Sabre (NASDAQ:SABR – Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Sabre (NASDAQ:SABR – Get Free Report) last posted its earnings results on Thursday, May 2nd. The information technology services provider reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.03. The business had revenue of $782.89 million for the quarter, compared to analysts’ expectations of $751.02 million. On average, analysts expect Sabre to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Sabre Trading Up 0.3 %
SABR stock traded up $0.01 during trading on Tuesday, hitting $3.55. 398,899 shares of the company’s stock were exchanged, compared to its average volume of 4,806,180. Sabre has a 52-week low of $1.81 and a 52-week high of $5.76. The business has a 50-day moving average price of $2.96 and a two-hundred day moving average price of $3.00. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -2.48 and a beta of 1.72.
Insider Activity
Analyst Ratings Changes
SABR has been the subject of a number of research reports. StockNews.com upgraded Sabre from a “hold” rating to a “buy” rating in a research note on Tuesday, June 18th. Bank of America reduced their price objective on Sabre from $4.50 to $3.00 and set a “neutral” rating for the company in a research note on Monday, April 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $4.13.
Get Our Latest Stock Report on SABR
Sabre Company Profile
Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.
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