Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Declines By 17.2%

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 8,200 shares, a decline of 17.2% from the April 30th total of 9,900 shares. Based on an average trading volume of 111,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Amadeus IT Group Price Performance

Shares of OTCMKTS AMADY traded up $0.48 during trading on Friday, hitting $85.28. 111,312 shares of the company were exchanged, compared to its average volume of 55,565. The company has a market cap of $38.42 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 2.24 and a beta of 1.14. Amadeus IT Group has a 1 year low of $60.39 and a 1 year high of $85.48. The firm's fifty day moving average price is $78.95 and its 200 day moving average price is $75.10. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.07). Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. The business had revenue of $1.84 billion during the quarter, compared to analysts' expectations of $1.71 billion. On average, sell-side analysts expect that Amadeus IT Group will post 2.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AMADY. Sanford C. Bernstein raised shares of Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 3rd. Morgan Stanley reaffirmed an "overweight" rating on shares of Amadeus IT Group in a report on Tuesday, March 11th.

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.