Short Interest in Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Increases By 75.7%

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,544 shares, an increase of 75.7% from the April 15th total of 1,448 shares. Based on an average daily trading volume, of 279,266 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AMADY shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Finally, Citigroup downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Amadeus IT Group presently has a consensus rating of “Moderate Buy”.

Amadeus IT Group Stock Performance

Shares of Amadeus IT Group stock opened at $59.11 on Monday. The company has a market cap of $26.63 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 2.38 and a beta of 0.77. Amadeus IT Group has a 52 week low of $54.75 and a 52 week high of $85.89. The business has a 50 day moving average price of $59.08 and a 200-day moving average price of $66.01. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.52.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Friday, May 8th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.94 by $0.07. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.92 billion. Amadeus IT Group had a return on equity of 28.48% and a net margin of 20.35%. Equities analysts anticipate that Amadeus IT Group will post 4.06 earnings per share for the current fiscal year.

About Amadeus IT Group

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.