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

Key Points

• Amadeus IT Group SA experienced a significant increase in short interest, rising by 121.7% in August, with a total of 5,100 shares shorted as of August 31st.
• Cantor Fitzgerald upgraded the stock to a "strong-buy" rating, contributing to an overall average rating of "Strong Buy" from analysts.
• The company recently increased its dividend to $0.7645 per share, a notable boost from the previous $0.37, reflecting a yield of 134.0%.

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report) saw a large growth in short interest in the month of 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 trading volume of 60,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 60,800 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald raised Amadeus IT Group to a "strong-buy" rating in a report 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's stock. According to data from MarketBeat.com, Amadeus IT Group has an average rating of "Strong Buy".

Amadeus IT Group Stock Down 0.2%

AMADY opened at $80.04 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.19 and a quick ratio of 1.19. The business has a 50 day simple moving average of $82.53 and a 200-day simple moving average of $80.46. The stock has a market capitalization of $36.06 billion, a P/E ratio of 24.70, a P/E/G ratio of 3.65 and a beta of 1.13. Amadeus IT Group has a 12 month low of $68.44 and a 12 month 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.01). The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.88 billion. Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%. On average, equities analysts anticipate that Amadeus IT Group will post 2.99 earnings per share for the current fiscal year.

Amadeus IT Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 21st. Investors of record on Friday, July 4th were issued a dividend of $0.7645 per share. This is a boost from Amadeus IT Group's previous dividend of $0.37. This represents a yield of 134.0%. The ex-dividend date of this dividend was Thursday, July 3rd. Amadeus IT Group's payout ratio is presently 47.84%.

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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