Sabre Corp (NASDAQ:SABR) has a beta value of 1.33 and has seen 0.68 million shares traded in the recent trading session. The company, currently valued at $1.24B, closed the recent trade at $3.22 per share which meant it lost -$0.13 on the day or -3.88% during that session. The SABR stock price is -43.79% off its 52-week high price of $4.63 and 43.79% 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 5.0 million shares traded. The 3-month trading volume is 4.30 million shares.
The consensus among analysts is that Sabre Corp (SABR) is Buy stock at the moment, with a recommendation rating of 2.40. 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 0.02.
Sabre Corp (NASDAQ:SABR) trade information
Sporting -3.88% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SABR stock price touched $3.22 or saw a rise of 23.7%. Year-to-date, Sabre Corp shares have moved -11.78%, while the 5-day performance has seen it change -22.60%. Over the past 30 days, the shares of Sabre Corp (NASDAQ:SABR) have changed -6.94%. Short interest in the company has seen 17.4 million shares shorted with days to cover at 4.11.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 19.5% 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 -24.22% off the targeted high while a plunge would see the stock gain -24.22% from the levels at last check today.
Sabre Corp (SABR) estimates and forecasts
The company’s shares have gained 13.38% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 7.66%.
4 analysts offering their estimates for the company have set an average revenue estimate of 798.25M for the current quarter. 4 have an estimated revenue figure of 819.16M for the next ending quarter. Year-ago sales stood 782.89M and 767.24M respectively for this quarter and the next, and analysts expect sales will grow by 1.96% for the current quarter and 7.66% for the next.
SABR Dividends
Sabre Corp is expected to release its next earnings report on 2025-Feb-19 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 97.75% with a share float percentage of 100.53%. Investors are also buoyed by the number of investors in a company, with Sabre Corp having a total of 325.0 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 Dec 31, 2024, the former fund manager holds about 6.45% shares in the company for having 24.91 shares of worth $80.2 million while later fund manager owns 11.95 shares of worth $38.49 million as of Oct 31, 2024, which makes it owner of about 3.10% of company’s outstanding stock.
