Amadeus IT Group (AMADY) Projected to Post Earnings on Thursday

Amadeus IT Group (OTCMKTS:AMADY) is expected to release its results before the market opens on Thursday, November 6th. Analysts expect Amadeus IT Group to post earnings of $0.95 per share for the quarter.

Amadeus IT Group Stock Down 1.1%

Shares of OTCMKTS AMADY opened at $75.48 on Wednesday. Amadeus IT Group has a 52 week low of $68.44 and a 52 week high of $85.89. The business has a 50-day simple moving average of $79.30 and a two-hundred day simple moving average of $81.02. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.58. The company has a market cap of $34.00 billion, a P/E ratio of 23.30, a P/E/G ratio of 3.50 and a beta of 1.09.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMADY. Cantor Fitzgerald upgraded Amadeus IT Group to a “strong-buy” rating in a research note on Wednesday, August 13th. Oddo Bhf downgraded Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.