During the recent session, Sabre Corp (NASDAQ:SABR)’s traded shares were 0.81 million, with the beta value of the company hitting 1.79. At the last check today, the stock’s price was $3.76, reflecting an intraday gain of 2.32% or $0.09. The 52-week high for the SABR share is $4.68, that puts it down -24.47 from that peak though still a striking 51.86% gain since the share price plummeted to a 52-week low of $1.81. The company’s market capitalization is $1.45B, and the average intraday trading volume over the past 10 days was 4.24 million shares, and the average trade volume was 3.57 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 2.78. 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 -0.09.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Sabre Corp (NASDAQ:SABR) trade information
Sabre Corp (SABR) registered a 2.32% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.32% in intraday trading to $3.76, hitting a weekly high. The stock’s 5-day price performance is -0.40%, and it has moved by 2.04% in 30 days. Based on these gigs, the overall price performance for the year is -0.13%. The short interest in Sabre Corp (NASDAQ:SABR) is 26.29 million shares and it means that shorts have 7.15 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 6.0% 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 -6.38% off the target high and -6.38% 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 21.92% during the last six months, with a year-to-date growth rate more than the industry average at 65.38% against 31.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 21.67% this quarter and then jump 416.65% in the quarter after that. In the rating firms’ projections, revenue will increase 4.20% 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 720.86M as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 832.57M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 687.05M and 782.89M respectively. In this case, analysts expect current quarter sales to grow by 4.92% and then jump by 6.35% in the coming quarter.
While earnings are projected to return 48.12% in 2024.
SABR Dividends
Sabre Corp is due to release its next quarterly earnings in December. 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 2.76% of total outstanding shares while institutional holders control 94.51%, with the float percentage being 97.19%. BLACKROCK INC. is the largest shareholder of the company, while 345.0 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.
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 Harbor Small Cap Value Fund. Data provided on Sep 30, 2024 indicates that iShares Core S&P Smallcap ETF owns about 24.5 shares. This amounts to just over 6.35 percent of the company’s overall shares, with a $92.0 million market value. The same data shows that the other fund manager holds slightly less at 12.51, or about 3.24% of the stock, which is worth about $46.97 million.
