Brokers Issue Forecasts for AMADEUS IT HLDG/ADR’s Q1 2019 Earnings (AMADY)

AMADEUS IT HLDG/ADR (OTCMKTS:AMADY) – Equities researchers at Imperial Capital boosted their Q1 2019 earnings per share estimates for AMADEUS IT HLDG/ADR in a research report issued to clients and investors on Monday, March 4th, according to Zacks Investment Research. Imperial Capital analyst A. Hackel now forecasts that the company will earn $0.86 per share for the quarter, up from their prior estimate of $0.84. Imperial Capital also issued estimates for AMADEUS IT HLDG/ADR’s Q2 2019 earnings at $0.82 EPS, Q3 2019 earnings at $0.79 EPS, Q4 2019 earnings at $0.63 EPS, FY2019 earnings at $3.11 EPS and FY2020 earnings at $3.33 EPS.

Several other research analysts also recently weighed in on the company. Berenberg Bank started coverage on AMADEUS IT HLDG/ADR in a report on Monday, January 14th. They issued a “buy” rating for the company. ValuEngine cut shares of AMADEUS IT HLDG/ADR from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st. Finally, Zacks Investment Research cut shares of AMADEUS IT HLDG/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, November 29th.

Shares of AMADY opened at $74.35 on Wednesday. The firm has a market capitalization of $32.46 billion, a price-to-earnings ratio of 24.78 and a beta of 0.92. AMADEUS IT HLDG/ADR has a fifty-two week low of $66.34 and a fifty-two week high of $96.00.

AMADEUS IT HLDG/ADR Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. It operates through two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services.

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