Wall Street brokerages expect that Sabre Corp (NASDAQ:SABR) will announce $858.34 million in sales for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Sabre’s earnings, with the highest sales estimate coming in at $864.10 million and the lowest estimate coming in at $850.10 million. Sabre posted sales of $829.62 million in the same quarter last year, which suggests a positive year over year growth rate of 3.5%. The firm is scheduled to announce its next earnings report before the market opens on Wednesday, February 14th.

On average, analysts expect that Sabre will report full year sales of $858.34 million for the current financial year, with estimates ranging from $3.57 billion to $3.58 billion. For the next fiscal year, analysts expect that the firm will report sales of $3.71 billion per share, with estimates ranging from $3.66 billion to $3.78 billion. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Sabre.

A number of equities analysts recently commented on SABR shares. Oppenheimer reaffirmed a “buy” rating and issued a $24.00 target price on shares of Sabre in a report on Wednesday, November 1st. Zacks Investment Research raised Sabre from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. TheStreet raised Sabre from a “c” rating to a “b-” rating in a report on Monday, November 27th. Evercore ISI cut Sabre from an “outperform” rating to an “underperform” rating in a report on Friday, January 5th. Finally, Mizuho reaffirmed a “buy” rating and issued a $25.00 target price on shares of Sabre in a report on Thursday, January 25th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $22.67.

Shares of Sabre (NASDAQ:SABR) traded down $0.13 during trading on Friday, reaching $19.13. The company had a trading volume of 2,648,724 shares, compared to its average volume of 2,338,414. Sabre has a one year low of $17.30 and a one year high of $25.01. The company has a market cap of $5,097.94, a PE ratio of 28.75, a P/E/G ratio of 4.45 and a beta of 0.72. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 5.29.

A number of large investors have recently bought and sold shares of the business. Toronto Dominion Bank raised its holdings in Sabre by 2.1% during the second quarter. Toronto Dominion Bank now owns 12,444 shares of the information technology services provider’s stock valued at $272,000 after acquiring an additional 254 shares during the period. GSA Capital Partners LLP raised its holdings in Sabre by 6.9% during the second quarter. GSA Capital Partners LLP now owns 16,780 shares of the information technology services provider’s stock valued at $365,000 after acquiring an additional 1,080 shares during the period. Advisor Group Inc. raised its holdings in Sabre by 55.6% during the second quarter. Advisor Group Inc. now owns 5,681 shares of the information technology services provider’s stock valued at $121,000 after acquiring an additional 2,029 shares during the period. Verition Fund Management LLC raised its holdings in Sabre by 10.4% during the second quarter. Verition Fund Management LLC now owns 26,118 shares of the information technology services provider’s stock valued at $569,000 after acquiring an additional 2,467 shares during the period. Finally, Swiss National Bank raised its holdings in Sabre by 0.4% during the fourth quarter. Swiss National Bank now owns 769,600 shares of the information technology services provider’s stock valued at $15,777,000 after acquiring an additional 2,900 shares during the period.

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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.

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