Sabre Corporation (NASDAQ:SABR) has a beta value of 1.63 and has seen 3,767,419 shares traded in the recent trading session. The company, currently valued at $2.2 Billion, closed the recent trade at $6.92 per share which meant it gained $0.15 on the day or 2.22% during that session. The SABR stock price is -244.8% off its 52-week high price of $23.86 and 52.31% 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 7.33 Million shares traded. The 3-month trading volume is 7.94 Million shares.
Sabre Corporation (NASDAQ:SABR) trade information
Sporting 2.22% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Sep 10 when the SABR stock price touched $7.89-1 or saw a rise of 11.72%. Year-to-date, Sabre Corporation shares have moved -68.96%, while the 5-day performance has seen it change -8.95%. Over the past 30 days, the shares of Sabre Corporation (NASDAQ:SABR) have changed -13.59%. Short interest in the company has seen 49.58 Million shares shorted with days to cover at 6.24.
Sabre Corporation (SABR) estimates and forecasts
Figures show that Sabre Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained +5.12% over the past 6 months, with this year growth rate of -327.72%, compared to -26.2% 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 -366.7% and -393.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be -62.6%.
4 analysts offering their estimates for the company have set an average revenue estimate of $279.12 Million for the current quarter. 4 have an estimated revenue figure of $440.24 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $984.2 Million and $941.42 Million respectively for this quarter and the next, and analysts expect sales will grow by -71.6% for the current quarter and -53.2% 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%.
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 25.88 Million shares worth more than $208.61 Million. As of June 29, 2020, Vanguard Group, Inc. (The) held 9.38% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 23.97 Million shares as of June 29, 2020. The firm’s total holdings are worth over $193.16 Million and represent 8.69% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF. As of June 29, 2020, the former fund manager holds about 2.85% shares in the company for having 7865012 shares of worth $63.39 Million while later fund manager owns 7.42 Million shares of worth $59.83 Million as of June 29, 2020, which makes it owner of about 2.69% of company’s outstanding stock.