Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) have received an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company.
A number of equities research analysts recently issued reports on the stock. Kepler Capital Markets cut shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a report on Friday, May 8th.
Read Our Latest Stock Report on AMADY
Amadeus IT Group Stock Performance
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%. Analysts expect that Amadeus IT Group will post 3.92 EPS 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.
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