Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Significant Increase in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 19,900 shares, an increase of 342.2% from the December 31st total of 4,500 shares. Based on an average daily volume of 78,600 shares, the days-to-cover ratio is presently 0.3 days.

Amadeus IT Group Stock Up 0.4 %

AMADY stock opened at $72.57 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Amadeus IT Group has a 1-year low of $58.51 and a 1-year high of $75.12. The stock has a market capitalization of $32.69 billion, a P/E ratio of 24.52, a P/E/G ratio of 2.25 and a beta of 1.27. The business has a fifty day moving average price of $70.67 and a 200-day moving average price of $69.65.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Thursday, November 7th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.04. Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. The business had revenue of $1.70 billion for the quarter. Equities analysts forecast that Amadeus IT Group will post 3.01 earnings per share for the current fiscal year.

Amadeus IT Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 16th will be issued a $0.3706 dividend. The ex-dividend date is Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is currently 24.66%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Sanford C. Bernstein downgraded shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

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.