Sabre traded at $1.82 this Friday April 24th, increasing $0.07 or 4.00 percent since the previous trading session. Looking back, over the last four weeks, Sabre gained 20.53 percent. Over the last 12 months, its price fell by 16.90 percent. Looking ahead, we forecast Sabre to be priced at 1.78 by the end of this quarter and at 1.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sabre Corporation is a software and technology company that powers the global travel industry. The Company operates through two segments: Travel Solutions, and Hospitality Solutions. Its Travel Solutions segment provides global travel solutions for travel suppliers and travel buyers through a business-to-business travel marketplace consisting of its global distribution system (GDS) and a set of solutions that integrate with its GDS to add value for travel suppliers and travel buyers. Its Travel Solutions segment also offers a portfolio of software technology products and solutions, through software-as-a-service (SaaS) and hosted delivery model, to airlines and other travel suppliers and provides industry software solutions that help its customers. Its Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. It serve over 42,000 properties in 180 countries.