting $60.55. 121,094 shares of the company traded hands, compared to its average volume of 236,256. The business’s fifty day moving average is $59.04 and its 200 day moving average is $66.82. Amadeus IT Group has a fifty-two week low of $54.75 and a fifty-two week high of $85.89. The firm has a market capitalization of $27.28 billion, a price-to-earnings ratio of 17.15, a P/E/G ratio of 2.46 and a beta of 0.77. 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 posted its earnings results on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.48%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. Equities research analysts predict that Amadeus IT Group will post 4.06 earnings per share 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.