Ready to Jump After Recent Trade: Sabre Corporation (SABR)

Sabre Corporation (NASDAQ: SABR) stock fell -0.80% on Tuesday to $7.44 against a previous-day closing price of $7.50. With 4.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.64 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $7.66 whereas the lowest price it dropped to was $7.35. The 52-week range on SABR shows that it touched its highest point at $12.08 and its lowest point at $4.46 during that stretch. It currently has a 1-year price target of $9.04. Beta for the stock currently stands at 1.82.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SABR was up-trending over the past week, with a rise of 9.25%, but this was up by 10.71% over a month. Three-month performance surged to 61.39% while six-month performance fell -0.67%. The stock lost -11.00% in the past year, while it has gained 20.39% so far this year. A look at the trailing 12-month EPS for SABR yields -1.50 with Next year EPS estimates of -0.21. For the next quarter, that number is -0.30. This implies an EPS growth rate of 33.80% for this year and 80.40% for next year.

Float and Shares Shorts:

At present, 328.23 million SABR shares are outstanding with a float of 324.47 million shares on hand for trading. On Oct 13, 2022, short shares totaled 43.96 million, which was 13.40% higher than short shares on Sep 14, 2022. In addition to Mr. Sean E. Menke as the firm’s CEO & Chairman, Mr. Roshan Mendis serves as its Exec. VP & Chief Commercial Officer – Travel Solutions.

Institutional Ownership:

Through their ownership of 107.65% of SABR’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 9.90% of SABR, in contrast to 63.20% held by mutual funds. Shares owned by individuals account for 34.43%. As the largest shareholder in SABR with 10.76% of the stake, BlackRock Fund Advisors holds 35,314,558 shares worth 35,314,558. A second-largest stockholder of SABR, The Vanguard Group, Inc., holds 31,676,346 shares, controlling over 9.65% of the firm’s shares. Fundsmith LLP is the third largest shareholder in SABR, holding 22,732,769 shares or 6.92% stake. With a 7.40% stake in SABR, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 24,292,939 shares are owned by the mutual fund manager. The Smithson Investment Trust Plc, which owns about 6.55% of SABR stock, is the second-largest Mutual Fund holder. It holds 21,499,016 shares valued at 132.86 million. Invesco Global Companies Fund holds 3.09% of the stake in SABR, owning 10,160,869 shares worth 62.79 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SABR since 8 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SABR analysts setting a high price target of $16.00 and a low target of $6.00, the average target price over the next 12 months is $9.04. Based on these targets, SABR could surge 115.05% to reach the target high and fall by -19.35% to reach the target low. Reaching the average price target will result in a growth of 21.51% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. SABR will report FY 2022 earnings on 02/13/2024. Analysts have provided yearly estimates in a range of -$1.03 being high and -$1.19 being low. For SABR, this leads to a yearly average estimate of -$1.07. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Sabre Corporation surprised analysts by -$0.00 when it reported -$0.25 EPS against a consensus estimate of -$0.25. The surprise factor in the prior quarter was $0.06. Based on analyst estimates, the high estimate for the next quarter is -$0.25 and the low estimate is -$0.41. The average estimate for the next quarter is thus -$0.29.

Dividends & Yield:

In terms of dividends, SABR has a dividend of $0.51 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and SABR currently yields $0.93. In the past year, SABR’s dividend yield has been $0.93, but when looking at the stock over the past five years, its yield has been $3.24. Accordingly, SABR has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $1.46 for the past five years.

Summary of Insider Activity:

Insiders traded SABR stock several times over the past three months with 2 Buys and 0 Sells. In these transactions, 100,000 shares were bought while 0 shares were sold. The number of buy transactions has increased to 34 while that of sell transactions has risen to 38 over the past year. The total number of shares bought during that period was 2,803,078 while 843,957 shares were sold.

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