Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.
Several analysts have recently weighed in on the company. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. Finally, Kepler Capital Markets cut Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th.
View Our Latest Analysis on AMADY
Amadeus IT Group Trading Up 4.2%
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. On average, sell-side analysts expect that Amadeus IT Group will post 3.95 earnings per share 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.
Featured Stories
- Five stocks we like better than Amadeus IT Group
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Amadeus IT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amadeus IT Group and related companies with MarketBeat.com's FREE daily email newsletter.
