Amadeus IT Group (OTCMKTS:AMADY) Posts Earnings Results, Beats Estimates By $0.03 EPS

Amadeus IT Group (OTCMKTS:AMADY) posted its quarterly earnings data on Friday. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03, Zacks reports. Amadeus IT Group had a return on equity of 29.84% and a net margin of 19.86%.

Amadeus IT Group Stock Up 0.5%

Shares of Amadeus IT Group stock traded up $0.32 during trading on Friday, reaching $67.09. 95,053 shares of the company traded hands, compared to its average volume of 66,248. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.74 and a quick ratio of 0.74. Amadeus IT Group has a 1-year low of $54.60 and a 1-year high of $79.08. The company has a 50 day moving average price of $62.62 and a 200-day moving average price of $61.17. The firm has a market capitalization of $28.95 billion, a PE ratio of 17.12, a P/E/G ratio of 3.39 and a beta of 0.92.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AMADY shares. Zacks Research lowered shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 21st. Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a report on Sunday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft raised shares of 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 issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

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.