On Dec 7, we issued an updated research report on Sabre Corporation SABR.
The company is a provider of technology solutions to the global travel and tourism industry via four segments — Sabre Airline Solutions, Sabre Hospitality Solutions, Sabre Travel Network and Travelocity. Its software, data, mobile and distribution solutions are used by clients to manage critical operations, such as passenger and guest reservations, revenue management, and flight, network and crew management.
Sabre has beaten the Zacks Consensus Estimate in each of the trailing four quarters, the average positive surprise being 11.57%.
We believe that impressive results will help sustain the stock’s momentum. Notably, shares of Sabre have gained 27.9% year to date against the industry’s decline of 13.5%.
Let’s delve deeper and analyze the prospects of the stock.
Factors Influencing the Stock
Sabre is benefiting from strong adoption of its solutions at its Travel Network and Hospitality Solutions business…