Sabre Corp (SABR) Rise 3.04% in Day Trading, Closes at $2.71

The price of Sabre Corp (NASDAQ: SABR) closed at $2.71 in the last session, up 3.04% from day before closing price of $2.63. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 3552587 shares were traded.

Ratios:

We take a closer look at SABR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on February 21, 2024, initiated with a Overweight rating and assigned the stock a target price of $5.

On January 08, 2024, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3.50 to $5.

Bernstein Upgraded its Underperform to Mkt Perform on May 15, 2023, while the target price for the stock was maintained at $3.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 09 ’24 when MENKE SEAN E sold 50,000 shares for $4.08 per share. The transaction valued at 203,760 led to the insider holds 1,517,340 shares of the business.

MANDEL GAIL sold 714 shares of SABR for $3,184 on Jan 30 ’24. The Director now owns 85,521 shares after completing the transaction at $4.46 per share. On Jan 09 ’24, another insider, MENKE SEAN E, who serves as the Executive Chair of the Board of the company, sold 50,000 shares for $4.43 each. As a result, the insider received 221,365 and left with 1,567,340 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SABR now has a Market Capitalization of 1.03B and an Enterprise Value of 5.22B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35. Its current Enterprise Value per Revenue stands at 1.80 whereas that against EBITDA is 50.68.

Stock Price History:

Over the past 52 weeks, SABR has reached a high of $5.76, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 2.8981, while the 200-Day Moving Average is calculated to be 3.8546.

Shares Statistics:

According to the various share statistics, SABR traded on average about 5.62M shares per day over the past 3-months and 6.56M shares per day over the past 10 days. A total of 379.57M shares are outstanding, with a floating share count of 355.46M. Insiders hold about 6.33% of the company’s shares, while institutions hold 87.63% stake in the company. Shares short for SABR as of Mar 28, 2024 were 29.42M with a Short Ratio of 5.15, compared to 26.66M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.75% and a Short% of Float of 10.82%.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.98.

Earnings Estimates

The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.2, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.03 and low estimates of -$0.18.

Analysts are recommending an EPS of between $0.04 and -$0.71 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is $0.3, with 6 analysts recommending between $0.37 and $0.14.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $751.37M. It ranges from a high estimate of $752.4M to a low estimate of $749.7M. As of the current estimate, Sabre Corp’s year-ago sales were $742.7M, an estimated increase of 1.20% from the year-ago figure.

A total of 8 analysts have provided revenue estimates for SABR’s current fiscal year. The highest revenue estimate was $3.18B, while the lowest revenue estimate was $2.97B, resulting in an average revenue estimate of $3.04B. In the same quarter a year ago, actual revenue was $2.91B, up 4.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $3.23B in the next fiscal year. The high estimate is $3.45B and the low estimate is $3B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.

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