Sabre Corp
SABR: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$5.00 | Ycmtjrp | Hgfdjfrb |
Sabre Earnings: Air Volume Share Gains and Sales, Profit, Free Cash Flow Improvement; Shares Cheap
Sabre’s first quarter showed demand and profitability improvement, leading management to increase its 2024 sales and EBITDA guidance near our preprint forecast. We don’t expect a material change to our $5 fair value estimate, leaving shares of this narrow-moat company undervalued.