During the last session, Sabre Corp (NASDAQ:SABR)’s traded shares were 4.51 million, with the beta value of the company hitting 1.78. At the end of the trading day, the stock’s price was $1.92, reflecting an intraday loss of -2.04% or -$0.04. The 52-week high for the SABR share is $5.76, that puts it down -200.0 from that peak though still a striking -1.56% loss since the share price plummeted to a 52-week low of $1.95. The company’s market capitalization is $728.60M, and the average intraday trading volume over the past 10 days was 6.81 million shares, and the average trade volume was 5.26 million shares over the past three months.
Sabre Corp (NASDAQ:SABR) trade information
Sabre Corp (SABR) registered a -2.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.04% in intraday trading to $1.92, hitting a weekly high. The stock’s 5-day price performance is -11.93%, and it has moved by -56.26% in 30 days. Based on these gigs, the overall price performance for the year is -54.29%. The short interest in Sabre Corp (NASDAQ:SABR) is 26.66 million shares and it means that shorts have 4.32 day(s) to cover.
Sabre Corp (SABR) estimates and forecasts
Statistics show that Sabre Corp has outperformed its competitors in share price, compared to the industry in which it operates. Sabre Corp (SABR) shares have gone down -59.41% during the last six months, with a year-to-date growth rate more than the industry average at 101.92% against 24.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 44.40% this quarter and then jump 47.10% in the quarter after that. In the rating firms’ projections, revenue will increase 4.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $751.37 million as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $756.37 million by the end of Jun 2024.
While earnings are projected to return 66.94% in 2024.
SABR Dividends
Sabre Corp is due to release its next quarterly earnings between May 02 and May 06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sabre Corp (NASDAQ:SABR)’s Major holders
Sabre Corp insiders own 1.84% of total outstanding shares while institutional holders control 90.23%, with the float percentage being 91.92%. Blackrock Inc. is the largest shareholder of the company, while 366 institutions own stock in it. As of Jun 29, 2023, the company held over 51.15 million shares (or 15.39% of all shares), a total value of $163.17 million in shares.
The next largest institutional holding, with 36.25 million shares, is of Vanguard Group Inc’s that is approximately 10.91% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $115.62 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sabre Corp (SABR) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. Data provided on Sep 29, 2023 indicates that iShares Core S&P Smallcap ETF owns about 22.44 million shares. This amounts to just over 6.75 percent of the company’s overall shares, with a $100.75 million market value. The same data shows that the other fund manager holds slightly less at 10.31 million, or about 3.10% of the stock, which is worth about $32.88 million.
