Media stories about Sabre Corp (NASDAQ:SABR) have trended positive on Friday, AlphaOne Sentiment reports. AlphaOne, a subsidiary of Accern, identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sabre Corp earned a coverage optimism score of 0.30 on AlphaOne’s scale. AlphaOne also gave headlines about the information technology services provider an impact score of 76 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Alpha One’s scoring:
- Is Sabre Corporation (SABR) In Sound Financial Health? (simplywall.st)
- Technology News: Can Sabre Become a Fast-Moving, Innovative Technology Company? (robinspost.com)
- Coupa Software : and Sabre Expand Technology Collaboration to Advance Integrated Travel and Expense Management (4-traders.com)
- Sabre announces upcoming webcast of 2017 Annual Meeting of Stockholders (finance.yahoo.com)
SABR has been the subject of several recent analyst reports. Zacks Investment Research raised Sabre Corp from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 13th. Bank of America Corp cut Sabre Corp from a “buy” rating to a “neutral” rating in a research note on Monday, February 20th. Morgan Stanley cut Sabre Corp from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $26.00 to $24.00 in a research note on Thursday, April 6th. Mizuho reissued a “sell” rating and issued a $25.00 price target on shares of Sabre Corp in a research note on Wednesday, February 22nd. Finally, TheStreet raised Sabre Corp from a “c” rating to a “b-” rating in a research note on Monday, April 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $29.63.
Sabre Corp (NASDAQ:SABR) last released its earnings results on Tuesday, May 2nd. The information technology services provider reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.11. The company had revenue of $915.35 million during the quarter, compared to analysts’ expectations of $897.62 million. Sabre Corp had a return on equity of 41.47% and a net margin of 7.19%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS.
In other news, insider Richard A. Simonson sold 12,549 shares of Sabre Corp stock in a transaction on Thursday, March 2nd. The stock was sold at an average price of $22.15, for a total value of $277,960.35. Following the completion of the sale, the insider now directly owns 192,065 shares of the company’s stock, valued at approximately $4,254,239.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard A. Simonson sold 36,000 shares of Sabre Corp stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $24.43, for a total value of $879,480.00. Following the completion of the sale, the insider now directly owns 231,103 shares of the company’s stock, valued at $5,645,846.29. The disclosure for this sale can be found here. Insiders sold a total of 472,425 shares of company stock valued at $10,859,769 over the last three months. Insiders own 1.80% of the company’s stock.
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Sabre Corp Company Profile
Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company provides software and services to a range of travel suppliers and travel buyers. The Company operates through two business segments: Travel Network, and Airline and Hospitality Solutions. Travel Network is its global business-to-business travel marketplace and consists primarily of its global distribution system (GDS) and a set of solutions that integrate with its GDS to serve travel suppliers and travel buyers.
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