Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.
A number of research firms recently weighed in on AMADY. Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a report on Friday, May 8th. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th.
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Amadeus IT Group Stock Performance
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.07. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. As a group, research analysts anticipate that Amadeus IT Group will post 4.05 EPS for the current 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.
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