News articles about Sabre Corporation (NASDAQ:SABR) have trended somewhat positive recently, according to Alpha One. The research firm, a unit of Accern, identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sabre Corporation earned a media sentiment score of 0.05 on Alpha One’s scale. Alpha One also assigned news articles about the information technology services provider an impact score of 38 out of 100, meaning that recent press coverage is unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected AlphaOne Sentiment Analysis’s rankings:
- Short Interest in Kinross Gold Corporation (KGC) Decreases By 23.4% (ismboard.com)
- Sabre Corporation (SABR) Ex-Dividend Date Scheduled for June 19, 2017 – Nasdaq (nasdaq.com)
- (SABR) is down at $22.49 Sabre challenges developers to reinvent… (highlightpress.com)
- Sabre Corporation (SABR) Shares Bought by Commerzbank Aktiengesellschaft FI (campdesrecrues.com)
- Sabre challenges developers to reinvent travel at Hackathon:TTX, the biggest travel innovation game in Las Vegas (finance.yahoo.com)
Shares of Sabre Corporation (NASDAQ SABR) traded up 0.80% on Monday, reaching $22.73. The company’s stock had a trading volume of 1,641,687 shares. The company’s 50 day moving average price is $23.33 and its 200 day moving average price is $23.33. Sabre Corporation has a 12-month low of $20.09 and a 12-month high of $29.63. The company has a market cap of $6.32 billion, a P/E ratio of 30.31 and a beta of 0.71.
Sabre Corporation (NASDAQ:SABR) last posted its quarterly earnings data on Tuesday, May 2nd. The information technology services provider reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.11. The business had revenue of $915.35 million for the quarter, compared to analysts’ expectations of $897.62 million. Sabre Corporation had a return on equity of 43.18% and a net margin of 6.22%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS. Analysts forecast that Sabre Corporation will post $1.39 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, June 21st will be given a dividend of $0.14 per share. The ex-dividend date is Monday, June 19th. This represents a $0.56 annualized dividend and a yield of 2.46%. Sabre Corporation’s payout ratio is 74.67%.
Several equities research analysts recently commented on the company. TheStreet upgraded Sabre Corporation from a “c” rating to a “b-” rating in a research report on Monday, April 17th. Zacks Investment Research upgraded Sabre Corporation from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Friday, June 9th. Deutsche Bank AG upped their target price on Sabre Corporation from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, May 3rd. Morgan Stanley lowered Sabre Corporation from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $26.00 to $24.00 in a research report on Thursday, April 6th. Finally, Mizuho restated a “sell” rating and set a $25.00 target price on shares of Sabre Corporation in a research report on Wednesday, February 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $29.38.
In other Sabre Corporation news, insider Richard A. Simonson sold 142,119 shares of Sabre Corporation stock in a transaction that occurred on Thursday, April 27th. The stock was sold at an average price of $23.24, for a total transaction of $3,302,845.56. Following the sale, the insider now directly owns 333,016 shares of the company’s stock, valued at approximately $7,739,291.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Richard A. Simonson sold 12,549 shares of Sabre Corporation stock in a transaction that occurred on Monday, April 17th. The shares were sold at an average price of $22.15, for a total value of $277,960.35. Following the sale, the insider now directly owns 187,516 shares in the company, valued at $4,153,479.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 314,503 shares of company stock worth $7,405,459. Insiders own 1.00% of the company’s stock.
About Sabre Corporation
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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