What’s Propelling Sabre Corp to Increase So Much?

 What's Propelling Sabre Corp to Increase So Much?

In today’s session Sabre Corp (SABR) registered an unusually high (331) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious SABR increase. With 331 contracts traded and 55784 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: SABR161021C00030000 closed last at: $0.3 or 20% up. About 478,298 shares traded hands. Sabre Corp (NASDAQ:SABR) has declined 1.50% since March 2, 2016 and is downtrending. It has underperformed by 9.76% the S&P500.

Analysts await Sabre Corp (NASDAQ:SABR) to report earnings on November, 3. They expect $0.22 EPS, down 18.52% or $0.05 from last year’s $0.27 per share. SABR’s profit will be $60.09M for 31.08 P/E if the $0.22 EPS becomes a reality. After $0.26 actual EPS reported by Sabre Corp for the previous quarter, Wall Street now forecasts -15.38% negative EPS growth.

Sabre Corp (NASDAQ:SABR) Ratings Coverage

Out of 7 analysts covering Sabre Corporation (NASDAQ:SABR), 7 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $35 is the highest target while $30 is the lowest. The $33.75 average target is 23.40% above today’s ($27.35) stock price. Sabre Corporation has been the topic of 10 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was initiated on Thursday, March 31 by Pacific Crest. The rating was upgraded by SunTrust to “Buy” on Wednesday, June 1. Sterne Agee CRT initiated Sabre Corp (NASDAQ:SABR) rating on Wednesday, April 13. Sterne Agee CRT has “Buy” rating and $33 price target. The rating was upgraded by Suntrust Robinson on Wednesday, June 1 to “Buy”. Zacks downgraded the stock to “Buy” rating in Tuesday, August 25 report. The company was maintained on Friday, October 30 by Mizuho. The firm has “Outperform” rating by Oppenheimer given on Wednesday, August 5. The stock has “Buy” rating given by Mizuho on Wednesday, August 5.

According to Zacks Investment Research, “Sabre Corporation engages in providing technology solutions to the global travel and tourism industry. The company operates four brands/businesses: Sabre Airline Solutions (R), Sabre Hospitality Solutions (R), Sabre Travel Network (R) and Travelocity (R). Its software, data, mobile and distribution solutions are used by airlines hotel properties to manage critical operations, such as passenger and guest reservations, revenue management, and flight, network and crew management. Sabre Corporation is headquartered in Southlake, Texas.”

Insitutional Activity: The institutional sentiment increased to 1.88 in Q2 2016. Its up 0.47, from 1.41 in 2016Q1. The ratio improved, as 25 funds sold all Sabre Corp shares owned while 73 reduced positions. 55 funds bought stakes while 129 increased positions. They now own 280.22 million shares or 3.65% more from 270.34 million shares in 2016Q1.
Moreover, Utd Fincl Advisers Ltd Liability has 0.06% invested in Sabre Corp (NASDAQ:SABR) for 228,506 shares. Capital World Invsts last reported 0.01% of its portfolio in the stock. Prudential has 12,840 shares for 0% of their US portfolio. Tru Lc last reported 1.76% of its portfolio in the stock. Korea Invest Corporation holds 687,500 shares or 0.11% of its portfolio. Renaissance Technology Lc holds 712,700 shares or 0.04% of its portfolio. Fincl Architects, a New Jersey-based fund reported 6,243 shares. Pnc Financial Services Gp Inc accumulated 0% or 12,133 shares. Citadel Advisors Limited Liability Com, a Illinois-based fund reported 296,250 shares. Westfield Cap Mngmt Com L P last reported 0.46% of its portfolio in the stock. Teachers Inc has invested 0.01% of its portfolio in Sabre Corp (NASDAQ:SABR). Herndon Cap Mngmt Limited Liability Co holds 0.03% or 26,322 shares in its portfolio. Denver Inv Advsr Ltd Co has 80,019 shares for 0.1% of their US portfolio. Summit Secs Gp Limited Liability Corporation, a New York-based fund reported 11,821 shares. The Japan-based Blackrock Japan Limited has invested 0.02% in Sabre Corp (NASDAQ:SABR).

Sabre Corporation is a technology solutions well-known provider to the global travel and tourism industry. The company has a market cap of $7.47 billion. The Company’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. It has a 24.35 P/E ratio. The Firm operates in two divisions: Sabre Travel Network, and Sabre Airline and Hospitality Solutions.

SABR Company Profile

Sabre Corporation, incorporated on December 11, 2006, is a technology solutions well-known provider to the global travel and tourism industry. The Firm operates in two divisions: Sabre Travel Network, and Sabre Airline and Hospitality Solutions. The Firm connects the travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. It also offers travel suppliers a suite of software solutions, ranging from airline and hotel reservations systems to marketing and activities solutions, such as planning airline crew schedules, re-accommodating passengers during irregular flight activities and managing day-to-day hotel operations.

More notable recent Sabre Corp (NASDAQ:SABR) news were published by: Prnewswire.com which released: “Sabre Corporation Announces CEO Transition” on June 20, 2016, also Finance.Yahoo.com with their article: “Sabre Corp (SABR) CEO, President Thomas Klein Sold $5.3 million of Shares” published on September 21, 2016, Prnewswire.com published: “Sabre introduces SafePoint, a smarter, faster and more accurate way to help …” on July 19, 2016. More interesting news about Sabre Corp (NASDAQ:SABR) were released by: Bizjournals.com and their article: “Exclusive: Tech travel giant Sabre Corp. expanding Southlake HQ at Solana” published on January 29, 2016 as well as Marketwatch.com‘s news article titled: “Sabre Corp. CEO Klein to resign” with publication date: June 20, 2016.

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