Do Investors Have Much Faith In Sabre Corp (NASDAQ: SABR)

Sabre Corp (NASDAQ:SABR) does about 4.50M shares in volume on a normal day but saw 2473310 shares change hands in Friday trading. The company now has a market cap of 1.06B USD. Its current market price is $2.77, marking an increase of 2.59% compared to the previous close of $2.70. The 52 week high reached by this stock is $5.76 whilst the lowest price level in 52 weeks is $1.81.

Sabre Corp (SABR) has a 20-day trading average at $2.72 and the current price is -51.95% off the 52-week high compared with 53.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.85 and its 200-day simple moving average is $3.38. If we look at the stock’s price movements over the week, volatility stands at 5.84%, which decreases to 5.65% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.87 to suggest the stock is neutral.

The consensus objective for the share price is $4.09, suggesting that the stock has a potential upside of 32.27% over the period.

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The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 21, 2024 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $5. BofA Securities upgraded the stock to “Neutral” from Underperform on January 08, 2024 at a price target of $3.50-$5. Bernstein upgraded its price target at $3.50.

Sabre Corp (SABR) stock is up 3.36% over the week and -9.18% over the past month. Its price is -37.05% year-to-date and -13.98% over the past year.

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To reach the target analysts have set, the stock logically needs to grow 32.27 percent from here.

The company has a return on investment of -14.38%. The forward price to earnings ratio is 14.11. The beta has a value of 1.73. Price to sales ratio is 0.36.

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