Amadeus IT Group (AMADY) Expected to Announce Quarterly Earnings on Friday

Amadeus IT Group (OTCMKTS:AMADY) is expected to be announcing its results before the market opens on Friday, February 27th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $1.8878 billion for the quarter.

Amadeus IT Group Stock Up 3.7%

Shares of OTCMKTS AMADY opened at $58.06 on Thursday. The stock has a fifty day moving average price of $67.45 and a 200 day moving average price of $74.29. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50. Amadeus IT Group has a 12-month low of $54.75 and a 12-month high of $85.89. The company has a market cap of $26.16 billion, a P/E ratio of 17.28, a P/E/G ratio of 2.19 and a beta of 0.77.

Analyst Ratings Changes

Several equities research analysts recently commented on AMADY shares. Santander upgraded Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Citigroup downgraded shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

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.