SABR - Sabre Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
23.72
-0.23 (-0.96%)
At close: 4:00PM EDT
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Previous Close 23.95
Open 24.12
Bid 19.79 x 2900
Ask 25.00 x 3200
Day's Range 22.90 - 25.44
52 Week Range 19.41 - 26.62
Volume 2,292,983
Avg. Volume 1,986,695
Market Cap 6.492B
Beta (3Y Monthly) 0.81
PE Ratio (TTM) 26.99
EPS (TTM) 0.88
Earnings Date Oct 28, 2019 - Nov 1, 2019
Forward Dividend & Yield 0.56 (2.34%)
Ex-Dividend Date 2019-09-19
1y Target Est 26.50
Trade prices are not sourced from all markets
  • Is Sabre (NASDAQ:SABR) A Risky Investment?
    Simply Wall St.

    Is Sabre (NASDAQ:SABR) A Risky Investment?

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • U.S. is preparing to sue to block Sabre’s planned acquisition, report says
    American City Business Journals

    U.S. is preparing to sue to block Sabre’s planned acquisition, report says

    Sabre may be heading to court over its proposed deal to buy Farelogix after all. The U.S. Justice Department is preparing to sue to block Sabre Corp.’s (Nasdaq: SABR) proposed acquisition of Farelogix over concerns the deal will harm competition, Bloomberg reported Friday, citing a person familiar with the matter. The move would follow Sabre’s decision to inform the DOJ was planning to wrap the acquisition Aug. 21.

  • DOJ Poised to Sue to Block Sabre’s Deal for Farelogix
    Bloomberg

    DOJ Poised to Sue to Block Sabre’s Deal for Farelogix

    (Bloomberg) -- The U.S. Justice Department is preparing to sue to block travel technology company Sabre Corp.’s proposed acquisition of Farelogix Inc. over concerns the deal will harm competition, according to a person familiar with the matter.The department’s antitrust division is set to file a lawsuit as soon as Monday, said the person. Sabre announced plans Wednesday to close the deal next week.Sabre agreed to buy Farelogix in November for $360 million. Both companies provide information technology systems that enable airlines to sell tickets.The Justice Department challenge would follow concerns raised by the U.K.’s antitrust regulator on Friday. The Competition and Markets Authority said its initial investigation of the takeover found Farelogix is a competitive threat to Sabre because it relies on a disruptive business model and has brought innovation to the market even though it’s smaller.“Should the deal go ahead as planned, the CMA is concerned that Sabre would not face enough competition from other suppliers, leading to higher prices or lower quality services, as well as reduced innovation in the industry generally,” the regulator said.U.S. antitrust officials are under pressure to get tougher on acquisitions of startups by large technology companies. Advocates of stricter enforcement say the deals have allowed tech firms to solidify their dominance by eliminating rivals.Sabre declined to comment and pointed to the company’s previous commitment to offer Farelogix products at the same or lower prices and to continue to invest in its technology. The Justice Department didn’t respond to a request for comment.Sabre, based in Southlake, Texas, said Wednesday that it would close the deal on Aug. 21. The company said it was extending the merger’s termination date to April 30 to allow time for any Justice Department lawsuit to be resolved.“Over the past nine months, we believe we have done all we can to address the DOJ’s concerns,” Sabre Chief Executive Officer Sean Menke said in a statement. “While we hope the DOJ will ultimately recognize that this transaction is pro-competitive, we are prepared to vigorously defend the deal in court if necessary.”To contact the reporter on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Gregory MottFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Sabre’s Deal With Spirit Underscores Its Airline Tech Rebound
    Skift

    Sabre’s Deal With Spirit Underscores Its Airline Tech Rebound

    Budget airline Spirit Airlines last week bought more airline technology from Sabre, signaling that the tech vendor's sales team is abandoning its defensive mode. Texas-based Sabre is now seeking an increased wallet share of existing customers. The trend is a turnabout. For years, carriers complained about Sabre's tech. The tools aim to help airlines with […]The post Sabre's Deal With Spirit Underscores Its Airline Tech Rebound appeared first on Skift.

