Sentiment for Sabre Industries Inc (NASDAQ:SABR)
Sabre Industries Inc (NASDAQ:SABR) institutional sentiment increased to 1.5 in Q4 2018. Its up 0.18, from 1.32 in 2018Q3. The ratio is positive, as 181 institutional investors increased or opened new stock positions, while 121 reduced and sold their equity positions in Sabre Industries Inc. The institutional investors in our partner’s database now own: 243.22 million shares, down from 252.43 million shares in 2018Q3. Also, the number of institutional investors holding Sabre Industries Inc in their top 10 stock positions decreased from 7 to 5 for a decrease of 2. Sold All: 30 Reduced: 91 Increased: 120 New Position: 61.
Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The company has market cap of $5.88 billion. It operates through two divisions, Travel Network, and Airline and Hospitality Solutions. It has a 17.56 P/E ratio. The Travel Network segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.
The stock decreased 0.70% or $0.15 during the last trading session, reaching $21.35. About 3.62M shares traded or 72.33% up from the average. Sabre Corporation (NASDAQ:SABR) has declined 1.72% since March 17, 2018 and is downtrending. It has underperformed by 6.09% the S&P500.
Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on May, 7. They expect $0.26 EPS, down 33.33 % or $0.13 from last year’s $0.39 per share. SABR’s profit will be $71.64 million for 20.53 P/E if the $0.26 EPS becomes a reality. After $0.33 actual EPS reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -21.21 % negative EPS growth.
M.D. Sass Investors Services Inc. holds 4.58% of its portfolio in Sabre Corporation for 1.25 million shares. Burgundy Asset Management Ltd. owns 18.28 million shares or 4.22% of their US portfolio. Moreover, Sound Shore Management Inc Ct has 3.55% invested in the company for 7.96 million shares. The California-based Causeway Capital Management Llc has invested 3.5% in the stock. Element Capital Management Llc, a New York-based fund reported 5.67 million shares.
Sabre Corporation (NASDAQ:SABR) Ratings Coverage
Ratings analysis reveals 0 of Sabre’s analysts are positive. Out of 4 Wall Street analysts rating Sabre, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $18 while the high is $27. The stock’s average target of $22.50 is 5.39% above today’s ($21.35) share price. SABR was included in 4 notes of analysts from October 31, 2018. As per Wednesday, October 31, the company rating was maintained by Morgan Stanley. The firm has “Market Perform” rating by Bernstein given on Thursday, February 14. Deutsche Bank downgraded the shares of SABR in report on Thursday, December 13 to “Hold” rating.
More notable recent Sabre Corporation (NASDAQ:SABR) news were published by: Globenewswire.com which released: “Recent Analysis Shows Sabre, 51job, Coca-Cola Bottling Co. Consolidated, RLJ Lodging Trust, Camping World, and Green Dot Market Influences â€” Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on March 07, 2019, also Nasdaq.com with their article: “Sabre (SABR) Down 7.6% Since Last Earnings Report: Can It Rebound? – Nasdaq” published on March 14, 2019, Nasdaq.com published: “SABR vs. RNG: Which Stock Is the Better Value Option? – Nasdaq” on February 13, 2019. More interesting news about Sabre Corporation (NASDAQ:SABR) were released by: Gurufocus.com and their article: “Weekly Top Insider Buys Highlight for the Week of Feb. 22 – GuruFocus.com” published on February 23, 2019 as well as Prnewswire.com‘s news article titled: “Sabre tackles the airline industry’s toughest retailing challenges from NDC to tomorrow’s storefront – PRNewswire” with publication date: March 04, 2019.