Sabre Corp (NASDAQ:SABR) price is hovering lower on Tuesday, April 16, dropping -0.19% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.76 and 52-week low of $1.81. The stock added 30.05% on its value in the past month.
Sabre Corp, which has a market valuation of $977.19 million. Analysts tracking SABR have forecast the quarterly EPS to shrink by -0.1 per share this quarter, while the same analysts predict the annual EPS to hit -$0.23 for the year 2024 and up to $0.32 for 2025. In this case, analysts estimate an annual EPS growth of 55.80% for the year and 239.10% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $751.37 million, with the likely lows of $749.7 million and highs of $752.4 million. The average estimate suggests sales growth for the quarter will likely rise by 1.20% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $3.04 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 4.40% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give SABR a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that SABR’s price is at present 4.74% off the SMA20 and -7.00% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.11, with weekly volatility standing at 5.41%. The indicator jumps to 6.89% when calculated based on the past 30 days. Sabre Corp (NASDAQ:SABR)’s beta value is holding at 1.74, while the average true range (ATR) indicator is currently reading 0.17.
An analysis of the Sabre Corp (NASDAQ:SABR) stock in terms of its daily trading volume indicates that the 3-month average is 5.75 million.
Current records show that the company has 379.57M in outstanding shares. The insiders’ percentage holdings are 6.33% of outstanding shares while the percentage share held by institutions stands at 87.27%. But the -41.48% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
