Sabre (SABR) Projected to Post Earnings on Thursday

Sabre (NASDAQ:SABR - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Sabre to post earnings of $0.01 per share and revenue of $794.65 million for the quarter.

Sabre (NASDAQ:SABR - Get Free Report) last posted its earnings results on Thursday, February 20th. The information technology services provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The firm had revenue of $714.72 million for the quarter, compared to analysts' expectations of $716.60 million. On average, analysts expect Sabre to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sabre Price Performance

Shares of SABR traded down $0.13 during trading hours on Tuesday, hitting $2.40. The company's stock had a trading volume of 5,041,988 shares, compared to its average volume of 4,434,232. The business has a 50 day simple moving average of $3.00 and a two-hundred day simple moving average of $3.39. Sabre has a 52-week low of $1.93 and a 52-week high of $4.63. The company has a market cap of $926.57 million, a price-to-earnings ratio of -3.33, a PEG ratio of 2.43 and a beta of 1.39.

Analysts Set New Price Targets

A number of research firms have recently commented on SABR. Morgan Stanley cut their price objective on shares of Sabre from $5.00 to $3.50 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Cantor Fitzgerald restated a "neutral" rating and issued a $4.00 price objective on shares of Sabre in a research report on Friday, February 21st. Bank of America upgraded shares of Sabre from a "neutral" rating to a "buy" rating and raised their price objective for the company from $4.50 to $6.10 in a research report on Tuesday, March 4th. Sanford C. Bernstein upgraded shares of Sabre from an "underperform" rating to a "market perform" rating and set a $3.50 price objective for the company in a research report on Tuesday, April 1st. Finally, StockNews.com upgraded shares of Sabre from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $4.28.

Sabre Company Profile

Sabre Corporation, together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates 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.