|Bid||21.25 x 900|
|Ask||21.27 x 800|
|Day's Range||21.05 - 21.58|
|52 Week Range||19.41 - 26.40|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||24.15|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||0.56 (2.62%)|
|1y Target Est||25.42|
Sabre Corp. is making an acquisition even as it clashes with the U.S. over another. The travel-software company has purchased Radixx, a technology provider that targets the low-cost carrier space, Sabre (Nasdaq: SABR) said in a statement on Wednesday. The deal will cost Sabre about $110 million, including payments to debt holders, from cash on-hand.
Sabre, the largest travel technology provider in North America, said on Wednesday it had acquired Radixx, a seller of passenger service systems to small and budget airlines such as FlyDubai, for about $110 million in cash, including payments to debtholders. Sabre expects Radixx will generate about $20 million of revenue in 2019. Radixx's flagship product […]
SOUTHLAKE, Texas, Oct. 16, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider at the center of the business of travel, today announced its acquisition of Radixx, a leading airline retailing software provider with an established presence in the low cost carrier (LCC) space. LCCs have grown twice as fast as full-service carriers over the past five years and now total nearly 30 percent of global passengers boarded annually. Sabre expects the acquisition to help the company offer retailing, distribution and fulfillment capabilities to serve this rapidly expanding market. Radixx's signature products are a best-in-class LCC passenger service system (PSS) and internet booking engine (IBE).
SINGAPORE, Oct. 14, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, today announced that Vietnam Airlines is the first carrier in Asia Pacific to leverage the industry-leading loyalty redemption solution, Sabre Dynamic Rewards. Marking a new milestone in its long-term alliance with Sabre, Vietnam Airlines is upscaling its Lotusmiles loyalty program and delivering an optimized offering to its customers. Equipped with new ways to redeem rewards across digital and offline channels, the Sabre solution, fuelled by the Sabre Commercial Platform, is providing an enhanced redemption experience for the carrier's most frequent travellers.
JEDDAH, Saudi Arabia and MANAMA, Bahrain, Oct. 11, 2019 /PRNewswire/ -- Eirad International Tours and Travels has signed a new technology agreement with Sabre Corporation (SABR), the leading technology provider to the global travel and tourism industry, to expand its reach in the region and enrich the customer experience through unrivaled service levels. The agreement provides Eirad International Tours and Travels with continued access to Sabre's portfolio of innovative technology across the region, including its industry-leading workflow Sabre Red 360 and the latest mobile, data analytics, personalization and automation capabilities.
SOUTHLAKE, Texas, Oct. 10, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, today announced that it has extended its long-term relationship with Aeromexico – Mexico's global airline that serves 88 cities in three continents. Aeromexico will continue utilizing Sabre's passenger service system (PSS), expand its use of the Sabre Commercial Platform and enhance its utilization of Sabre's global distribution system.
ROME and SOUTHLAKE, Texas, Oct. 8, 2019 /PRNewswire/ -- Space Hotels, an Italian hospitality group founded in 1974, has selected Sabre Hospitality Solutions as distribution provider and business partner for its more than 60 affiliated hotels in Italy. After an intensive search, Space Hotels selected Sabre Hospitality Solutions due to its comprehensive suite of products and services. The group will benefit from the Sabre SynXis Platform's advanced technology to update operations for its current portfolio and grow its footprint, while supporting an effective, future-ready strategy that will help maximize revenue of both direct and indirect channels.
WARSAW, Poland and LONDON, Oct. 8, 2019 /PRNewswire/ -- eSky, one of Central and Eastern Europe's fastest-growing online travel companies, and Sabre Corporation (SABR), the leading technology provider to the global travel industry, have signed a new distribution agreement that will power growth in new markets. Through Sabre, eSky will have access to content from more than 420 airlines, 750,000 hotels, and hundreds of tour operators, rail, car and cruise providers, enabling it to sell personalized travel packages from suppliers all over the world.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
MADRID, Oct. 4, 2019 /PRNewswire/ -- Spanish travel consolidator Grupo CDV has selected global travel technology provider, Sabre Corporation (SABR), to power its growth across Spain through its 5,500 affiliated travel agencies. The multi-year technology agreement will see Sabre provide the latest technology, including superior low fare search powering air shopping, workflow efficiency tools and data and business intelligence, to support the Alicante-based travel specialist's vision to deliver a more personalized service for customers. The travel agency company will use Sabre's web services to increase online bookings.
At stake is a Sabre’s $360 million deal for Farelogix. In August, the U.S. Department of Justice filed a civil seeking to block the deal.
MANAMA, Bahrain, Sept. 23, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the travel industry, announced the signing of a long-term agreement with Magnum Travel Services, a travel management company fully owned by World Travel Services, one of the leading and most well-established travel companies in the Kingdom of Bahrain. Through the renewed partnership, Magnum will extend its use of Sabre's industry-leading technology and solutions to expand its footprint regionally and explore the online travel space. World Travel Services has worked with Sabre for more than a decade to enable corporate travel companies to enhance the experience for its business travelers.
SINGAPORE , Sept. 18, 2019 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, today announced a collaboration with Singapore Airlines for the ...
Sabre said this week that the U.S Department of Justice suit to block the company's acquisition of tech vendor Farelogix was "fatally flawed" and denied all of the allegations. The lawsuit, which the Justice Department launched on Aug. 20, alleged the $360 million merger would give Sabre too much control in airline distribution technology. Sabre's […]
Amdocs' (DOX) solutions will help Altice Portugal modernize operations across its wireless, wireline, broadband Internet and television lines of business for consumers and enterprise customers.
LONDON, Sept. 6, 2019 /PRNewswire/ -- One of the world's largest airline groups, International Airlines Group (IAG) has selected Sabre Corporation's (SABR) Sabre AirVision Profit Manager technology, and migrates to Amazon Web Services (AWS) across all of its Sabre AirVision Planning and Scheduling solutions. The cutover includes British Airways, Iberia, Iberia Express, and Vueling, making the airline group Sabre's largest Planning & Scheduling customer using the solutions and operating on AWS.
LONDON and SOUTHLAKE, Texas, Sept. 4, 2019 /PRNewswire/ -- Sabre Corporation (SABR), the leading technology provider to the global travel industry, is a Gold Sponsor of the 2019 World Aviation Festival. One of the largest annual aviation shows, the World Aviation Festival brings together major airlines, airports and travel technology companies, offering an open exchange platform to drive the industry forward. During the Aviation IT track, Yousif Yousif, Head of Commercial Systems, Etihad Airways will join Rodrigo Celis, Senior Vice President, Commercial Solutions, Sabre to discuss Etihad's vision for digital transformation.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Britain's competition watchdog on Monday launched an investigation into the U.S. travel technology provider Sabre Corp's proposed $360 million acquisition of smaller rival Farelogix Inc, saying the deal could raise prices for platforms used by airlines and travel agents to sell tickets. The UK Competition and Markets Authority's investigation follows an initial review of the deal by the regulator last month and comes two weeks after the U.S. Justice Department sued to block the merger, escalating pressure on the companies to call off the combination. Both Sabre and Farelogix provide information technology systems that allow hotel and airline bookings through travel agencies.
MANAMA, Bahrain and LONDON , Aug. 27, 2019 /PRNewswire/ -- Apiso and Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, announced today a long-term partnership ...