Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.
Several research firms recently commented on AMADY. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a report on Friday. Citigroup downgraded shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a report on Monday.
Read Our Latest Report on Amadeus IT Group
Amadeus IT Group Stock Performance
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.94 by $0.07. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.48%. Analysts forecast that Amadeus IT Group will post 4.06 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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