Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently issued reports on AMADY. Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Finally, Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th.

Amadeus IT Group Stock Up 2.6%

Shares of AMADY opened at $62.71 on Friday. The company has a market cap of $28.25 billion, a PE ratio of 17.76, a P/E/G ratio of 2.41 and a beta of 0.80. The business has a fifty day moving average of $59.55 and a 200 day moving average of $64.47. Amadeus IT Group has a 52-week low of $54.75 and a 52-week high of $85.89. The company has a quick ratio of 0.82, a current ratio of 0.77 and a debt-to-equity ratio of 0.53.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings results on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 28.72% and a net margin of 20.35%. On average, sell-side analysts expect that Amadeus IT Group will post 4.05 EPS for the current year.

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.