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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of 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 daily trading volume, of 79,000 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Sanford C. Bernstein downgraded shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Amadeus IT Group Price Performance

OTCMKTS:AMADY opened at $73.20 on Friday. The business has a 50 day simple moving average of $70.73 and a 200-day simple moving average of $69.67. Amadeus IT Group has a 1 year low of $58.51 and a 1 year high of $75.12. The firm has a market capitalization of $32.98 billion, a price-to-earnings ratio of 23.11, a PEG ratio of 2.21 and a beta of 1.27. 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 released its earnings results on Thursday, November 7th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.04. The business had revenue of $1.70 billion during the quarter. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. Equities analysts forecast that Amadeus IT Group will post 3 EPS for the current year.

Amadeus IT Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th will be given a dividend of $0.3706 per share. The ex-dividend date is Thursday, January 16th. Amadeus IT Group’s dividend payout ratio (DPR) is presently 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.