Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveller experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.
Company profile
Ticker
SABR, SABRP
Exchange
Website
CEO
Sean Menke
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alphabet • Meta Platforms • Rackspace Technology • IHS Markit • IAC • Baidu • Bumble • Match • Twitter • Cyxtera ...
SEC CIK
Corporate docs
Subsidiaries
Airline Technology • Asiana Sabre Inc. • E-Beam Limited • Excellent Management Limited • EZY Webwerksraden AB • Flight Operations Holdings, LLC • FlightLine Data Services, Inc. • GetThere Inc. • GetThere L.P. • IHS US Inc. ...
SABR stock data
Analyst ratings and price targets
Current price
Average target
$6.50
Low target
$6.00
High target
$7.00
Morgan Stanley
Maintains
$7.00
Mizuho
Maintains
$6.00
Latest filings (excl ownership)
8-K
Sabre Corporation Announces Upsizing and Pricing of Senior Secured Notes Offering
21 Nov 22
8-K
Sabre Corporation Announces Offering of Senior Secured Notes
21 Nov 22
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Sabre reports third quarter 2022 results including the highest monthly rate of recovery for gross air bookings since the COVID-19 pandemic began
2 Nov 22
8-K
Sabre Elects Rachel Gonzalez to its Board of Directors
20 Oct 22
8-K
Regulation FD Disclosure
7 Sep 22
8-K
Sabre Corporation Announces Refinancing of Term B Loans
19 Aug 22
10-Q
2022 Q2
Quarterly report
2 Aug 22
8-K
Sabre highlights improvement in volume metrics, better financial performance and reports second quarter 2022 results
2 Aug 22
8-K
Sabre Announces Retirement of its Chief Financial Officer, Doug Barnett
28 Jul 22
Transcripts
SABR
Earnings call transcript
2022 Q3
2 Nov 22
SABR
Earnings call transcript
2022 Q2
2 Aug 22
SABR
Earnings call transcript
2022 Q1
3 May 22
SABR
Earnings call transcript
2021 Q4
15 Feb 22
SABR
Earnings call transcript
2021 Q3
2 Nov 21
SABR
Earnings call transcript
2021 Q2
3 Aug 21
SABR
Earnings call transcript
2021 Q1
4 May 21
SABR
Earnings call transcript
2020 Q4
16 Feb 21
SABR
Earnings call transcript
2020 Q3
6 Nov 20
SABR
Earnings call transcript
2020 Q2
7 Aug 20
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 803.80 mm | 803.80 mm | 803.80 mm | 803.80 mm | 803.80 mm | 803.80 mm |
| Cash burn (monthly) | 69.81 mm | 20.08 mm | 47.05 mm | 49.62 mm | 34.33 mm | 27.14 mm |
| Cash used (since last report) | 152.90 mm | 43.99 mm | 103.05 mm | 108.68 mm | 75.19 mm | 59.43 mm |
| Cash remaining | 650.90 mm | 759.81 mm | 700.75 mm | 695.12 mm | 728.61 mm | 744.36 mm |
| Runway (months of cash) | 9.3 | 37.8 | 14.9 | 14.0 | 21.2 | 27.4 |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 328 |
| Opened positions | 47 |
| Closed positions | 45 |
| Increased positions | 99 |
| Reduced positions | 113 |
| 13F shares | Current |
|---|---|
| Total value | 1.71 bn |
| Total shares | 319.54 mm |
| Total puts | 7.24 mm |
| Total calls | 13.94 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 39.67 mm | $204.30 mm |
| Vanguard | 32.27 mm | $166.17 mm |
| Fundsmith | 22.73 mm | $117.07 mm |
| IVZ Invesco | 17.50 mm | $90.12 mm |
| Earnest Partners | 15.59 mm | $80.29 mm |
| Apollo Management | 14.40 mm | $74.16 mm |
| Yiheng Capital Management | 10.42 mm | $53.67 mm |
| Oak Hill Advisors | 10.18 mm | $52.41 mm |
| Perry Creek Capital | 7.67 mm | $39.52 mm |
| Massachusetts Financial Services | 7.64 mm | $39.33 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Nov 22 | Michael O Randolfi | Common Stock | Buy | Acquire P | No | No | 4.75 | 25,000 | 118.75 k | 209,170 |
| 22 Nov 22 | Michael O Randolfi | Common Stock | Buy | Acquire P | No | No | 4.8 | 75,000 | 360.00 k | 184,170 |
| 31 Oct 22 | Mandel Gail | Common Stock | Sell | Dispose S | No | Yes | 5.56 | 715 | 3.98 k | 51,341 |
| 20 Oct 22 | Gonzalez Rachel A | Common Stock | Grant | Acquire A | No | No | 0 | 70,922 | 0.00 | 70,922 |
| 15 Oct 22 | Kindle Jami | Common Stock | Payment of exercise | Dispose F | No | No | 5.41 | 822 | 4.45 k | 121,790 |
News
Air Niugini Renews Distribution And Distributor Agreements With Sabre As The Carrier Enters Its 50th Year
30 Nov 22
Nexstar Media Group To Replace Sabre In S&P MidCap 400, Sabre To Replace Flagstar Bancorp In S&P SmallCap 600; PBF Energy To Replace Nu Skin Enterprises In S&P MidCap 400, Nu Skin Enterprises To Replace PBF Energy In S&P SmallCap 600
28 Nov 22
Google Cloud Managers Likely To Be Hit By Pay Cuts As Deal Growth Dries Up
21 Nov 22
Sabre To Raise $535M Via Institutional Senior Note Offering For Debt Repayment
21 Nov 22
Sabre partners With Trava To Digitalize Post Booking For Travel Agents
16 Nov 22
Press releases
Nexstar Media Group and PBF Energy Set to Join S&P MidCap 400; Sabre and Nu Skin Enterprises to Join S&P SmallCap 600
28 Nov 22
Sabre, Conferma Pay and Mastercard Join Forces to Power the Travel Economy with Virtual Cards
28 Nov 22
Sabre Corporation Announces Upsizing and Pricing of Senior Secured Notes Offering
21 Nov 22
Sabre Corporation Announces Offering of Senior Secured Notes
21 Nov 22
Sabre launches partnership with Girls Who Code
17 Nov 22