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

Sabre Corporation (NASDAQ: SABR) stock fell -2.94% on Friday to $4.62 against a previous-day closing price of $4.76. With 7.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.65 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $4.7800 whereas the lowest price it dropped to was $4.6000. The 52-week range on SABR shows that it touched its highest point at $7.92 and its lowest point at $2.99 during that stretch. It currently has a 1-year price target of $5.70. Beta for the stock currently stands at 1.79.

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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 down-trending over the past week, with a drop of -8.15%, but this was down by -12.50% over a month. Three-month performance surged to 30.14% while six-month performance rose 14.93%. The stock lost -30.94% in the past year, while it has lost -25.24% so far this year. A look at the trailing 12-month EPS for SABR yields -1.64 with Next year EPS estimates of 0.30. For the next quarter, that number is -0.06. This implies an EPS growth rate of 52.70% for this year and 162.50% for next year.

Float and Shares Shorts:

At present, 332.15 million SABR shares are outstanding with a float of 324.54 million shares on hand for trading. On Aug 30, 2023, short shares totaled 37.05 million, which was 11.15% higher than short shares on Jul 30, 2023. In addition to Mr. Sean E. Menke as the firm’s Exec. Chairman, Mr. Kurt J. Ekert serves as its CEO, Pres & Director.

Institutional Ownership:

Through their ownership of 104.68% of SABR’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 50.43% of SABR, in contrast to 47.05% held by mutual funds. Shares owned by individuals account for 10.79%. As the largest shareholder in SABR with 14.43% of the stake, BlackRock Fund Advisors holds 47,939,706 shares worth 47,939,706. A second-largest stockholder of SABR, The Vanguard Group, Inc., holds 35,620,189 shares, controlling over 10.72% of the firm’s shares. Fundsmith LLP is the third largest shareholder in SABR, holding 22,707,687 shares or 6.83% stake. With a 7.05% stake in SABR, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 23,439,475 shares are owned by the mutual fund manager. The Smithson Investment Trust Plc, which owns about 6.46% of SABR stock, is the second-largest Mutual Fund holder. It holds 21,464,368 shares valued at 107.32 million. Vanguard Total Stock Market ETF holds 3.10% of the stake in SABR, owning 10,311,806 shares worth 51.56 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, SABR reported revenue of $657.53M and operating income of -$70.19M. The EBITDA in the recently reported quarter was -$64.72M and diluted EPS was -$0.59.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SABR since 0 analysts follow the stock currently. 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 $10.00 and a low target of $3.50, the average target price over the next 12 months is $5.60. Based on these targets, SABR could surge 116.45% to reach the target high and fall by -24.24% to reach the target low. Reaching the average price target will result in a growth of 21.21% 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.

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 5 Buys and 4 Sells. In these transactions, 175,000 shares were bought while 211,802 shares were sold. The number of buy transactions has increased to 35 while that of sell transactions has risen to 22 over the past year. The total number of shares bought during that period was 4,678,234 while 647,106 shares were sold.

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