Sabre Corp [NASDAQ: SABR] closed the trading session at $4.48. The company report on January 18, 2024 at 5:45 PM that Sabre and Hawaiian Airlines sign new distribution agreement that will provide NDC content to Sabre-connected agencies.
The multi-year deal will give travel agencies connected to Sabre access to both NDC and traditional EDIFACT content through the Sabre global distribution system (GDS).
Sabre Corporation (NASDAQ: SABR) and Hawaiian Airlines have signed a multi-year distribution agreement that will provide Sabre-connected agencies with long-term access to the carrier’s HA Connect™ NDC and traditional EDIFACT content through the Sabre travel marketplace.
The stocks have a year to date performance of 1.82 percent and weekly performance of 6.67 percent. The stock has been moved at 9.80 percent over the last six months. The stock has performed -0.44 percent around the most recent 30 days and changed 12.56 percent over the most recent 3-months.
If compared to the average trading volume of 4.83M shares, SABR reached to a volume of 2825784 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 $5.62 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 2.33. 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.
BofA Securities have made an estimate for Sabre Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 08, 2024.
The Average True Range (ATR) for Sabre Corp is set at 0.21, with the Price to Sales ratio for SABR stock in the period of the last 12 months amounting to 0.60.
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 6.67. With this latest performance, SABR shares dropped by -0.44% in over the last four-week period, additionally plugging by 9.80% over the last 6 months – not to mention a drop of -35.72% 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 57.79, with the RSI for the last a single of trading hit 60.47, and the three-weeks RSI is set at 56.30 for Sabre Corp [SABR]. The present Moving Average for the last 50 days of trading for this stock 4.10, while it was recorded at 4.39 for the last single week of trading, and 4.03 for the last 200 days.
Sabre Corp [SABR]: An insightful look at the core fundamentals
Sabre Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.32 and a Current Ratio set at 1.32.
Earnings per share (EPS) analysis for Sabre Corp [SABR] stock
With the latest financial reports released by the company, Sabre Corp posted -0.38/share EPS, while the average EPS was predicted by analysts to be reported at -0.31/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -22.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SABR.
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 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in SABR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in SABR stock with ownership which is approximately 5.8325%.
