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

Amadeus IT Group (OTCMKTS:AMADY) is anticipated 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 Up 0.8 %

AMADY opened at $72.89 on Tuesday. Amadeus IT Group has a 12 month low of $58.51 and a 12 month high of $76.04. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $32.84 billion, a P/E ratio of 24.63, a P/E/G ratio of 2.28 and a beta of 1.27. The stock’s 50 day moving average price is $71.64 and its 200 day moving average price is $70.83.

Amadeus IT Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Investors 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 is currently 24.66%.

Analyst Ratings Changes

Several analysts recently commented on AMADY shares. Sanford C. Bernstein cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Hsbc Global Res upgraded 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.