Sabre Corporation (NASDAQ:SABR) finished Thursday with a subtraction of -$0.19 to close at $5.25, a downside of -3.49 percent. An average of 5,625,180 shares of common stock have been traded in the last five days. There was a gain of $0.22 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 8,266,555 shares traded, while the 50-day average volume stands at 6,960,250.
SABR stock has increased by 28.68% in the last month. The company shares reached their 1-month lowest point of $3.65 on 08/02/23. With the stock rallying to its 52-week high on 02/03/23, shares of the company touched a low of $2.99 and a high of $7.92 in 52 weeks. It has reached a new high 8 times so far this year and lost -15.05% or -$0.93 in price. In spite of this, the price is down -33.71% 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 14 days ago on Aug 11. In this transaction, the insider spent $561,920. Executive Chair of the Board, MENKE SEAN E, disposed of 100,000 shares at a price of $5.01 on Aug 04. The insider now owns more than $500,830 worth of shares. Prior to that, Director MANDEL GAIL went on to Sale 714 shares at $4.04 each on Jul 31. An amount of $2,885 was transacted.
Valuation Metrics
Sabre Corporation (SABR) stock’s beta is 1.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.62.
Financial Health
The quick ratio of Sabre Corporation for the three months ended June 29 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Sabre Corporation’s EBITDA margin for the year ending June 29 is -0.72%, while its operating margin for the same period stands at -5.10%. Its gross profit as reported stood at $400.1 million compared to revenue of $2.54 billion.
Earnings Surprise
For the three-month period that ended June 29, Sabre Corporation had $4.8 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$129.28 million in the quarter, while revenues were shrunk -49.08%. The analyst consensus anticipated Sabre Corporation’s latest quarter earnings to come in at -$0.23 per share, but it turned out to be -$0.17, a 26.10% surprise. For the quarter, EBITDA amounted to $9.99 million. Shareholders own equity worth $332.33 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Sabre Corporation (SABR) price momentum. RSI 9-day as of the close on 24 August was 57.42%, suggesting the stock is Neutral, with historical volatility in this time frame at 49.04%.
As of today, SABR’s price is $5.25 +4.37% or $0.22 from its 5-day moving average. SABR is currently trading +34.96% higher than its 20-day SMA and +22.38% higher than its 100-day SMA. However, the stock’s current price level is +43.84% above the SMA50 and +13.88% above the SMA200.
The stochastic %K and %D were 69.12% and 70.96%, respectively, and the average true range (ATR) was 0.34. With the 14-day stochastic at 61.42% and the average true range at 0.33, the RSI (14) stands at 59.68%. The stock has reached 0.06 on the 9-day MACD Oscillator while the 14-day reading was at 0.07.
Analyst Ratings
Bernstein upgraded Sabre Corporation (NASDAQ: SABR) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Underperform. The consensus rating for Sabre Corporation (SABR) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SABR, while 5 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 1 others rate it as a “buy”.
What is SABR’s price target for the next 12 months?
Analysts predict a range of price targets between $3.50 and $10.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Sabre Corporation (SABR) stock is $5.60.
