Sabre Corp [NASDAQ: SABR] closed the trading session at $3.57 on 11/06/23. The day’s price range saw the stock hit a low of $3.56, while the highest price level was $4.12. The company report on November 2, 2023 at 7:55 AM that Sabre’s third quarter 2023 earnings materials available on its Investor Relations website.
Sabre Corporation (“Sabre”) (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2023. Sabre has posted its third quarter 2023 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/results.cfm. The earnings release is also available on the Securities and Exchange Commission’s website at www.sec.gov.
As previously announced, Sabre will host a live webcast of its third quarter 2023 earnings conference call today at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre’s website at investors.sabre.com.
The stocks have a year to date performance of -42.23 percent and weekly performance of 3.48 percent. The stock has been moved at -4.03 percent over the last six months. The stock has performed -7.99 percent around the most recent 30 days and changed -33.40 percent over the most recent 3-months.
If compared to the average trading volume of 5.84M shares, SABR reached to a volume of 5399185 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Sabre Corp [SABR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SABR shares is $5.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SABR stock is a recommendation set at 2.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Sabre Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on May 15, 2023.
The Average True Range (ATR) for Sabre Corp is set at 0.30, with the Price to Sales ratio for SABR stock in the period of the last 12 months amounting to 0.49.
SABR stock trade performance evaluation
Sabre Corp [SABR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.48. With this latest performance, SABR shares dropped by -7.99% in over the last four-week period, additionally sinking by -4.03% over the last 6 months – not to mention a drop of -23.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SABR stock in for the last two-week period is set at 42.88, with the RSI for the last a single of trading hit 43.29, and the three-weeks RSI is set at 42.96 for Sabre Corp [SABR]. The present Moving Average for the last 50 days of trading for this stock 4.27, while it was recorded at 3.77 for the last single week of trading, and 4.38 for the last 200 days.
Sabre Corp [SABR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Sabre Corp [SABR] shares currently have an operating margin of -8.00 and a Gross Margin at +53.27. Sabre Corp’s Net Margin is presently recorded at -17.14.
Return on Total Capital for SABR is now -4.88, given the latest momentum, and Return on Invested Capital for the company is -10.61. Additionally, SABR Total Debt to Total Capital is recorded at 122.44, with Total Debt to Total Assets ending up at 97.24.
Reflecting on the efficiency of the workforce at the company, Sabre Corp [SABR] managed to generate an average of -$58,272 per employee. Receivables Turnover for the company is 7.53 with a Total Asset Turnover recorded at a value of 0.49.Sabre Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
Sabre Corp [SABR]: Institutional Ownership
The top three institutional holders of SABR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in SABR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in SABR stock with ownership which is approximately 5.7994%.