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

Amadeus IT Group (OTCMKTS:AMADY) is expected to release its earnings data on Wednesday, May 14th. Analysts expect Amadeus IT Group to post earnings of $0.91 per share and revenue of $1.71 billion for the quarter.

Amadeus IT Group Stock Performance

OTCMKTS:AMADY opened at $79.89 on Wednesday. Amadeus IT Group has a fifty-two week low of $60.39 and a fifty-two week high of $81.33. The company has a market cap of $35.99 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.24 and a beta of 1.15. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The firm’s 50 day moving average is $77.46 and its two-hundred day moving average is $73.72.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMADY. Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research report on Tuesday, March 11th.

Amadeus IT Group Company Profile

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.