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Sabre Corporation (SABR - Free Report) was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $19.85 to $20.91 in the past one month time frame.
The move came after the company reported better than expected first-quarter 2018 results.
The company has seen no revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Sabre. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Sabre currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Is SABR going up? Or down? Predict to see what others think: Up or Down
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Sabre (SABR) Surges: Stock Moves 14.1% Higher
Sabre Corporation (SABR - Free Report) was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $19.85 to $20.91 in the past one month time frame.
The move came after the company reported better than expected first-quarter 2018 results.
The company has seen no revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Sabre. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Sabre currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Sabre Corporation Price
Sabre Corporation Price | Sabre Corporation Quote
A better-ranked stock in the Internet - Software and Services industry is Ellie Mae, Inc. , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SABR going up? Or down? Predict to see what others think: Up or Down
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>