Shares of Sabre Co. (NASDAQ:SABR – Get Free Report) have earned an average recommendation of “Hold” from the five analysts that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $4.00.
A number of analysts have commented on SABR shares. StockNews.com cut shares of Sabre from a “buy” rating to a “hold” rating in a research report on Friday, April 5th. Bank of America cut their target price on Sabre from $4.50 to $3.00 and set a “neutral” rating on the stock in a research report on Monday, April 15th. Mizuho decreased their target price on Sabre from $4.00 to $3.00 and set a “neutral” rating for the company in a research note on Monday, March 4th. Finally, Cantor Fitzgerald began coverage on Sabre in a research note on Wednesday, February 21st. They issued an “overweight” rating and a $5.00 price target on the stock.
Check Out Our Latest Report on SABR
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Sabre Price Performance
Sabre stock opened at $2.58 on Monday. The stock’s 50 day moving average is $2.47 and its 200 day moving average is $3.43. Sabre has a one year low of $1.81 and a one year high of $5.76. The firm has a market cap of $979.08 million, a P/E ratio of -1.78 and a beta of 1.69.
Sabre (NASDAQ:SABR – Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The information technology services provider reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.01). The business had revenue of $687.05 million for the quarter, compared to analysts’ expectations of $707.89 million. Equities analysts anticipate that Sabre will post -0.21 earnings per share for the current fiscal year.
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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