Sabre Corp (NASDAQ: SABR) stock jumped 4.58% on Friday to $3.88 against a previous-day closing price of $3.71. With 5.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.47 million shares. 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 $5.17. With its current market cap of 1.47 billion, SABR has annualized dividend of $0.02 while the current yield stands at 0.52%. Beta for the stock currently stands at 1.84.
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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 15.48%, but this was up by 1.84% over a month. Three-month performance dropped to -25.53% while six-month performance rose 8.68%. The stock lost -27.88% in the past year, while it has lost -37.22% so far this year. A look at the trailing 12-month EPS for SABR yields -1.82 with Next year EPS estimates of 0.16. For the next quarter, that number is -0.14. This implies an EPS growth rate of 53.64% for this year and 130.91% for next year.
Float and Shares Shorts:
At present, 379.33 million SABR shares are outstanding with a float of 355.02 million shares on hand for trading. On Oct 30, 2023, short shares totaled 30.75 million, which was 8.10% higher than short shares on Sep 28, 2023. In addition to Mr. Sean E. Menke as the firm’s Executive Chairman of the Board, Mr. Kurt J. Ekert serves as its CEO, President & 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 9.54% of SABR, in contrast to 45.84% held by mutual funds. Shares owned by individuals account for 40.10%. As the largest shareholder in SABR with 12.32% of the stake, BlackRock Fund Advisors holds 46,747,859 shares worth 46,747,859. A second-largest stockholder of SABR, The Vanguard Group, Inc., holds 39,281,216 shares, controlling over 10.36% of the firm’s shares. Fundsmith LLP is the third largest shareholder in SABR, holding 22,552,058 shares or 5.95% stake. With a 5.89% stake in SABR, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 22,357,935 shares are owned by the mutual fund manager. The Smithson Investment Trust Plc, which owns about 5.66% of SABR stock, is the second-largest Mutual Fund holder. It holds 21,464,368 shares valued at 75.13 million. Vanguard Total Stock Market ETF holds 3.23% of the stake in SABR, owning 12,233,919 shares worth 42.82 million.
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 $9.00 and a low target of $3.50, the average target price over the next 12 months is $5.17. Based on these targets, SABR could surge 131.96% to reach the target high and fall by -9.79% to reach the target low. Reaching the average price target will result in a growth of 33.25% from current levels.
Dividends & Yield:
In terms of dividends, SABR has a current ratio of $–, which is $– over the trailing 12-months, while 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 0 Buys and 5 Sells. In these transactions, 0 shares were bought while 129,658 shares were sold. The number of buy transactions has increased to 33 while that of sell transactions has risen to 24 over the past year. The total number of shares bought during that period was 4,330,048 while 772,381 shares were sold.
