SABR - Sabre Corporation

NasdaqGS - NasdaqGS Real-time price. Currency in USD
7.75
-0.36 (-4.44%)
As of 2:17PM EDT. Market open.
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Previous close8.11
Open8.25
Bid7.78 x 800
Ask7.79 x 2900
Day's range7.73 - 8.05
52-week range3.30 - 25.44
Volume3,141,902
Avg. volume10,643,437
Market cap2.135B
Beta (5Y monthly)1.74
PE ratio (TTM)N/A
EPS (TTM)-0.41
Earnings date30 Jul 2020 - 03 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date19 Mar 2020
1y target est7.42
  • Yelp (YELP) Rallies 16% on Faster Economic Recovery Hopes
    Zacks

    Yelp (YELP) Rallies 16% on Faster Economic Recovery Hopes

    Reopening of economic activities, along with a strong job data released by the labor department, raises investors' hopes for a faster-than-expected recovery in Yelp's (YELP) business.

  • Why Is Sabre (SABR) Up 54.9% Since Last Earnings Report?
    Zacks

    Why Is Sabre (SABR) Up 54.9% Since Last Earnings Report?

    Sabre (SABR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why Shares of Howmet Aerospace, Allegheny Technologies, and Sabre All Soared Today
    Motley Fool

    Why Shares of Howmet Aerospace, Allegheny Technologies, and Sabre All Soared Today

    Airline stocks have enjoyed two solid days of gains on growing optimism that the worst is over for the travel sector. Shares of Sabre (NASDAQ: SABR) were up 14.8% at the close Friday, while shares of Howmet Aerospace (NYSE: HWM) and Allegheny Technologies (NYSE: ATI) were each up more than 9%. Sabre, Howmet, and Allegheny do not overlap much, but they all count on airlines for a significant portion of their sales.

  • Sabre (SABR) to Cut More Jobs Under Business-Realignment Plan
    Zacks

    Sabre (SABR) to Cut More Jobs Under Business-Realignment Plan

    Sabre (SABR) to lay off additional 800 workers as part of its major business-restructuring plan, which includes realignment of the airline and agency-focused businesses.

  • Why Shares of Sabre Are Up Today
    Motley Fool

    Why Shares of Sabre Are Up Today

    Shares of Sabre (NASDAQ: SABR) rallied along with airline stocks on Monday on hope that travel patterns might slowly be returning to normal. The airlines were hit hard by the COVID-19 pandemic, and with them companies that rely on air travel like Sabre, but investors are seeing signs that the worst might finally be over. Sabre, a former American Airlines Group subsidiary that runs airline ticketing and reservation systems, has lost two-thirds of its value in 2020 on a decline in airline business and regulatory issues that blocked a planned acquisition.

  • Are Options Traders Betting on a Big Move in Sabre (SABR) Stock?
    Zacks

    Are Options Traders Betting on a Big Move in Sabre (SABR) Stock?

    Investors need to pay close attention to Sabre (SABR) stock based on the movements in the options market lately.

  • Why Booking Holdings, Expedia, and Sabre Corporation Stocks All Popped 10% (Or More) Today
    Motley Fool

    Why Booking Holdings, Expedia, and Sabre Corporation Stocks All Popped 10% (Or More) Today

    Stocks are hopping Monday, with shares of online travel agencies (OTA) holding company Booking Holdings (NASDAQ: BKNG) up a whopping 14% in noonday trading, and rival Expedia Group (NASDAQ: EXPE) doing even better -- up 16%. Sabre Corporation (NASDAQ: SABR), which operates a business-to-business...er, business...providing hotel, airline, and rental car inventory, pricing, and availability data to other OTA companies is performing best of all, up a staggering 19.5%!

  • Why Expedia Group, Sabre, and Marriott Stocks Fell Today
    Motley Fool

    Why Expedia Group, Sabre, and Marriott Stocks Fell Today

    Federal Reserve Chairman Jerome Powell warned that "recovery may take some time to gather momentum, and the passage of time can turn liquidity problems into solvency problems," and those remarks took their toll on investor confidence. As of 1:45 p.m. EDT today, shares of flight and hotel reservations services Sabre (NASDAQ: SABR) were down 9.6%, while Expedia Group (NASDAQ: EXPE) took a smaller, 3.7% hit. Hotel operator Marriott International (NASDAQ: MAR), meanwhile, was down 3.7%.

  • Sabre's (SABR) Q1 Earnings & Revenues Surpass Estimates
    Zacks

    Sabre's (SABR) Q1 Earnings & Revenues Surpass Estimates

    Sabre's (SABR) first-quarter results reflect adverse impacts of coronavirus on the business.

