During the recent session, Sabre Corp (NASDAQ:SABR)’s traded shares were 3.58 million, with the beta value of the company hitting 1.74. At the last check today, the stock’s price was $3.64, reflecting an intraday loss of -11.22% or -$0.46. The 52-week high for the SABR share is $4.68, that puts it down -28.57 from that peak though still a striking 50.27% gain since the share price plummeted to a 52-week low of $1.81. The company’s market capitalization is $1.40B, and the average intraday trading volume over the past 10 days was 3.39 million shares, and the average trade volume was 3.18 million shares over the past three months.
Sabre Corp (SABR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.40. SABR has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.
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Sabre Corp (NASDAQ:SABR) trade information
Sabre Corp (SABR) registered a -11.22% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.22% in intraday trading to $3.64, hitting a weekly high. The stock’s 5-day price performance is -1.09%, and it has moved by 4.00% in 30 days. Based on these gigs, the overall price performance for the year is 4.00%. The short interest in Sabre Corp (NASDAQ:SABR) is 25.51 million shares and it means that shorts have 7.55 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 9.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, SABR is trading at a discount of -9.89% off the target high and -9.89% off the low.
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 up 25.09% during the last six months, with a year-to-date growth rate more than the industry average at 67.31% against 25.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 50.00% this quarter and then jump 41.70% in the quarter after that. In the rating firms’ projections, revenue will increase 4.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 775.46M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 721.77M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 738.47M and 687.05M respectively. In this case, analysts expect current quarter sales to grow by 5.00% and then jump by 5.10% in the coming quarter.
While earnings are projected to return 65.66% in 2024.
SABR Dividends
Sabre Corp is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 2.98%.
Sabre Corp (NASDAQ:SABR)’s Major holders
Sabre Corp insiders own 2.65% of total outstanding shares while institutional holders control 94.63%, with the float percentage being 97.21%. BLACKROCK INC. is the largest shareholder of the company, while 326.0 institutions own stock in it. As of 2024-06-30, the company held over 57.22 million shares (or 15.0659% of all shares), a total value of $152.77 million in shares.
The next largest institutional holding, with 41.51 million shares, is of VANGUARD GROUP INC’s that is approximately 10.9314% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $110.84 million.
