Amadeus IT Group (OTCMKTS:AMADY) Announces Earnings Results

Amadeus IT Group (OTCMKTS:AMADY) issued its earnings results on Friday. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.14, Zacks reports. Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%.

Amadeus IT Group Trading Up 2.0 %

AMADY traded up $1.44 during trading on Friday, reaching $73.50. 24,090 shares of the stock traded hands, compared to its average volume of 53,539. 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 stock’s 50-day moving average is $71.80 and its 200 day moving average is $70.93. Amadeus IT Group has a 12 month low of $58.51 and a 12 month high of $76.04. The stock has a market capitalization of $33.11 billion, a PE ratio of 24.83, a P/E/G ratio of 2.24 and a beta of 1.27.

Amadeus IT Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were given a $0.3706 dividend. The ex-dividend date was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio (DPR) is currently 24.66%.

Analyst Upgrades and Downgrades

AMADY has been the subject of several recent research reports. Sanford C. Bernstein downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th. Hsbc Global Res upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

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.