In the last trading session, 2.94 million Sabre Corp (NASDAQ:SABR) shares changed hands as the company’s beta touched 1.79. With the company’s per share price at $3.62 changed hands at -$0.05 or -1.36% during last session, the market valuation stood at $1.40B. SABR’s last price was a discount, traded about -29.28% off its 52-week high of $4.68. The share price had its 52-week low at $1.81, which suggests the last value was 50.0% up since then. When we look at Sabre Corp’s average trading volume, we note the 10-day average is 5.74 million shares, with the 3-month average coming to 3.37 million.
Analysts gave the Sabre Corp (SABR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.67. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SABR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Sabre Corp’s EPS for the current quarter is expected to be -0.07.
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Sabre Corp (NASDAQ:SABR) trade information
Instantly SABR was in red as seen at the end of in last trading. With action 9.04%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -17.73%, with the 5-day performance at 9.04% in the green. However, in the 30-day time frame, Sabre Corp (NASDAQ:SABR) is 8.38% up. Looking at the short shares, we see there were 25.51 million shares sold at short interest cover period of 7.55 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 9.5% from its current market value. According to analyst projections, SABR’s forecast low is 4 with 4 as the target high. To hit the forecast high, the stock’s price needs a -10.5% plunge from its current level, while the stock would need to soar -10.5% for it to hit the projected low.
Sabre Corp (SABR) estimates and forecasts
Data shows that the Sabre Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 16.40% over the past 6 months, a 67.31% in annual growth rate that is considerably higher than the industry average of 25.30%. Year-over-year growth is forecast to reach 4.20% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 720.71M. 2 analysts are of the opinion that Sabre Corp’s revenue for the current quarter will be 835.91M. The company’s revenue for the corresponding quarters a year ago was 687.05M and 782.89M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.90%. The estimates for the next quarter sales put growth at 6.80%.
The 2024 estimates are for Sabre Corp earnings to increase by 48.90%.
SABR Dividends
Sabre Corp is expected to release its next quarterly earnings report in December. During the past 5 years, the average dividend yield was 2.98 per year.
Sabre Corp (NASDAQ:SABR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.65% of Sabre Corp shares while 92.37% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 94.88%. There are 92.37% institutions holding the Sabre Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.0659% of the shares, roughly 57.22 million SABR shares worth $152.77 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.9314% or 41.51 million shares worth $110.84 million as of 2024-06-30.