Sabre Corporation (NASDAQ:SABR) saw an upside of 2.56% to close Monday at $5.21 after adding $0.13 on the day. The 5-day average trading volume is 6,629,540 shares of the company’s common stock. It has gained $5.49 in the past week and touched a new high 1 time within the past 5 days. An average of 8,383,125 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,554,532.
SABR’s 1-month performance is 35.32% or $1.36 on its low of $3.65 reached on 08/02/23. The company’s shares have touched a 52-week low of $2.99 and high of $7.92, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, SABR has lost -15.70% or -$0.97 and has reached a new high 8 times. However, the current price is down -34.22% from the 52-week high price.
Insider Transactions
SABR stock investors last saw insider trading activity on Aug 11.MENKE SEAN E (Executive Chair of the Board) most recently sold 100,000 shares at $5.62 per share on Aug 11. This transaction cost the insider $561,920. Executive Chair of the Board, MENKE SEAN E, sold 100,000 shares at a price of $5.01 on Aug 04. Then, on Jul 31, Director MANDEL GAIL sold 714 shares at a price of $4.04 per share. This transaction amounted to $2,885.
Valuation Metrics
SABR stock has a beta of 1.72. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.62.
Sabre Corporation’s quick ratio for the period ended June 29 was 1.50, with the current ratio over the same period at 1.50. In terms of profitability, the gross margin trailing 12 months is 57.90%. The trailing 12-month EBITDA margin is -0.72% while for the period ending June 29, Sabre Corporation’s operating margin was -5.10%. The firm’s gross profit as reported stood at $400.1 million against revenue of $2.54 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -49.08% to -$129.28 million, while revenue of -$104.28 million was 19.34% off the previous quarter. Analysts expected SABR to announce -$0.23 per share in earnings in its latest quarter, but it posted -$0.17, representing a 26.10% surprise. EBITDA for the quarter stood at more than $9.99 million. SABR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.01 billion, with total debt at $4.8 billion. Shareholders hold equity totaling $332.33 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 21 August was 59.34% to suggest the stock is trending Neutral, with historical volatility in this time period at 94.40%.
The stock’s 5-day moving average is $5.18, reflecting a -5.53% or -$0.30 change from its current price. SABR is currently trading +28.96% above its 20-day SMA, +38.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +55.52% and SMA200 by-12.44%.
Stochastic %K and %D was 68.87% and 70.82% and the average true range (ATR) pointed at 0.36. The RSI (14) points at 60.98%, while the 14-day stochastic is at 73.76% with the period’s ATR at 0.34. The stock’s 9-day MACD Oscillator is pointing at -0.18 and 0.03 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Sabre Corporation (NASDAQ: SABR), Bernstein upgraded it to a Mkt perform rating. They previously had an Underperform rating on the stock.
