Zacks Research Issues Negative Outlook for Sabre Earnings

Sabre Corporation (NASDAQ:SABRFree Report) – Stock analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of Sabre in a report issued on Monday, October 13th. Zacks Research analyst Team now forecasts that the information technology services provider will earn $0.03 per share for the quarter, down from their prior forecast of $0.07. The consensus estimate for Sabre’s current full-year earnings is $0.04 per share.

Sabre (NASDAQ:SABRGet Free Report) last issued its earnings results on Thursday, August 7th. The information technology services provider reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $687.15 million during the quarter, compared to analyst estimates of $718.16 million. During the same period in the previous year, the firm posted ($0.05) earnings per share. The firm’s quarterly revenue was down 1.1% on a year-over-year basis.

A number of other brokerages have also recently issued reports on SABR. Morgan Stanley reaffirmed a “reduce” rating on shares of Sabre in a report on Sunday, August 10th. Rothschild & Co Redburn lowered Sabre from a “buy” rating to a “neutral” rating and set a $2.40 price target on the stock. in a research report on Friday, August 15th. Redburn Atlantic lowered Sabre from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Sanford C. Bernstein upgraded Sabre from a “market perform” rating to an “outperform” rating and reduced their price target for the company from $4.00 to $3.00 in a research report on Monday, August 11th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sabre in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sabre currently has an average rating of “Hold” and an average target price of $3.80.

View Our Latest Report on SABR

Sabre Price Performance

Shares of SABR opened at $1.80 on Tuesday. Sabre has a 12-month low of $1.69 and a 12-month high of $4.63. The business has a 50-day simple moving average of $1.84 and a two-hundred day simple moving average of $2.42. The stock has a market cap of $710.12 million, a PE ratio of -1.98 and a beta of 1.52.

Institutional Investors Weigh In On Sabre

Institutional investors and hedge funds have recently made changes to their positions in the business. Blueshift Asset Management LLC bought a new stake in shares of Sabre during the 1st quarter valued at about $31,000. Triangle Securities Wealth Management bought a new stake in shares of Sabre during the 2nd quarter valued at about $33,000. Park Avenue Securities LLC bought a new stake in shares of Sabre during the 2nd quarter valued at about $34,000. 626 Financial LLC acquired a new position in Sabre during the 2nd quarter worth approximately $35,000. Finally, Bank of Nova Scotia acquired a new position in Sabre during the 1st quarter worth approximately $39,000. Institutional investors own 89.42% of the company’s stock.

Sabre Company Profile

(Get Free Report)

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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Earnings History and Estimates for Sabre (NASDAQ:SABR)

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