Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Down 87.6% in June

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,024 shares, a decline of 87.6% from the May 31st total of 32,420 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 205,554 shares, the short-interest ratio is currently 0.0 days.

Amadeus IT Group Stock Down 0.1%

OTCMKTS:AMADY opened at $58.95 on Friday. 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’s 50-day moving average price is $60.18 and its 200-day moving average price is $63.10. The company has a market capitalization of $26.56 billion, a PE ratio of 16.70, a P/E/G ratio of 2.37 and a beta of 0.80. Amadeus IT Group has a 1-year low of $54.75 and a 1-year high of $85.23.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings results on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Amadeus IT Group had a net margin of 20.35% and a return on equity of 28.72%. On average, equities analysts predict that Amadeus IT Group will post 3.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on AMADY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. One investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.