Sabre Corporation (NASDAQ:SABR) has a beta value of 1.73 and has seen 1,510,451 shares traded in the recent trading session. The company, currently valued at $2.24 Billion, closed the recent trade at $8.14 per share which meant it gained $0.1 on the day or 2.27% during that session. The SABR stock price is -212.53% off its 52-week high price of $25.44 and 59.46% above the 52-week low of $3.3. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.37 Million shares traded. The 3-month trading volume is 10.61 Million shares.
The consensus among analysts is that Sabre Corporation (SABR) is a Hold stock at the moment, with a recommendation rating of 3.1. 1 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 9 have rated it as a Hold, with 1 advising it as a Buy. 2 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.87.
Sabre Corporation (NASDAQ:SABR) trade information
Sporting 1.32% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the SABR stock price touched $8.31-3 or saw a rise of 3.43%. Year-to-date, Sabre Corporation shares have moved -64.24%, while the 5-day performance has seen it change -5.14%. Over the past 30 days, the shares of Sabre Corporation (NASDAQ:SABR) have changed 15.14%. Short interest in the company has seen 29.18 Million shares shorted with days to cover at 2.75.
Wall Street analysts have a consensus price target for the stock at $7.42, which means that the shares’ value could jump -8.85% from current levels. The projected low price target is $5 while the price target rests at a high of $11. In that case, then, we find that the current price level is +35.14% off the targeted high while a plunge would see the stock lose -38.57% from current levels.
Sabre Corporation (SABR) estimates and forecasts
Figures show that Sabre Corporation shares have underperformed across the wider relevant industry. The company’s shares have lost -65.25% over the past 6 months, with this year growth rate of -267.33%, compared to -7.9% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -462.5% and -292.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be -51.3%.
5 analysts offering their estimates for the company have set an average revenue estimate of $201.05 Million for the current quarter. 5 have an estimated revenue figure of $425.42 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $1Billion and $984.2 Million respectively for this quarter and the next, and analysts expect sales will grow by -79.9% for the current quarter and -56.8% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +8.2% over the past 5 years. Earnings growth for 2020 is a modest -47.9% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Sabre Corporation (NASDAQ:SABR)’s Major holders
Insiders own 0.52% of the company shares, while shares held by institutions stand at 93.51% with a share float percentage of 94%. Investors are also buoyed by the number of investors in a company, with Sabre Corporation having a total of 522 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 27.91 Million shares worth more than $165.52 Million. As of March 30, 2020, Vanguard Group, Inc. (The) held 10.13% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 26.1 Million shares as of March 30, 2020. The firm’s total holdings are worth over $154.78 Million and represent 9.47% of shares outstanding.