  • PR Newswire

    Despegar, Latin America's top online travel agency, signs multi-year agreement extension with Sabre

    SOUTHLAKE, Texas, Aug. 14, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, today announced its renewed agreement with Despegar (DESP), the leading online travel agency (OTA) in Latin America. The multi-year contract extension ensures Despegar's continued access to Sabre's market-leading global distribution system (GDS), propelling the OTA's service to an estimated 140 million unique visitors.

  • After long delay, Sabre tells the DOJ it’s closing an acquisition – and ready for court if necessary
    American City Business Journals

    After long delay, Sabre tells the DOJ it’s closing an acquisition – and ready for court if necessary

    'We believe we have done all we can to address the DOJ's concerns,' Sabre Corp. CEO Sean Menke said in a statement.

  • Sabre Dares U.S. Justice Department to Sue It Over Farelogix Deal
    Skift

    Sabre Dares U.S. Justice Department to Sue It Over Farelogix Deal

    Sabre is frustrated that the U.S. Department of Justice has held up its acquisition of Farelogix. Nine months ago it had proposed buying the airline distribution technology specialist. So on Wednesday the travel technology giant said it would go ahead with the $360 million acquisition on August 21. "Over the past nine months, we believe […]The post Sabre Dares U.S. Justice Department to Sue It Over Farelogix Deal appeared first on Skift.

  • Sabre Rides on Partnerships, Renews Croatia Airlines Deal
    Zacks

    Sabre Rides on Partnerships, Renews Croatia Airlines Deal

    Sabre's (SABR) renewal of partnership with Croatia Airlines reflects its continued efforts to enhance the highly profitable Airlines Solutions segment.

  • PR Newswire

    Sabre Announces Intent to Close Farelogix Acquisition

    SOUTHLAKE, Texas, Aug. 14, 2019 /PRNewswire/ -- Sabre Corporation (SABR), a leading technology provider to the travel industry, announced today that it has informed the U.S. Department of Justice (DOJ), which has been performing a lengthy and exhaustive review of the transaction, of its intent to close the deal on August 21, 2019. Under the terms of its timing agreement with Sabre, if the DOJ decides to seek to block the transaction prior to the expected closing date, it must file its complaint in federal court before August 21. Sabre is confident in the legal and competitive merits of the acquisition and that the transaction will ultimately be completed.

  • PR Newswire

    Croatia Airlines and Sabre continue successful partnership to increase carrier's revenue and yield

    ZAGREB, Croatia and LONDON, Aug. 12, 2019 /PRNewswire/ -- Croatia Airlines and Sabre Corporation (SABR) the leading technology provider to the global travel industry, today announced the renewal of their long-standing partnership. The Croatian flag carrier has been using Sabre's revenue management product for more than four years and with this renewal, the carrier will upgrade to Sabre AirVision Revenue Optimizer, Sabre's industry-leading revenue optimization solution. In today's fast-moving, competitive marketplace, setting a price for a product is one of the most important decisions an airline can make.

  • Moving Average Crossover Alert: Sabre
    Zacks

    Moving Average Crossover Alert: Sabre

    Sabre Corporation (SABR) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

  • PR Newswire

    Sabre reveals consumer trends powering "Retail Revolution" across the hospitality industry in 2019 and beyond

    SOUTHLAKE, Texas, Aug. 8, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading global travel technology provider, in partnership with TrendWatching – global consumer trends and insights experts – has released a consumer trends study explaining the "Retail Revolution" in the hospitality industry. "Technology is changing the expectations of today's traveler. This presents exciting opportunities for hoteliers to extend far beyond their traditional offerings," said Clinton Anderson, president of Sabre Hospitality Solutions.

  • PR Newswire

    Sabre and CWT build on their long relationship to explore and deliver emerging technology solutions

    SOUTHLAKE, Texas, Aug. 7, 2019 /PRNewswire/ -- Sabre Corporation (SABR) and CWT are building upon their decades-long relationship, collaborating on a number of new strategic initiatives designed to enhance the traveler experience and help CWT meet its strategic business goals. "Expanding our relationship with Sabre last year was the right decision for CWT as their commitment to delivery excellence and outstanding service is evident throughout our relationship," said Vince Chirico, senior vice president of global network & technology partners for CWT. As a member of Sabre's Beyond NDC program and its NDC Customer Advisory Board, CWT leadership is helping to drive Sabre's effort to develop and deliver end-to-end NDC solutions to the marketplace.

