Sabre (NASDAQ:SABR) updated its FY18 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.34-1.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.35. The company issued revenue guidance of $3.685-3.765 billion, compared to the consensus revenue estimate of $3.73 billion.

Several equities analysts have recently issued reports on the company. Evercore ISI lowered Sabre from an outperform rating to an underperform rating in a research report on Friday, January 5th. Mizuho restated a buy rating and set a $25.00 target price on shares of Sabre in a research report on Thursday, January 25th. Zacks Investment Research lowered Sabre from a buy rating to a hold rating in a research report on Friday, February 2nd. Oppenheimer restated a buy rating and set a $24.00 target price on shares of Sabre in a research report on Wednesday, November 1st. Finally, TheStreet upgraded Sabre from a c rating to a b- rating in a research report on Monday, November 27th. 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. Sabre has a consensus rating of Hold and a consensus target price of $22.67.

Sabre (NASDAQ SABR) opened at $19.13 on Wednesday. The company has a debt-to-equity ratio of 5.29, a current ratio of 0.89 and a quick ratio of 0.89. Sabre has a 12-month low of $17.30 and a 12-month high of $25.01. The stock has a market capitalization of $5,293.07, a P/E ratio of 28.55, a P/E/G ratio of 4.62 and a beta of 0.72.

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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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