Sabre (SABR) to Release Quarterly Earnings on Thursday

Sabre (NASDAQ:SABR) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $716.60 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Sabre Trading Down 0.8 %

Shares of SABR stock opened at $3.52 on Wednesday. The firm has a 50-day moving average price of $3.54 and a 200 day moving average price of $3.44. Sabre has a twelve month low of $1.81 and a twelve month high of $4.30. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of -4.46, a PEG ratio of 1.95 and a beta of 1.79.

Analyst Ratings Changes

SABR has been the subject of a number of research analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $4.00 price objective (down previously from $5.00) on shares of Sabre in a research note on Tuesday, January 7th. Sanford C. Bernstein reaffirmed an “underperform” rating and set a $3.00 price objective on shares of Sabre in a research note on Tuesday, November 19th. Finally, StockNews.com downgraded shares of Sabre from a “buy” rating to a “hold” rating in a research note on Tuesday, December 24th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $3.25.

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.