Sabre’s 1Q Highlights Our View That Its Technology Offering Is Gaining Altitude; Shares Undervalued
Sabre’s first quarter supports our view that its technology offering is gaining altitude. Driven by a healthy macro and increased adoption of solutions, Sabre lifted its 2018 sales and free cash flow growth guidance to 4%-7% (4%-6% prior) and 18% (8%), respectively, which compares with our existing 3.5% and 9.5% forecast. As a result, we plan to boost our $26 fair value estimate by $1. Despite the positive reaction to first-quarter results, investors still have an opportunity to own shares of a ...Sabre is a technology solutions provider to the travel and tourism industry. The company operates through three business segments: Travel Network, which consists primarily of its global distribution system (GDS) and a range of solutions that integrate with its GDS; Airline Solutions, which provides 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 software solutions; and Hospitality Solutions, which provides software and solutions, through SaaS and hosted delivery model, to hoteliers around the world.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.