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

Amadeus IT Group (OTCMKTS:AMADY) is expected to be issuing its quarterly earnings data 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 Performance

AMADY opened at $72.89 on Tuesday. The firm has a market cap of $32.84 billion, a PE ratio of 24.63, a P/E/G ratio of 2.28 and a beta of 1.27. 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 business has a fifty day simple moving average of $71.64 and a 200-day simple moving average of $70.83. 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. Stockholders of record on Thursday, January 16th were paid a dividend of $0.3706 per share. The ex-dividend date was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is presently 24.66%.

Wall Street Analysts Forecast Growth

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

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.