Sabre Industries Inc (NASDAQ:SABR) Sentiment Up in 2018 Q1

July 27, 2018 - By Richard Slagle

Sabre Corporation (NASDAQ:SABR) Logo

Sentiment for Sabre Industries Inc (NASDAQ:SABR)

Sabre Industries Inc (NASDAQ:SABR) institutional sentiment increased to 1.76 in Q1 2018. Its up 0.29, from 1.47 in 2017Q4. The ratio increased, as 167 active investment managers opened new or increased positions, while 95 decreased and sold positions in Sabre Industries Inc. The active investment managers in our partner’s database reported: 289.05 million shares, down from 294.44 million shares in 2017Q4. Also, the number of active investment managers holding Sabre Industries Inc in their top 10 positions increased from 3 to 5 for an increase of 2. Sold All: 19 Reduced: 76 Increased: 105 New Position: 62.

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The company has market cap of $7.22 billion. It operates through two divisions, Travel Network, and Airline and Hospitality Solutions. It has a 30.09 P/E ratio. The Travel Network segment operates as 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.

The stock decreased 0.34% or $0.09 during the last trading session, reaching $26.27. About 1.21M shares traded. Sabre Corporation (NASDAQ:SABR) has risen 4.27% since July 27, 2017 and is uptrending. It has underperformed by 8.30% the S&P500.

Analysts await Sabre Corporation (NASDAQ:SABR) to report earnings on July, 31 before the open. They expect $0.31 EPS, down 3.13 % or $0.01 from last year’s $0.32 per share. SABR’s profit will be $85.16 million for 21.19 P/E if the $0.31 EPS becomes a reality. After $0.39 actual EPS reported by Sabre Corporation for the previous quarter, Wall Street now forecasts -20.51 % negative EPS growth.

Silver Lake Group L.L.C. holds 13.27% of its portfolio in Sabre Corporation for 22.47 million shares. Tpg Group Holdings (Sbs) Advisors Inc. owns 36.99 million shares or 11.95% of their US portfolio. Moreover, Praesidium Investment Management Company Llc has 5.11% invested in the company for 2.90 million shares. The New York-based Md Sass Investors Services Inc has invested 4.17% in the stock. Burgundy Asset Management Ltd., a Ontario – Canada-based fund reported 18.12 million shares.

Sabre Corporation (NASDAQ:SABR) Ratings Coverage

Ratings analysis reveals 83% of Sabre’s analysts are positive. Out of 6 Wall Street analysts rating Sabre, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $25 while the high is $30. The stock’s average target of $27.40 is 4.30% above today’s ($26.27) share price. SABR was included in 8 notes of analysts from February 14, 2018. Deutsche Bank maintained Sabre Corporation (NASDAQ:SABR) rating on Wednesday, June 6. Deutsche Bank has “Buy” rating and $28 target. Cowen & Co maintained the shares of SABR in report on Wednesday, February 14 with “Buy” rating. The stock has “Outperform” rating by Oppenheimer on Wednesday, May 2. The stock of Sabre Corporation (NASDAQ:SABR) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, May 2. The firm earned “Buy” rating on Tuesday, May 15 by Bank of America. The firm has “Buy” rating given on Monday, February 26 by Deutsche Bank. The stock of Sabre Corporation (NASDAQ:SABR) earned “Buy” rating by Cowen & Co on Wednesday, March 7.

Another recent and important Sabre Corporation (NASDAQ:SABR) news was published by Seekingalpha.com which published an article titled: “Aerolineas Argentinas renews partnership with Sabre” on July 12, 2018.

Sabre Corporation (NASDAQ:SABR) Institutional Positions Chart

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