  • PR Newswire

    Spirit Airlines to transform operations through expanded technology alliance with Sabre

    SOUTHLAKE, Texas, Aug. 5, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider at the center of the business of travel, announced an agreement to expand its digital operations technology alliance with Spirit Airlines (SAVE), the leading value carrier in the United States, the Caribbean and Latin America. This alliance will make the airline one of the first carriers to utilize the breadth of the innovative, next-generation Sabre Operations Platform, the industry's only end-to-end operations solution. Spirit, a current user of several of Sabre's operations solutions, will soon implement Sabre AirCentre Movement Manager, Crew Manager and Recovery Manager, rounding out the core components of the Sabre Operations Platform.

  • Thomson Reuters StreetEvents

    Edited Transcript of SABR earnings conference call or presentation 1-Aug-19 1:00pm GMT

    Q2 2019 Sabre Corp Earnings Call

  • Sabre (SABR) Q2 Earnings Top Estimates, Revenues Up Y/Y
    Zacks

    Sabre (SABR) Q2 Earnings Top Estimates, Revenues Up Y/Y

    Sabre (SABR) second-quarter results gain from growth across each of its business segments. However, high technology costs and incentives fees keep margins under pressure.

  • Sabre Corp (SABR) Q2 2019 Earnings Call Transcript
    Motley Fool

    Sabre Corp (SABR) Q2 2019 Earnings Call Transcript

    SABR earnings call for the period ending June 30, 2019.

  • DFW software companies climb on strong quarterly reports
    American City Business Journals

    DFW software companies climb on strong quarterly reports

    Tyler Technologies Inc. and Sabre Corp. rose by more than 3 percent or more on Thursday afternoon as investors warmed to their prospects for growth. Combined, both companies have more than $15 billion in market valuation.

  • Sabre Hunts for More Tech Deals to Overcome Sales Slump
    Skift

    Sabre Hunts for More Tech Deals to Overcome Sales Slump

    Sabre, the U.S. travel technology giant, has lost momentum. Second-quarter revenue rose only 1.6 percent to $1 billion, the Southlake, Texas-based company reported on Thursday. That figure represented a slowdown. In the same period a year ago, the company had a 9 percent growth rate. In 2015 and 2016, the company enjoyed double-digit annualized growth. […]The post Sabre Hunts for More Tech Deals to Overcome Sales Slump appeared first on Skift.

  • Sabre (SABR) Q2 Earnings and Revenues Surpass Estimates
    Zacks

    Sabre (SABR) Q2 Earnings and Revenues Surpass Estimates

    Sabre (SABR) delivered earnings and revenue surprises of 9.09% and 0.62%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    Sabre's second quarter 2019 earnings materials available on its Investor Relations website

    SOUTHLAKE, Texas, Aug. 1, 2019 /PRNewswire/ -- Sabre Corporation ("Sabre") (SABR) today announced financial results for the quarter ended June 30, 2019. Sabre has posted its second quarter 2019 earnings release, earnings presentation and prepared remarks to its Investor Relations webpage at investors.sabre.com/results.cfm. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.

  • Do You Know What Sabre Corporation's (NASDAQ:SABR) P/E Ratio Means?
    Simply Wall St.

    Do You Know What Sabre Corporation's (NASDAQ:SABR) P/E Ratio Means?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Earnings Preview: Sabre (SABR) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Sabre (SABR) Q2 Earnings Expected to Decline

    Sabre (SABR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • PR Newswire

    Sabre to participate in upcoming Oppenheimer 22nd Annual Technology, Internet and Communications Conference

    SOUTHLAKE, Texas , July 24, 2019 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today announced that Doug Barnett , executive vice president and chief financial officer, and Dave Shirk , executive vice ...

  • PR Newswire

    Sabre declares quarterly dividend

    SOUTHLAKE, Texas , July 23, 2019 /PRNewswire/ -- The Board of Directors of Sabre Corporation (NASDAQ: SABR) has declared a quarterly dividend of $0.14 per share. The dividend is payable on September 30, ...