Sabre Corporation (NASDAQ:SABR) saw a downside of -0.63% to $7.05 after subtracting -$0.05 on Tuesday. The 5-day average trading volume is 4,062,326 shares of the company’s common stock. It has gained $7.22 in the past week and touched a new high 4 times within the past 5 days. An average of 4,748,841 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,976,683.
SABR’s 1-month performance is 15.82% or $1.14 on its low of $5.55 reached on 12/28/22. The company’s shares have touched a 52-week low of $4.46 and high of $12.08, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, SABR has achieved 14.89% or $0.90 and has reached a new high 6 times. However, the current price is down -41.60% from the 52-week high price.
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SABR stock investors last saw insider trading activity on Nov 22.MANDEL GAIL (Director) most recently sold 715 shares at $5.56 per share on Oct 31. This transaction cost the insider $3,975. Chief Executive Officer, MENKE SEAN E, sold 20,000 shares at a price of $8.01 on Aug 16. Then, on Aug 01, Director MANDEL GAIL sold 715 shares at a price of $6.14 per share. This transaction amounted to $4,390.
SABR stock has a beta of 1.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.94.
Sabre Corporation’s quick ratio for the period ended September 29 was 1.90, with the current ratio over the same period at 1.90. In terms of profitability, the gross margin trailing 12 months is 59.90%. The firm’s gross profit as reported stood at -$55.41 million against revenue of $1.69 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -71.01% to -$140.72 million, while revenue of -$192.73 million was -36.96% off the previous quarter. Analysts expected SABR to announce -$0.23 per share in earnings in its latest quarter, but it posted -$0.25, representing a -8.70% surprise. EBITDA for the quarter stood at more than $1.55 million. SABR stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 5.75 billion, with total debt at $4.74 billion. Shareholders hold equity totaling $328.36 million.
Let’s look briefly at Sabre Corporation (SABR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 68.53% to suggest the stock is trending Neutral, with historical volatility in this time period at 49.01%.
The stock’s 5-day moving average is $6.98, reflecting a +4.73% or $0.32 change from its current price. SABR is currently trading +19.39% above its 20-day SMA, -2.61% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +56.29% and SMA200 by-34.57%.
Stochastic %K and %D was 91.18% and 89.51% and the average true range (ATR) pointed at 0.33. The RSI (14) points at 65.13%, while the 14-day stochastic is at 88.14% with the period’s ATR at 0.35. The stock’s 9-day MACD Oscillator is pointing at 0.26 and 0.27 on the 14-day charts.
In the most recent analyst report for Sabre Corporation (NASDAQ: SABR), BofA Securities downgraded it to an Underperform rating. They previously had a Buy rating on the stock. Analysts offering their rating for SABR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SABR as a “sell,”, while 4 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.
What is SABR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $6.00 and a high of $16.00, with their median price target at $7.00. Looking at these predictions, the average price target given by analysts is for Sabre Corporation (SABR) stock is $9.04.