Media coverage about Sabre (NASDAQ:SABR) has been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sabre earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave press coverage about the information technology services provider an impact score of 45.0828638035275 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
A number of equities research analysts have issued reports on SABR shares. BidaskClub raised shares of Sabre from a “strong sell” rating to a “sell” rating in a report on Saturday, February 17th. Zacks Investment Research raised shares of Sabre from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Friday, March 2nd. Evercore ISI cut shares of Sabre from an “outperform” rating to an “underperform” rating in a report on Friday, January 5th. Deutsche Bank upped their price target on shares of Sabre from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Finally, Mizuho reaffirmed a “buy” rating and issued a $25.00 price target on shares of Sabre in a report on Thursday, January 25th. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $23.75.
Shares of Sabre stock traded down $0.16 during trading on Monday, hitting $20.09. The stock had a trading volume of 1,378,517 shares, compared to its average volume of 2,616,297. The stock has a market cap of $5,560.88, a P/E ratio of 15.45, a PEG ratio of 2.27 and a beta of 0.60. Sabre has a 12 month low of $17.30 and a 12 month high of $25.01. The company has a debt-to-equity ratio of 4.87, a quick ratio of 0.99 and a current ratio of 0.99.
Sabre (NASDAQ:SABR) last released its quarterly earnings results on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.10. The firm had revenue of $881.90 million for the quarter, compared to analysts’ expectations of $863.54 million. Sabre had a net margin of 6.74% and a return on equity of 53.65%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 earnings per share. sell-side analysts predict that Sabre will post 1.25 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, March 21st were given a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, March 20th. This represents a $0.56 annualized dividend and a yield of 2.79%. Sabre’s dividend payout ratio (DPR) is presently 43.08%.
In related news, major shareholder Group Holdings (Sbs) Advis Tpg sold 8,869,643 shares of the company’s stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $22.27, for a total value of $197,526,949.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by insiders.
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Sabre Company Profile
Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. It operates through two segments, Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates as 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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