Sabre's stock price today is $3.06/share. This price is lower than it was on March 20, 2020 after the markets nose-dived in response to Covid 19. The stock price on March 20, 2020 was $3.31/share. The leaders of the company are stealing from the shareholders by decreasing the value of the company over the last 5 years. They have no shame! wtf?
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Avg Joe and retirees now with much more time than money in IRA are going to travel via a browser than looking out that window seat. Going to be tough slog for 1S and even lower PB’s
Living under the rock I see... Play stupid games, win stupid prizes. Let's just say that flying won't be on average Joe mind when the dust settles.
What is going on with stock price? Does anyone know?
Sabre management even have the gall to boast about gaining share! Those are clearly the scraps from Travelport that Amadeus is kind enough to leave to Sabre. Bottom line is that Sabre was a $4bn revenue company just pre-covid, and it's now at $3bn a year, whereas Amadeus has gone from $6bn to $6.5bn in annual sales over the same period. Amadeus is back to its 27% pre-covid EBIT margins, while Sabre is languishing at 11%, lower than the 12-13% it was doing pre-covid, despite all the supposed "cost savings" from layoffs and technology improvements. Management needs to be straight with shareholders because clearly the cheerleader narrative saying that the future's never been brighter is not flying anymore - unlike passengers who are back in the air via Amadeus. It's almost impressive how such a fundamentally sound business model can be messed up so badly by years and years of incompetence - starting of course with TPG who drowned it in debt.
How low to go before buying the dip?? 2.60 today
Well, It seems that incompetent leadership is just the new American thing.
Very sad when you consider the stock market has reached record highs during this time, and Sabre's competitors are stealing their clients because no one wants to do business with a company which may go out of business!
Ineptitude