Is Sabre Corp (NASDAQ:SABR), -33.33% Away From High, Poised For A Strong Comeback?

In last trading session, Sabre Corp (NASDAQ:SABR) saw 3.42 million shares changing hands with its beta currently measuring 1.77. Company’s recent per share price level of $3.51 trading at $0.08 or 2.33% at ring of the bell on the day assigns it a market valuation of $1.35B. That closing price of SABR’s stock is at a discount of -33.33% from its 52-week high price of $4.68 and is indicating a premium of 48.43% from its 52-week low price of $1.81. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.65 million shares which gives us an average trading volume of 3.29 million if we extend that period to 3-months.

For Sabre Corp (SABR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.

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Sabre Corp (NASDAQ:SABR) trade information

Upright in the green during last session for gaining 2.33%, in the last five days SABR remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $3.51 price level, adding 1.4% to its value on the day. Sabre Corp’s shares saw a change of -20.23% in year-to-date performance and have moved 9.69% in past 5-day. Sabre Corp (NASDAQ:SABR) showed a performance of 4.46% in past 30-days. Number of shares sold short was 25.51 million shares which calculate 7.55 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 12.25% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -13.96% in reaching the projected high whereas dropping to the targeted low would mean a loss of -13.96% for stock’s current value.

Sabre Corp (SABR) estimates and forecasts

Statistics highlight that Sabre Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 25.36% of value to its shares in past 6 months, showing an annual growth rate of 67.31% while that of industry is 24.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 4.60% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 723.11M for the same. And 3 analysts are in estimates of company making revenue of 832.57M in the next quarter. Company posted 687.05M and 782.89M of sales in current and next quarters respectively a year earlier.

Sabre Corp (NASDAQ:SABR)’s Major holders

Insiders are in possession of 2.65% of company’s total shares while institution are holding 91.94 percent of that, with stock having share float percentage of 94.45%. Investors also watch the number of corporate investors in a company very closely, which is 91.94% institutions for Sabre Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SABR for having 57.22 million shares of worth $152.77 million. And as of 2024-06-30, it was holding 15.0659 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 41.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.9314 of outstanding shares, having a total worth of $110.84 million.