Sabre Corp (NASDAQ:SABR) price on current trading day, fall -1.38% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.80.
A look at the stock’s price movement, the level at last check in today’s session was $3.85, moving within a range at $3.78 and $3.92. The beta value (5-Year monthly) was 1.759. Turning to its 52-week performance, $4.68 and $1.81 were the 52-week high and 52-week low respectively. Overall, SABR moved 10.69% over the past month.
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Sabre Corp’s market cap currently stands at around $1.47 billion, with investors looking forward to this quarter’s earnings report slated for in January.
Analysts have a consensus estimate of 722.32M for the company’s revenue for the quarter, with a low and high estimate of 715M and 732.3M respectively. The average forecast suggests up to a 5.13% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.03B, representing a 4.23% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SABR is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend SABR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SABR’s current price about 1.56% and 4.76% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.87, while 7-day volatility ratio is 6.23% and 5.09% in the 30-day chart. Further, Sabre Corp (SABR) has a beta value of 1.81, and an average true range (ATR) of 0.20. Analysts have given the company’s stock an average 52-week price target of $4, forecast between a low of $4 and high of $4. Looking at the price targets, the low is -5.26% off recent price level in today’s trading while to achieve the yearly target high, it has to move -5.26%. Nonetheless, investors will most likely welcome a -5.26% jump to $4 which is the analysts’ median price.
If we refocus on Sabre Corp (NASDAQ:SABR), historical trading data shows that trading volumes averaged 4.55 over the past 10 days and 3.89 million over the past 3 months. The company’s latest data on shares outstanding shows there are 385.83 million shares.
The 6.93% of Sabre Corp’s shares are in the hands of company insiders while institutional holders own 92.30% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 26.8 million on 2024-11-15, giving us a short ratio of 6.09. The data shows that as of 2024-11-15 short interest in Sabre Corp (SABR) stood at 964.0 of shares outstanding, with shares short rising to 25.51 million registered in 2024-10-15. Current price change has pushed the stock -13.71% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SABR stock continues to rise going into the next quarter.
