The stock of Sabre Corporation (NASDAQ:SABR) decreased by -$0.13 on Monday to finish at $5.51, down -2.22 percent. The last five days have seen an average of 10,492,040 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$0.66. The average number of shares traded over the last 20 days was 8,031,055, while the average volume over the last 50 days totaled 7,901,022.
SABR stock appreciated 48.25% since last month. On 07/18/23, the company’s shares reached a one-month low of $3.60. The stock touched a high of $8.31 on 02/03/23, after rallying from a low of $2.99 in 52 weeks. The price of SABR stock has declined by -10.76% or -$0.66 this year, reaching a new high 8 times. Still, the stock price is down -33.59% from the 52-week high.
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Insider Transactions
SABR stock investors should be aware that Sabre Corporation (SABR) stock had its last reported insider trading activity 4 days ago on Aug 11. On Aug 11, Executive Chair of the Board MENKE SEAN E sold 100,000 shares at $5.62 each. This transaction resulted in the insider making $561,920. On Aug 09, Randolfi Michael O added 50,000 shares at a price of US$5.38. After the transaction, the insider now owns 546,526 shares. CEO and President Ekert Kurt Joseph had earlier bought 100,000 shares on Aug 08 for $5.34 a share. The transaction was completed for $534,000.
Valuation Metrics
Company paid $0.14 per share in dividends, remained unchanged from $0.14 last year.
Financial Health
For the three months ended June 29, Sabre Corporation’s quick ratio was 1.50, while its current ratio was 1.50, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 57.90% percent. Sabre Corporation’s EBITDA margin for the year ended June 29 was -0.72%, whereas its operating margin stood at -5.10% for the same period. Based on annual data, it had gross profit of $400.1 million and revenue of $2.54 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SABR’s return on assets (ROA) during the last 12 months has been -10.80%. There was a -7.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 58.40%.
Earnings Surprise
According to Sabre Corporation’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $737.53 million, while revenues rose by 10.85% to $742.7 million. It was predicted that Sabre Corporation’s quarterly earnings would be -$0.17, but it ended up being -$0.23, beating the consensus by 26.10%. EBITDA was $9.99 million for the quarter. At the end of Sabre Corporation’s most recent quarter ended June 29, its liabilities totaled 6.01 billion, while its total debt was $4.8 billion. Equity owned by shareholders amounts to $332.33 million.
Technical Picture
Here’s a quick look at Sabre Corporation’s (SABR) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 69.73%, suggesting the stock is Neutral, with a 169.95% historical volatility rate.
The stochastic %K and %D were 90.00% and 88.99% respectively, while the average true range (ATR) was 0.41. Based on the 14-day stochastic reading of 88.18%, the RSI (14) reading is 68.68%. On the 9-day MACD Oscillator, the stock is at 0.52, and the 14-day reading is at 0.88.
Analyst Ratings
In its most recent analyst report, Bernstein raised its rating on Sabre Corporation (NASDAQ: SABR) to a Mkt perform. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned Sabre Corporation (SABR) an Hold rating. SABR is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 1 other recommend it as a buy.
What is SABR’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.50 and $10.00, with a median target price of $5.00. In analyzing these forecasts, the average price target given by analysts for Sabre Corporation (SABR) is $5.60.
