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

Amadeus IT Group (OTCMKTS:AMADY) is projected 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 (OTCMKTS:AMADY) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). Amadeus IT Group had a return on equity of 27.11% and a net margin of 21.08%.The business had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.88 billion. On average, analysts expect Amadeus IT Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Amadeus IT Group Stock Performance

Shares of AMADY stock opened at $76.68 on Thursday. The stock has a fifty day moving average of $79.92 and a 200 day moving average of $81.01. Amadeus IT Group has a 52 week low of $68.44 and a 52 week high of $85.89. The firm has a market capitalization of $34.54 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 3.58 and a beta of 1.13. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.58.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Oddo Bhf lowered Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Cantor Fitzgerald raised Amadeus IT Group to a “strong-buy” rating in a research note on Wednesday, August 13th. 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 company. According to data from MarketBeat.com, Amadeus IT Group currently has a consensus 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.