  • Sabre Corp (SABR) Q1 2020 Earnings Call Transcript
    Motley Fool

    Sabre Corp (SABR) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. Sabre Corp (NASDAQ: SABR)Q1 2020 Earnings CallMay 8, 2020, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the Sabre First Quarter 2020 Earnings Conference Call.

  • Sabre (SABR) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    Sabre (SABR) Reports Q1 Loss, Tops Revenue Estimates

    Sabre (SABR) delivered earnings and revenue surprises of 14.71% and 0.88%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • Earnings Preview: Sabre (SABR) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Sabre (SABR) Q1 Earnings Expected to Decline

    Sabre (SABR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Paul Singer Got Coronavirus Right But May Still Lose
    Bloomberg

    Paul Singer Got Coronavirus Right But May Still Lose

    (Bloomberg Opinion) -- Hedge fund boss Paul Singer began warning employees at Elliott Management Corp. to prepare for quarantines as early as the start of February, well over a month before New York finally mandated a lockdown.Though Singer was quick to realize how the new coronavirus would transform our lives, his prescience had its limits. It couldn't keep one recent investment — Elliott’s $4.4 billion debt-laden buyout of Travelport Worldwide Ltd., completed last May together with partner Siris Capital — from taking a battering in the ensuing economic turmoil.Travelport’s revenues are now in free fall because airlines have grounded most of their fleets and the travel agents that use its computer-reservation systems to book flights and hotels barely have any customers. Travelport’s parent company has been downgraded by the major rating agencies and some $3.3 billion in so-called leveraged loans that Elliott used to fund the purchase are quoted at distressed levels. Based in the U.K., Travelport operates one of three dominant global distribution systems for travel bookings. While they aren’t household names, these digital platforms perform a crucial service. They allow airlines and hotels to market their wares to online and high-street travel agents, as well as corporate travel departments.(1) Half the world’s air bookings are made directly with airlines’ call centers or on their websites; the vast majority of the rest are processed by the GDS.(3)The GDS operators skim off a small fee from the airlines for each booking. These cash flows, plus the industry’s oligopolistic structure, are catnip for the buyout crowd — rivals Amadeus IT Group SA and Sabre Corp., now publicly listed, were also owned by private equity at one point. Such is the industry’s concentration that the U.K.’s Competition and Markets Authority last week blocked Sabre’s takeover of travel-software peer Farelogix Inc.Now, a once-resilient business model looks increasingly vulnerable. GDS bookings have fallen about 80% compared to a year ago, according to Amadeus, while Sabre said net bookings (gross bookings less cancellations) turned negative in March.The drastic measures that these two have taken to shore up their finances suggest the outlook for Elliott’s acquisition — part of the hedge fund’s recent push into private equity — is far from rosy.Amadeus has scrapped its dividend, boosted credit lines and raised 1.5 billion euros ($1.6 billion) via a share issue and convertible bond offering to ensure it has sufficient cash on hand to meet upcoming debt maturities. The Madrid-based company’s ease in raising capital (it issued shares at only a modest discount) doubtless had something to do with its comparatively modest borrowings: net debt was 1.2 times a measure of cash earnings at the end of December. The shares have declined 37% so far this year, which isn’t too bad under the circumstances.By contrast, Texas-based Sabre had net debt of 3.1 times Ebitda at the end of last year. The shares have since lost almost three-quarters of their value. This week the company had to offer bond investors a 9.25% coupon to persuade them to purchase $775 million in new debt; Sabre’s $2.6 billion pile of goodwill is being reviewed for possible impairment and it warned bad debts could rise.Gross leverage at Travelport, the smallest of the GDS providers, is even higher at around 7 times Ebitda, according to Standard & Poor’s, which noted the company must devote $250 million annually just to servicing its borrowings. Proceeds from January’s $1.7 billion agreed sale of Travelport’s eNett payments business should boost liquidity later this year, providing the deal closes as planned.(5)  Even so, Travelport’s $2.8 billion senior secured first-lien term loan, due in 2026, is marked at about 60 cents on the dollar, having dipped below 50 in mid-March.  That big discount is indicative of worries that efforts to curb the coronavirus won’t be followed by a swift recovery in passenger demand and, by extension, Travelport’s sales.Sabre highlighted a danger that consumer attitudes toward travel will change “in a lasting way.” Cash-strapped corporate travel departments may decide that videoconferencing really is a decent alternative to flying.Even if airline customers and travel-agent partners can remain in business in the coming months, there will be pressure on the GDS providers to lower the fees they charge. The airlines’ financial struggles may encourage some of them to avoid ticket distribution fees altogether by steering more customer bookings to their own websites — a trend that preceded the coronavirus.  While the current crisis is unprecedented, Elliott did have some forewarning that Travelport might not be a straightforward investment. On the eve of the last recession, private equity giant Blackstone Group Inc. acquired Travelport for $4.3 billion.Amid massive upheaval in the U.S. airline industry, Travelport reported a string of annual losses and at one point flirted with bankruptcy. Blackstone’s equity was later heavily diluted in a recapitalization by debt holders.(4) The company finally went public in 2014, eight years after Blackstone first invested. History doesn’t repeat itself, but the annals of private equity sometimes rhyme.(1) There are also GDSs focused on local markets, such as China’s TravelSky Technology Ltd(2) See this recent analysis by the UK's Competition and Markets Authority.(3) Travelport can expect about $650 million in proceeds, according to Fitch Ratings(4) Blackstone still did ok from the deal because Travelportpaid out a dividend shortly after the initial purchase.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Interested In Sabre Corporation (NASDAQ:SABR)’s Upcoming 1.7% Dividend? You Have 4 Days Left
    Simply Wall St.

