28-Mar-2024
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HotelREZ and Sabre Renew Decade-Long Technology Partnership
PRNewswire (Tue, 26-Mar 8:45 AM ET)
PRNewswire (Mon, 11-Mar 8:30 AM ET)
PRNewswire (Fri, 8-Mar 8:00 AM ET)
Sabre Elects Gail Mandel to Become Chair of its Board of Directors
PRNewswire (Tue, 5-Mar 8:01 AM ET)
PRNewswire (Mon, 4-Mar 8:00 AM ET)
Sabre is first GDS to power NDC for SAP Concur and the corporate travelers it serves
PRNewswire (Wed, 28-Feb 8:30 AM ET)
Duluth Travel signs new GDS agreement with Sabre to help serve Federal Government Agencies
PRNewswire (Thu, 22-Feb 8:30 AM ET)
PRNewswire (Thu, 15-Feb 7:55 AM ET)
Riyadh Air elevates planning efficiency through strategic partnership with Sabre
PRNewswire (Mon, 12-Feb 8:30 AM ET)
Sabre Announces Changes to its Board Composition
PRNewswire (Thu, 8-Feb 7:55 AM ET)
Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2023 revenue, split between distribution (78% of segment sales) and airline IT solutions (22%) revenue. The company also has a growing hotel IT solutions division (9% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.
Sabre trades on the NASDAQ stock market under the symbol SABR.
As of March 28, 2024, SABR stock price climbed to $2.42 with 6,598,492 million shares trading.
SABR has a beta of 2.60, meaning it tends to be more sensitive to market movements. SABR has a correlation of 0.17 to the broad based SPY ETF.
SABR has a market cap of $918.34 million. This is considered a Small Cap stock.
Last quarter Sabre reported $687 million in Revenue and -$.12 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.02.
In the last 3 years, SABR stock traded as high as $16.05 and as low as $1.81.
The top ETF exchange traded funds that SABR belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
SABR has underperformed the market in the last year with a return of -36.3%, while the SPY ETF gained +33.6%. In the last 3 month period, SABR fell short of the market, returning -46.6%, while SPY returned +10.1%. However, in the most recent 2 weeks SABR has outperformed the stock market by returning +26.0%, while SPY returned +1.7%.
SABR support price is $2.28 and resistance is $2.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SABR stock will trade within this expected range on the day.