Does Sabre Corp (NASDAQ:SABR) have deteriorating prospects?

The stock of Sabre Corp (NASDAQ:SABR) last traded at $3.19, down -4.78% from the previous session.

SABR stock price is now -11.40% away from the 50-day moving average and -5.35% away from the 200-day moving average. The market capitalization of the company currently stands at $1.23B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target enhanced from $4.50 to $6.10, BofA Securities Upgraded its rating from Neutral to Buy for Sabre Corp (NASDAQ: SABR). On January 07, 2025, Cantor Fitzgerald Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $5 to quote $4, while ‘Bernstein’ rates the stock as ‘Underperform’

In other news, Paul Elaine, Director sold 24,325 shares of the company’s stock on Feb 25 ’25. The stock was sold for $103,211 at an average price of $4.24. Upon completion of the transaction, the Director now directly owns 29,729 shares in the company, valued at $94835.51. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 25 ’25, Director LAURA E PAUL bought 24,325 shares of the business’s stock. A total of $104,354 was incurred on buying the stock at an average price of $4.29. A total of 6.93% of the company’s stock is owned by insiders.

During the past 12 months, Sabre Corp has had a low of $1.81 and a high of $4.63. The fifty day moving average price for SABR is $3.6004 and a two-hundred day moving average price translates $3.37035 for the stock.

The latest earnings results from Sabre Corp (NASDAQ: SABR) was released for 2024-12-31. The company reported revenue of $714.72 million for the quarter, compared to $687.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.03 percent.

Related Posts