Sabre (SABR) Getting Somewhat Positive Media Coverage, Analysis Shows

Media coverage about Sabre (NASDAQ:SABR) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sabre earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the information technology services provider an impact score of 45.9553545044725 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Several analysts recently commented on SABR shares. TheStreet raised Sabre from a “c” rating to a “b-” rating in a report on Monday, November 27th. Cowen restated a “buy” rating and issued a $27.00 price objective on shares of Sabre in a research report on Wednesday, March 7th. Zacks Investment Research upgraded Sabre from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research report on Friday, March 2nd. Deutsche Bank lifted their target price on Sabre from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Finally, Mizuho reissued a “buy” rating and set a $25.00 price objective on shares of Sabre in a research note on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $23.78.

Sabre stock traded down $0.12 during midday trading on Thursday, hitting $21.89. The company had a trading volume of 574,018 shares, compared to its average volume of 2,610,182. 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 has a 52-week low of $17.30 and a 52-week high of $25.01. The firm has a market cap of $6,088.13, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 2.48 and a beta of 0.55.

Sabre (NASDAQ:SABR) last announced 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. Sabre had a return on equity of 53.65% and a net margin of 6.74%. The company had revenue of $881.90 million for the quarter, compared to the consensus estimate of $863.54 million. During the same period last year, the firm earned $0.27 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. sell-side analysts predict that Sabre will post 1.25 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, March 21st will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Tuesday, March 20th. Sabre’s payout ratio is currently 63.64%.

In related news, major shareholder Group Holdings (Sbs) Advis Tpg sold 8,869,643 shares of the firm’s stock in a transaction dated 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 SEC, which is available through this link. Company insiders own 1.00% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Sabre (NASDAQ:SABR)

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