Amadeus IT Group (AMADY) Expected to Announce Quarterly Earnings on Wednesday

Amadeus IT Group (OTCMKTS:AMADY) will likely be releasing its earnings data on Wednesday, February 26th. Analysts expect Amadeus IT Group to post earnings of $0.63 per share and revenue of $1.62 billion for the quarter.

Amadeus IT Group Price Performance

AMADY stock opened at $74.54 on Wednesday. The firm’s fifty day moving average is $71.48 and its 200 day moving average is $70.41. 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 has a 52 week low of $58.51 and a 52 week high of $76.04. The firm has a market cap of $33.58 billion, a P/E ratio of 25.18, a P/E/G ratio of 2.24 and a beta of 1.27.

Amadeus IT Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were given 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%.

Analyst Ratings Changes

AMADY has been the topic of several recent analyst 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 raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note 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.