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 drop in short interest during 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 148,172 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMADY shares. Citigroup lowered shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Amadeus IT Group Stock Performance

OTCMKTS:AMADY opened at $59.66 on Thursday. The firm’s fifty day moving average price is $59.84 and its 200 day moving average price is $64.15. Amadeus IT Group has a 1-year low of $54.75 and a 1-year high of $85.47. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market cap of $26.88 billion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 2.37 and a beta of 0.80.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. On average, sell-side analysts expect that Amadeus IT Group will post 4.05 EPS for the current 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.