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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 5,100 shares, a growth of 121.7% from the August 15th total of 2,300 shares. Based on an average daily trading volume, of 60,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 60,800 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Cantor Fitzgerald raised Amadeus IT Group to a “strong-buy” rating in a research note on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Amadeus IT Group Trading Down 0.2%

Shares of AMADY opened at $80.04 on Monday. The business’s 50-day moving average price is $82.53 and its 200 day moving average price is $80.57. The stock has a market capitalization of $36.06 billion, a P/E ratio of 24.70, a P/E/G ratio of 3.64 and a beta of 1.13. Amadeus IT Group has a 1-year low of $68.44 and a 1-year high of $85.89. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%. Analysts expect that Amadeus IT Group will post 2.99 earnings per share for the current year.

Amadeus IT Group Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 21st. Investors of record on Friday, July 4th were paid a $0.7645 dividend. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a yield of 134.0%. This is an increase from Amadeus IT Group’s previous dividend of $0.37. Amadeus IT Group’s dividend payout ratio (DPR) is 47.84%.

About Amadeus IT Group

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.