Sabre Corporation (NASDAQ:SABR) has a beta value of 2.27 and has seen 17,367,016 shares traded in the recent trading session. The company, currently valued at $4.14 Billion, closed the recent trade at $13.05 per share which meant it lost -$2.02 on the day or -13.44% during that session. The SABR stock price is -29.35% off its 52-week high price of $16.88 and 59.77% above the 52-week low of $5.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.84 Million shares traded. The 3-month trading volume is 8.56 Million shares.
The consensus among analysts is that Sabre Corporation (SABR) is a Hold stock at the moment, with a recommendation rating of 2.8. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 5 out of 6 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.54.
Sabre Corporation (NASDAQ:SABR) trade information
Despite being -13.44% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the SABR stock price touched $15.66- or saw a rise of 16.73%. Year-to-date, Sabre Corporation shares have moved 8.53%, while the 5-day performance has seen it change -15.4%. Over the past 30 days, the shares of Sabre Corporation (NASDAQ:SABR) have changed -14.52%. Short interest in the company has seen 62.5 Million shares shorted with days to cover at 7.3.
Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 22.61% from the levels at last check today. The projected low price target is $15 while the price target rests at a high of $18. In that case, then, we find that the latest price level in today’s session is +37.93% off the targeted high while a plunge would see the stock lose 14.94% from the levels at last check today.
Sabre Corporation (SABR) estimates and forecasts
Figures show that Sabre Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained +130.43% over the past 6 months, with this year growth rate of 66.98%, compared to 3.1% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -86.2% and 70% for the next quarter. Revenue growth from the last financial year stood is estimated to be +61.9%.
3 analysts offering their estimates for the company have set an average revenue estimate of $410.59 Million for the current quarter. 3 have an estimated revenue figure of $502.29 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $658.98 Million for this quarter, and analysts expect sales will grow by -37.7% for the current quarter.
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 -49.1% over the past 5 years. Earnings growth for 2021 is a modest -862.6%.
Sabre Corporation (NASDAQ:SABR)’s Major holders
Insiders own 1.16% of the company shares, while shares held by institutions stand at 110.26% with a share float percentage of 111.56%. Investors are also buoyed by the number of investors in a company, with Sabre Corporation having a total of 478 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 28.53 Million shares worth more than $342.96 Million. As of December 30, 2020, Vanguard Group, Inc. (The) held 8.99% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 26.23 Million shares as of December 30, 2020. The firm’s total holdings are worth over $315.28 Million and represent 8.27% 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 December 30, 2020, the former fund manager holds about 2.77% shares in the company for having 8805561 shares of worth $105.84 Million while later fund manager owns 8.57 Million shares of worth $126.86 Million as of March 30, 2021, which makes it owner of about 2.7% of company’s outstanding stock.