Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Down 28.1% in January

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMADY. Sanford C. Bernstein downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th. Hsbc Global Res upgraded shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

Amadeus IT Group Trading Up 0.9 %

Shares of OTCMKTS:AMADY opened at $73.20 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The company has a 50-day simple moving average of $70.73 and a 200 day simple moving average of $69.67. The company has a market capitalization of $32.98 billion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 2.21 and a beta of 1.27. Amadeus IT Group has a 52-week low of $58.51 and a 52-week high of $75.12.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.04. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. The business had revenue of $1.70 billion during the quarter. Sell-side analysts forecast that Amadeus IT Group will post 3 earnings per share for the current year.

Amadeus IT Group Cuts Dividend

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