    Interested In Sabre Corporation (NASDAQ:SABR)’s Upcoming 1.7% Dividend? You Have 4 Days Left

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Sabre...

  • Sabre Corporation Just Reported And Analysts Have Been Cutting Their Estimates
    Simply Wall St.

    Sabre Corporation Just Reported And Analysts Have Been Cutting Their Estimates

    One of the biggest stories of last week was how Sabre Corporation (NASDAQ:SABR) shares plunged 34% in the week since...

  • Why We’re Not Impressed By Sabre Corporation’s (NASDAQ:SABR) 9.5% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Sabre Corporation’s (NASDAQ:SABR) 9.5% ROCE

    Today we'll evaluate Sabre Corporation (NASDAQ:SABR) to determine whether it could have potential as an investment...

  • Google Cloud lands Lufthansa Group and Sabre as new customers
    TechCrunch

    Google Cloud lands Lufthansa Group and Sabre as new customers

    Google's strategy for bringing new customers to its cloud is to focus on the enterprise and specific verticals like healthcare, energy, financial service and retail, among others. Its healthcare efforts recently experienced a bit of a setback, with Epic now telling its customers that it is not moving forward with its plans to support Google Cloud, but in return, Google now got to announce two new customers in the travel business: Lufthansa Group, the world's largest airline group by revenue, and Sabre, a company that provides backend services to airlines, hotels and travel aggregators. For Sabre, Google Cloud is now the preferred cloud provider.

  • Does Sabre Corporation (NASDAQ:SABR) Have A Good P/E Ratio?
    Simply Wall St.

    Does Sabre Corporation (NASDAQ:SABR) Have A Good P/E Ratio?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Sabre...

  • Sabre's (SABR) Wizz Air Deal to Benefit Airlines Solutions
    Zacks

    Sabre's (SABR) Wizz Air Deal to Benefit Airlines Solutions

    Wizz Air is the 80th airline company to collaborate with Sabre (SABR), reflecting its position as a preferred technology partner among airlines companies.

  • Here's How We Evaluate Sabre Corporation's (NASDAQ:SABR) Dividend
    Simply Wall St.

    Here's How We Evaluate Sabre Corporation's (NASDAQ:SABR) Dividend

    Dividend paying stocks like Sabre Corporation (NASDAQ:SABR) tend to be popular with investors, and for good reason...

  • Sabre (SABR) Q3 Earnings Top Estimates, Revenues Up Y/Y
    Zacks

    Sabre (SABR) Q3 Earnings Top Estimates, Revenues Up Y/Y

    Sabre (SABR) third-quarter results reflect growth in Travel Network and Hospitality Solutions. However, high technology costs keep margins under pressure.

  • Sabre (SABR) Q3 Earnings Beat Estimates
    Zacks

    Sabre (SABR) Q3 Earnings Beat Estimates

    Sabre (SABR) delivered earnings and revenue surprises of 12.50% and -0.65%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Have Insiders Been Selling Sabre Corporation (NASDAQ:SABR) Shares This Year?
    Simply Wall St.

    Have Insiders Been Selling Sabre Corporation (NASDAQ:SABR) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Earnings Preview: Sabre (SABR) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Sabre (SABR) Q3 Earnings Expected to Decline

    Sabre (SABR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Sabre Acquires Radixx, Expands Foothold in Airlines Industry
    Zacks

    Sabre Acquires Radixx, Expands Foothold in Airlines Industry

    With the Radixx buyout, Sabre (SABR) will add retailing, distribution and fulfilment capabilities to cater to the fast-growing low-cost carrier market.