Wall Street analysts forecast that Sabre Corp (NASDAQ:SABR) will announce earnings of $0.27 per share for the current quarter, according to Zacks. Five analysts have made estimates for Sabre’s earnings, with the highest EPS estimate coming in at $0.31 and the lowest estimate coming in at $0.24. Sabre also posted earnings of $0.27 per share during the same quarter last year. The firm is expected to announce its next earnings report before the market opens on Wednesday, February 14th.
On average, analysts expect that Sabre will report full-year earnings of $1.35 per share for the current fiscal year, with EPS estimates ranging from $1.32 to $1.39. For the next financial year, analysts expect that the company will report earnings of $1.31 per share, with EPS estimates ranging from $1.26 to $1.44. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Sabre.
A number of research firms have recently issued reports on SABR. Zacks Investment Research raised Sabre from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Saturday, February 3rd. Mizuho reissued a “buy” rating and issued a $25.00 target price on shares of Sabre in a report on Thursday, January 25th. Evercore ISI lowered Sabre from an “outperform” rating to an “underperform” rating in a report on Friday, January 5th. TheStreet raised Sabre from a “c” rating to a “b-” rating in a report on Monday, November 27th. Finally, Oppenheimer reissued a “buy” rating and issued a $24.00 target price on shares of Sabre in a report on Wednesday, November 1st. Three research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. Sabre has an average rating of “Hold” and an average price target of $22.67.
Sabre (NASDAQ:SABR) traded down $0.96 during trading hours on Thursday, hitting $18.42. The stock had a trading volume of 4,631,356 shares, compared to its average volume of 2,276,591. The firm has a market capitalization of $5,279.33, a price-to-earnings ratio of 27.49, a P/E/G ratio of 4.56 and a beta of 0.72. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.89 and a current ratio of 0.89. Sabre has a 1-year low of $17.30 and a 1-year high of $25.01.
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Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.
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