Amadeus IT Group (AMADY) to Release Quarterly Earnings on Wednesday

Amadeus IT Group (OTCMKTS:AMADY) is expected to announce its earnings results on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.62 per share and revenue of $1.62 billion for the quarter.

Amadeus IT Group Stock Down 1.8 %

Shares of OTCMKTS:AMADY opened at $72.28 on Monday. The company has a market cap of $32.56 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 2.28 and a beta of 1.27. The firm’s 50-day simple moving average is $71.60 and its 200-day simple moving average is $70.75. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. Amadeus IT Group has a fifty-two week low of $58.51 and a fifty-two week high of $76.04.

Amadeus IT Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were issued a dividend of $0.3706 per share. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is currently 24.66%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Sanford C. Bernstein downgraded shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

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.