In today’s recent session, 1.62 million shares of the Sabre Corp (NASDAQ:SABR) have been traded, and its beta is 1.73. Most recently the company’s share price was $2.51, and it changed around $0.03 or 1.21% from the last close, which brings the market valuation of the company to $952.52M. SABR at last check was trading at a discount to its 52-week high of $5.76, offering almost -129.48% off that amount. The share price’s 52-week low was $1.81, which indicates that the recent value has risen by an impressive 27.89% since then. We note from Sabre Corp’s average daily trading volume that its 3-month average coming to 5.84 million.
Sabre Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.20. If we narrow it down even further, the data shows that 1 out of 11 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 3 recommended SABR as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Sabre Corp is expected to report earnings per share of -$0.1 for the current quarter.
Sabre Corp (NASDAQ:SABR) trade information
Instantly SABR has been showing a green trend so far today with a performance of 1.21% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -42.95% year-to-date, but still down -2.71% over the last five days. On the other hand, Sabre Corp (NASDAQ:SABR) is 8.19% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 80.69% from its current value. Analyst projections state that SABR is forecast to be at a low of $13 and a high of $13.
Sabre Corp (SABR) estimates and forecasts
Sabre Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -34.12 percent over the past six months and at a 80.77% annual growth rate that is well above the industry average of 16.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 44.40% in revenue this quarter, and will report an increase of 47.10% in the next quarter. The year-over-year growth rate is expected to be 4.40%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $751.37 million in revenue for the current quarter. 3 analysts expect Sabre Corp to make $756.37 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $742.7 million and -$ respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.20%.
