Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $77.38 and traded as high as $80.43. Amadeus IT Group shares last traded at $79.72, with a volume of 32,070 shares traded.
Wall Street Analysts Forecast Growth
AMADY has been the topic of a number of recent research reports. Sanford C. Bernstein raised Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd. Morgan Stanley restated an "overweight" rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th.
Read Our Latest Research Report on AMADY
Amadeus IT Group Stock Up 1.1%
The stock has a 50 day moving average price of $77.67 and a 200 day moving average price of $74.11. The company has a market cap of $36.88 billion, a P/E ratio of 27.66, a P/E/G ratio of 2.24 and a beta of 1.15. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85.
Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.07). Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.71 billion. Research analysts expect that Amadeus IT Group, S.A. will post 2.99 earnings per share for the current fiscal year.
About Amadeus IT Group
(
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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.
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