Thursday, November 4, 2021

SABR stock: Earnings date 15% plunge | My 900 share position purchased after crash | Yahoo finance conversation

 

  • Read this:
    As a software technology company, the unique aspect to consider with Sabre Corp. (NASDAQ:SABR) is its involvement in the global travel industry. The company’s portfolio caters to airlines, car rental companies, travel agencies, and hotels helping to manage operations like reservations, back-end revenue management, flight crew management, and even flights. Sabre also operates a travel marketplace processing travel arrangements. Earlier this week the company’s technology was implemented by Gulf Air, a top carrier in Bahrain. Croatia Airlines, GOL Airlines, and BIDTravel have all recently signed or enhanced agreements with Sabre.

    Considering the SABR stock was trading as low as $3.30 in March, it’s clear that reopening optimism – specifically in the travel industry – has helped. This week, shares reached highs of $11.73. Analysts at Deutsche Bank recently boosted their price target on SABR to $12 from $9 but still have a Hold rating on the stock. With the idea that travel picks up because of a vaccine as a solution to treating coronavirus, the backbone/pick and shovel stocks shouldn’t be forgotten. In Sabre’s case, the company expects that pent up demand for travel should firmly establish a more profitable recovery from the pandemic.
  • mark
    6 days ago
    Looking for revenue to bounce back a little more, but wondering about cash flow and cash position. Otherwise why announce sale of division during bounce back a few days before numbers are reported.
    • Jimbo
      6 days ago
      Don’t see cash being of much concern. With the sale they are raising $400m and they also have the option to issue $300m shares. Last quarter they had over $1.1bn in shares. That will get them through the next 24 months based on current cash burn.
  • Andrew
    7 days ago
    Short interest has dropped by 3mil shares. 6% change. I take that as a good sign sentiment may be finally starting to change. Hope this will finally break that 12.40 barrier.
  • Jimbo
    2 days ago
    Does anyone here think that today's drop is justified based on Q3 results?????
  • Mark
    1 hour ago
    * Kids 5-11 getting vaxxed
    * Merck pill
    * Return to work
    * May not be today, may not be tomorrow but shorts are going to get completely hammered here
  • Jimbo
    3 days ago
    Results tomorrow. Will be glad to get this quarter out of the way and move onto Q4. Hopefully the board give some good insights into revenues and bookings for Q4!
  • Garry
    2 days ago
    What a great buying opportunity. Once the airlines get back to full staffing this will recover.
  • Tanvir
    9 days ago
    Pure manipulation by big institutions driving down price for last couple of weeks ! TSA data shows air travel has increased dramatically to only 15% off the 2019 level vs expected 25% off. Plus international travel is opening up fully. Dovid daily cases in US, Canada, Mexico etc have been going down steadily. Scoop up these low prices now and cash in in just 3/4 moths , potential 40+% minimum return.

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