Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Rises By 342.2%

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target 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 trading volume of 78,600 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Several research firms recently issued reports on AMADY. Sanford C. Bernstein lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Hsbc Global Res upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

Amadeus IT Group Price Performance

Shares of AMADY stock opened at $72.30 on Wednesday. The firm has a market cap of $32.57 billion, a P/E ratio of 24.43, a P/E/G ratio of 2.25 and a beta of 1.27. Amadeus IT Group has a fifty-two week low of $58.51 and a fifty-two week high of $75.12. The business’s 50 day moving average price is $70.62 and its 200-day moving average price is $69.62. 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 (OTCMKTS:AMADY) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.04. The firm had revenue of $1.70 billion for the quarter. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. On average, equities research analysts anticipate that Amadeus IT Group will post 3.01 earnings per share for the current year.

Amadeus IT Group Cuts Dividend

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

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.