Analysts Are Recommending Sabre Corp (SABR) As A Buy Candidate

Sabre Corp (NASDAQ:SABR) has a beta value of 1.80 and has seen 0.66 million shares traded in the recent trading session. The company, currently valued at $1.47B, closed the recent trade at $3.81 per share which meant it gained $0.05 on the day or 1.20% during that session. The SABR stock price is -22.83% off its 52-week high price of $4.68 and 52.49% above the 52-week low of $1.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.42 million shares traded. The 3-month trading volume is 3.65 million shares.

The consensus among analysts is that Sabre Corp (SABR) is Buy stock at the moment, with a recommendation rating of 2.78. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.09.

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Sabre Corp (NASDAQ:SABR) trade information

Sporting 1.20% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SABR stock price touched $3.81 or saw a rise of 3.79%. Year-to-date, Sabre Corp shares have moved -13.52%, while the 5-day performance has seen it change 3.96%. Over the past 30 days, the shares of Sabre Corp (NASDAQ:SABR) have changed -5.11%. Short interest in the company has seen 26.29 million shares shorted with days to cover at 7.15.

Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 4.75% from the levels at last check today. The projected low price target is $4.0 while the price target rests at a high of $4.0. In that case, then, we find that the latest price level in today’s session is -4.99% off the targeted high while a plunge would see the stock gain -4.99% from the levels at last check today.

Sabre Corp (SABR) estimates and forecasts

Figures show that Sabre Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 28.11% over the past 6 months, with this year growth rate of 65.38%, compared to 31.50% for the industry. Revenue growth from the last financial year stood is estimated to be 4.23%.

4 analysts offering their estimates for the company have set an average revenue estimate of 722.32M for the current quarter. 3 have an estimated revenue figure of 830.95M for the next ending quarter. Year-ago sales stood 687.05M and 782.89M respectively for this quarter and the next, and analysts expect sales will grow by 5.13% for the current quarter and 4.23% for the next.

SABR Dividends

Sabre Corp is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sabre Corp (NASDAQ:SABR)’s Major holders

Insiders own 2.76% of the company shares, while shares held by institutions stand at 94.62% with a share float percentage of 97.30%. Investors are also buoyed by the number of investors in a company, with Sabre Corp having a total of 346.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 57.22 million shares worth more than $152.77 million. As of 2024-06-30, BLACKROCK INC. held 15.0659% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 41.51 million shares as of 2024-06-30. The firm’s total holdings are worth over $110.84 million and represent 10.9314% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Harbor Small Cap Value Fund. As of Sep 30, 2024, the former fund manager holds about 6.35% shares in the company for having 24.5 shares of worth $92.49 million while later fund manager owns 12.51 shares of worth $47.22 million as of Jul 31, 2024, which makes it owner of about 3.24% of company’s outstanding stock.