News articles about Sabre (NASDAQ:SABR) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sabre earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the information technology services provider an impact score of 45.9553545044725 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Analysts Expect Sabre Corp (SABR) Will Post Earnings of $0.40 Per Share (americanbankingnews.com)
- HotelREZ Hotels & Resorts growth powered by Sabre distribution and retailing solutions (finance.yahoo.com)
- Sabre Corporation Announces Pricing of Secondary Offering of Common Stock (prnewswire.com)
- BRIEF-Sabre Corporation Announces Sale Of Common Stock By Existing Shareholders (reuters.com)
- Sabre Corporation Announces Sale of Common Stock by Existing Shareholders (prnewswire.com)
A number of analysts have recently issued reports on the stock. Deutsche Bank raised 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. BidaskClub upgraded shares of Sabre from a “strong sell” rating to a “sell” rating in a report on Saturday, February 17th. Zacks Investment Research downgraded shares of Sabre from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Cowen restated a “buy” rating and set a $27.00 price target on shares of Sabre in a report on Wednesday, March 7th. Finally, Evercore ISI downgraded shares of Sabre from an “outperform” rating to an “underperform” rating in a report on Friday, January 5th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $23.78.
Sabre (NASDAQ:SABR) last posted its quarterly earnings data on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.10. The firm had revenue of $881.90 million during 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 firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company posted $0.27 EPS. equities analysts predict that Sabre will post 1.25 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, March 21st will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, March 20th. This represents a $0.56 annualized dividend and a yield of 2.54%. Sabre’s dividend payout ratio is presently 63.64%.
Sabre Company Profile
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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