Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 32,420 shares, a drop of 73.4% from the May 14th total of 121,935 shares. Based on an average trading volume of 148,172 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

AMADY has been the subject of a number of recent analyst reports. Citigroup downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Amadeus IT Group Price Performance

Amadeus IT Group stock opened at $59.66 on Thursday. Amadeus IT Group has a 52 week low of $54.75 and a 52 week high of $85.47. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $59.84 and its 200 day simple moving average is $64.15. The firm has a market capitalization of $26.88 billion, a PE ratio of 16.90, a P/E/G ratio of 2.37 and a beta of 0.80.

Amadeus IT Group (OTCMKTS:AMADY) last released 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. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. On average, equities research analysts predict that Amadeus IT Group will post 4.05 EPS for the current fiscal year.

Amadeus IT Group Company Profile

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.