Streetbeat News

AMADY

Amadeus IT Group S.A.

https://amadeus.com/es/

CEO

Luis Maroto Camino

Industry

Other Computer Related Services

Open

69.04

Mkt cap

30B

Volume

High

69.93

P/E Ratio

24.20

52-wk high

75.11

Low

69.04

Div yield

0.02

52-wk low

58.51

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.

Portfolio Pulse from

November 12, 2024 | 10:30 pm

Amadeus IT Group (AMADY) has been upgraded to a Zacks Rank #2 (Buy) due to growing optimism about its earnings prospects.

Portfolio Pulse from

November 12, 2024 | 6:15 pm

Amadeus announced that CFO Till Streichert will step down in Q3 of 2024. Luis Maroto, the current CEO, will temporarily take over the CFO responsibilities in addition to his existing duties. The transition indicates a significant change in the company's financial leadership.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 3:33 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.