Sabre (SABR)

• Market cap: $1.29B
• 1 day: 3.09%
• 5 days: 2.77%
• 1 month: -15.66%
• 3 months: -7.73%
• 6 months: -1.18%
• Year to date: -6.44%
• 1 year: -19.32%
• 5 years: -85.55%
• 10 years: -83.26%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2023 revenue, split between distribution (78% of segment sales) and airline IT solutions (22%) revenue. The company also has a growing hotel IT solutions division (9% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.

Employees: 6,232

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 25

35% more capital invested

Capital invested by funds: $972M [Q2] → $1.31B (+$338M) [Q3]

7% more funds holding

Funds holding: 240 [Q2] → 256 (+16) [Q3]

6% more call options, than puts

Call options by funds: $34.6M | Put options by funds: $32.7M

2.67% less ownership

Funds ownership: 95.24% [Q2] → 92.57% (-2.67%) [Q3]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]

28% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 90

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 10% downside
• Avg. target: $3 10% downside
• High target: $3 10% downside

1 analyst rating

• positive: 0 0%
• neutral: 0 0%
• negative: 1 100%

Bernstein Alex Irving 50% 1-year accuracy 1 / 2 met price target

10% downside $3

Underperform Downgraded

19 Nov 2024