Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Sees Large Decrease in Short Interest

Key Points

• Amadeus IT Group SA experienced a 76% decrease in short interest in September, with current short interest totaling 1,800 shares.
• The company's stock has a consensus rating of "Buy", with three analysts recommending a Strong Buy, one a Buy, and one a Hold.
• Amadeus IT Group reported $0.95 EPS for the last quarter, slightly missing analysts' expectations, and generated revenue of $1.87 billion.

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,800 shares, a drop of 76.0% from the September 15th total of 7,500 shares. Based on an average daily volume of 92,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 92,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Oddo Bhf lowered Amadeus IT Group to a "neutral" rating in a report on Wednesday, September 24th. 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, one has given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".

Amadeus IT Group Price Performance

Shares of Amadeus IT Group stock opened at $78.75 on Friday. The business has a 50 day moving average of $80.69 and a 200 day moving average of $80.65. The company has a market cap of $35.48 billion, a PE ratio of 24.30, a P/E/G ratio of 3.60 and a beta of 1.13. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.56. Amadeus IT Group has a 52 week low of $68.44 and a 52 week high of $85.89.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.95 EPS for the quarter, missing the consensus estimate 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%. As a group, equities research analysts forecast that Amadeus IT Group will post 2.99 earnings per share for the current year.

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.

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