
Sabre Corporation (NASDAQ:SABR – Free Report) – Zacks Research cut their Q3 2027 earnings estimates for shares of Sabre in a research note issued on Thursday, August 27th. Zacks Research analyst Team now expects that the information technology services provider will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Sabre’s current full-year earnings is ($0.16) per share. Zacks Research also issued estimates for Sabre’s Q2 2028 earnings at $0.01 EPS.
Sabre (NASDAQ:SABR – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The information technology services provider reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.13). The company had revenue of $711.96 million for the quarter, compared to analysts’ expectations of $697.40 million.
Read Our Latest Research Report on SABR
Sabre Stock Performance
Shares of Sabre stock opened at $2.17 on Monday. The firm has a 50-day simple moving average of $1.98 and a two-hundred day simple moving average of $1.72. The company has a market cap of $875.77 million, a P/E ratio of 1.32 and a beta of 0.97. Sabre has a fifty-two week low of $0.81 and a fifty-two week high of $2.30.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in shares of Sabre by 46.9% during the first quarter. Royal Bank of Canada now owns 174,893 shares of the information technology services provider’s stock valued at $491,000 after acquiring an additional 55,840 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Sabre by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 227,323 shares of the information technology services provider’s stock worth $639,000 after acquiring an additional 9,923 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Sabre in the 1st quarter worth approximately $140,000. Jones Financial Companies Lllp boosted its position in shares of Sabre by 265.7% during the 1st quarter. Jones Financial Companies Lllp now owns 286,802 shares of the information technology services provider’s stock worth $806,000 after purchasing an additional 208,371 shares during the period. Finally, United Services Automobile Association purchased a new position in shares of Sabre during the 1st quarter worth approximately $80,000. Institutional investors and hedge funds own 89.42% of the company’s stock.
About Sabre
Sabre Corporation is a leading travel technology company that provides software, data, mobile and distribution solutions to the global travel industry. Through its Sabre travel marketplace, the company operates one of the world’s principal global distribution systems (GDS), connecting travel buyers and suppliers across airlines, hotels, car rental companies and other travel providers. Sabre’s suite of products includes reservation and ticketing systems for travel agencies, comprehensive airline operations and passenger services solutions, as well as hospitality property management and central reservation systems for hotels.
Established in 1960 as a joint venture between American Airlines and IBM, Sabre introduced one of the first computerized airline reservation systems, pioneering the automation of ticketing and inventory control.
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