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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 14,300 shares, a decrease of 28.1% from the December 31st total of 19,900 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

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

Amadeus IT Group Stock Down 1.0 %

Amadeus IT Group stock traded down $0.70 during midday trading on Friday, hitting $72.50. 122,293 shares of the company were exchanged, compared to its average volume of 53,182. The company has a market cap of $32.66 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 2.21 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 company’s fifty day moving average price is $70.86 and its 200-day moving average price is $69.72. 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 (OTCMKTS:AMADY) last posted its earnings results on Thursday, November 7th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.04. The business had revenue of $1.70 billion for the quarter. Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. On average, research analysts predict that Amadeus IT Group will post 3 EPS for the current fiscal year.

Amadeus IT Group Cuts Dividend

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

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.