Sabre Corp (NASDAQ:SABR) announced a quarterly dividend on Tuesday, February 13th, Zacks reports. Shareholders of record on Wednesday, March 21st will be paid a dividend of 0.14 per share by the information technology services provider on Friday, March 30th. This represents a $0.56 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date is Tuesday, March 20th.
Shares of Sabre (SABR) opened at $22.05 on Thursday. The stock has a market capitalization of $6,104.61, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 2.49 and a beta of 0.55. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 4.87. Sabre has a 12-month low of $17.30 and a 12-month high of $25.01.
Sabre (NASDAQ:SABR) last announced its earnings results on Wednesday, February 14th. The information technology services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.10. The firm had revenue of $881.90 million during the quarter, compared to analysts’ expectations of $863.54 million. Sabre had a return on equity of 53.65% and a net margin of 6.74%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 earnings per share. equities analysts forecast that Sabre will post 1.25 EPS for the current fiscal year.
A number of equities research analysts have issued reports on SABR shares. TheStreet raised Sabre from a “c” rating to a “b-” rating in a research report on Monday, November 27th. Evercore ISI cut Sabre from an “outperform” rating to an “underperform” rating in a research report on Friday, January 5th. Zacks Investment Research raised Sabre from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Tuesday, January 9th. Mizuho reiterated a “buy” rating and set a $25.00 price target on shares of Sabre in a report on Thursday, January 25th. Finally, BidaskClub upgraded Sabre from a “strong sell” rating to a “sell” rating in a report on Saturday, February 17th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $23.78.
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Sabre 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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