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

Amadeus IT Group (OTCMKTS:AMADY) is expected to be releasing its results before the market opens on Friday, February 27th. Analysts expect Amadeus IT Group to post earnings of $0.76 per share for the quarter.

Amadeus IT Group Price Performance

Shares of AMADY opened at $56.22 on Friday. The stock has a market cap of $25.33 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 2.20 and a beta of 0.77. Amadeus IT Group has a 1 year low of $54.75 and a 1 year high of $85.89. The stock’s 50-day moving average price is $68.74 and its two-hundred day moving average price is $75.06. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Citigroup lowered shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently 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.