Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Sees Significant Increase in Short Interest

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 5,100 shares, a growth of 121.7% from the August 15th total of 2,300 shares. Based on an average daily volume of 60,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 60,800 shares, the short-interest ratio is currently 0.1 days.

Amadeus IT Group Stock Down 0.2%

Shares of AMADY stock opened at $80.04 on Friday. Amadeus IT Group has a 12-month low of $68.44 and a 12-month high of $85.89. The firm has a fifty day moving average of $82.53 and a 200-day moving average of $80.52. The company has a market capitalization of $36.06 billion, a price-to-earnings ratio of 24.70, a P/E/G ratio of 3.65 and a beta of 1.13. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.56.

Amadeus IT Group (OTCMKTS:AMADY) last announced its earnings results on Thursday, July 31st. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.01). Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%.The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.88 billion. As a group, equities research analysts predict that Amadeus IT Group will post 2.99 earnings per share for the current fiscal year.

Amadeus IT Group Increases Dividend

The company also recently declared a dividend, which was paid on Monday, July 21st. Shareholders of record on Friday, July 4th were paid a $0.7645 dividend. This is an increase from Amadeus IT Group’s previous dividend of $0.37. This represents a yield of 134.0%. The ex-dividend date was Thursday, July 3rd. Amadeus IT Group’s dividend payout ratio is 47.84%.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald raised shares of Amadeus IT Group to a “strong-buy” rating in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, Amadeus IT Group presently has a consensus rating of “Strong Buy”.

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.