Sabre (SABR) Issues FY18 Earnings Guidance

Sabre (NASDAQ:SABR) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.34-1.48 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $3.685-3.765 billion, compared to the consensus revenue estimate of $3.73 billion.

Sabre (NASDAQ:SABR) opened at $19.13 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 5.29. Sabre has a twelve month low of $17.30 and a twelve month high of $25.01. The stock has a market capitalization of $5,293.07, a PE ratio of 28.55, a P/E/G ratio of 4.62 and a beta of 0.72.

A number of analysts recently commented on SABR shares. Evercore ISI lowered Sabre from an outperform rating to an underperform rating in a research report on Friday, January 5th. Zacks Investment Research upgraded Sabre from a hold rating to a buy rating and set a $23.00 price objective for the company in a research report on Tuesday, January 9th. TheStreet upgraded Sabre from a c rating to a b- rating in a research report on Monday, November 27th. Oppenheimer reiterated a buy rating and issued a $24.00 price objective on shares of Sabre in a research report on Wednesday, November 1st. Finally, Mizuho reiterated a buy rating and issued a $25.00 price objective on shares of Sabre in a research report on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $22.67.

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About Sabre

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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