Zacks Research Predicts Sabre’s Q3 Earnings (NASDAQ:SABR)

Sabre Corporation (NASDAQ:SABR) – Equities researchers at Zacks Research raised their Q3 2027 earnings estimates for shares of Sabre in a note issued to investors on Thursday, May 21st. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings of $0.03 per share for the quarter, up from their prior estimate of $0.02. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Sabre’s current full-year earnings is ($0.15) per share. Zacks Research also issued estimates for Sabre’s Q1 2028 earnings at $0.03 EPS.

Sabre (NASDAQ:SABR) last issued its quarterly earnings results on Thursday, May 7th. The information technology services provider reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. The company had revenue of $760.33 million during the quarter, compared to analysts’ expectations of $739.02 million.

Other equities analysts also recently issued reports about the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $2.00 price target on shares of Sabre in a report on Thursday, February 19th. Weiss Ratings raised shares of Sabre from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $1.50 price target on shares of Sabre in a report on Tuesday, March 3rd. Four research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Sabre currently has an average rating of “Reduce” and an average price target of $1.97.

Sabre Stock Performance

Shares of NASDAQ:SABR opened at $1.53 on Monday. The company’s 50-day moving average is $1.64 and its 200 day moving average is $1.50. The company has a market capitalization of $604.82 million, a P/E ratio of 1.40 and a beta of 1.01. Sabre has a fifty-two week low of $0.81 and a fifty-two week high of $3.52.

Institutional Investors Weigh In On Sabre

Several institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in Sabre by 8.5% during the first quarter. Bank of America Corp DE now owns 1,115,316 shares of the information technology services provider’s stock valued at $1,617,000 after purchasing an additional 87,499 shares during the last quarter. Discerene Group LP lifted its holdings in Sabre by 1.5% during the first quarter. Discerene Group LP now owns 39,093,531 shares of the information technology services provider’s stock valued at $56,686,000 after purchasing an additional 569,711 shares during the last quarter. Sei Investments Co. increased its position in shares of Sabre by 467.2% during the first quarter. Sei Investments Co. now owns 136,748 shares of the information technology services provider’s stock valued at $198,000 after buying an additional 112,637 shares during the period. Cetera Investment Advisers increased its position in shares of Sabre by 55.8% during the first quarter. Cetera Investment Advisers now owns 46,858 shares of the information technology services provider’s stock valued at $68,000 after buying an additional 16,776 shares during the period. Finally, Wealthspire Retirement LLC bought a new stake in shares of Sabre during the first quarter valued at about $25,000. 89.42% of the stock is owned by hedge funds and other institutional investors.

Sabre Company Profile

Sabre Corporation is a leading travel technology company that provides software, data, mobile and distribution solutions to the global travel industry. Through its Sabre travel marketplace, the company operates one of the world’s principal global distribution systems (GDS), connecting travel buyers and suppliers across airlines, hotels, car rental companies and other travel providers. Sabre’s suite of products includes reservation and ticketing systems for travel agencies, comprehensive airline operations and passenger services solutions, as well as hospitality property management and central reservation systems for hotels.

Established in 1960 as a joint venture between American Airlines and IBM, Sabre introduced one of the first computerized airline reservation systems, pioneering the automation of ticketing and inventory control.