Sabre Corp (NASDAQ: SABR): Get Ready For The Next Few Months

In today’s recent session, 0.39 million shares of the Sabre Corp (NASDAQ:SABR) have been traded, and its beta is 1.81. Most recently the company’s share price was $3.88, and it changed around -$0.04 or -1.15% from the last close, which brings the market valuation of the company to $1.50B. SABR at last check was trading at a discount to its 52-week high of $4.68, offering almost -20.62% off that amount. The share price’s 52-week low was $1.81, which indicates that the recent value has risen by an impressive 53.35% since then. We note from Sabre Corp’s average daily trading volume that its 10-day average is 4.15 million shares, with the 3-month average coming to 3.94 million.

Sabre Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.78. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended SABR as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Sabre Corp is expected to report earnings per share of -0.09 for the current quarter.

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Sabre Corp (NASDAQ:SABR) trade information

Instantly SABR has been showing red trend so far today with a performance of -1.15% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.02 on recent trading dayincreased the stock’s daily price by 3.48%. The company’s shares are currently down -11.93% year-to-date, but still up 0.91% over the last five days. On the other hand, Sabre Corp (NASDAQ:SABR) is 5.59% up in the 30-day period. We can see from the shorts that 27.46 million shares have been sold at a short interest cover period of 5.71 day(s).

The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 3.0% from its current value. Analyst projections state that SABR is forecast to be at a low of $4 and a high of $4.

Sabre Corp (SABR) estimates and forecasts

Sabre Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 31.80 percent over the past six months and at a 65.38% annual growth rate that is well above the industry average of 31.50%. The year-over-year growth rate is expected to be 4.23%, up from the previous year.

Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 722.32M in revenue for the current quarter. 3 analysts expect Sabre Corp to make 830.95M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 687.05M and 782.89M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.13%. Forecasts for the next quarter put sales growth at 6.14%.

SABR Dividends

Sabre Corp’s next quarterly earnings report is expected to be released in January. The average dividend yield for the past five years averaged 2.98 per year.

Sabre Corp (NASDAQ:SABR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.76% of Sabre Corp shares, and 94.69% of them are in the hands of institutional investors. The stock currently has a share float of 97.38%. Sabre Corp stock is held by 347.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 15.0659% of the shares, which is about 57.22 million shares worth $152.77 million.

VANGUARD GROUP INC, with 10.9314% or 41.51 million shares worth $110.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

iShares Core S&P Smallcap ETF and Harbor Small Cap Value Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 24.6 shares worth $95.81 million, making up 6.38% of all outstanding shares. On the other hand, Harbor Small Cap Value Fund held roughly 12.51 shares worth around $48.72 million, which represents about 3.24% of the total shares outstanding.