Amadeus IT Group: A Digital Backbone For Airlines And Hotels To Hold
Portfolio Pulse from
Amadeus IT Group reported strong Q3 earnings with 12.6% revenue growth and double-digit growth across all segments. Despite this, the stock is rated a hold due to underperformance compared to the S&P 500 and a rich valuation against peers. The stock has an 8% upside based on median EV/EBITDA multiple, with potential 22% upside next year driven by EBITDA and free cash flow growth.
November 12, 2024 | 10:30 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Amadeus IT Group reported strong Q3 earnings with 12.6% revenue growth. Despite strong performance, the stock is rated a hold due to underperformance compared to the S&P 500 and a rich valuation. The stock has an 8% upside based on median EV/EBITDA multiple, with potential 22% upside next year.
The strong earnings report suggests positive business performance, but the stock's underperformance relative to the S&P 500 and its rich valuation lead to a hold rating. The potential upside indicates some positive outlook, but not enough to warrant a buy recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100