Ultime notizie per Sabre (NASDAQ:SABR) Azioni

Sabre

Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2023 revenue, split between distribution (78% of segment sales) and airline IT solutions (22%) revenue. The company also has a growing hotel IT solutions division (9% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.

Sabre Corp

SABRE ORD

SABRE INS GROUP PLC by SABRE INS GROUP PLC

Sabra Health Care REIT, Inc. - Common Stock

Sabra Health Care REIT Inc

SABRE GOLD MINES CORP by Sabre Gold Mines Corp.

Sabre Gold Mines Corp

SABRE INS GRP UNSP ADR by SABRE INS GROUP PLC

Sabre Insurance Group PLC

SABRE RESOURCES LTD by Sabre Resources Ltd.

Sabre Resources Ltd

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$45.00</td>
<td>$69.0K</td>
<td>6.5K</td>
<td>1.6K</td>
</tr>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$420.00</td>
<td>$27.7K</td>
<td>6.9K</td>
<td>1.1K</td>
</tr>
<tr>
<td>DAN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$11.00</td>
<td>$37.5K</td>
<td>1.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>LI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$30.00</td>
<td>$70.9K</td>
<td>11.3K</td>
<td>477</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$187.50</td>
<td>$25.3K</td>
<td>956</td>
<td>330</td>
</tr>
<tr>
<td>F</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.17</td>
<td>$32.0K</td>
<td>50.9K</td>
<td>283</td>
</tr>
<tr>
<td>SABR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$3.00</td>
<td>$33.3K</td>
<td>838</td>
<td>250</td>
</tr>
<tr>
<td>EDU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$70.00</td>
<td>$93.5K</td>
<td>185</td>
<td>209</td>
</tr>
<tr>
<td>CBRL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$45.00</td>
<td>$41.1K</td>
<td>425</td>
<td>209</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$80.00</td>
<td>$30.0K</td>
<td>1.8K</td>
<td>206</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a call option trade that happens to be neutral, expiring in 247 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $69.0K, with a price of $690.0 per contract. There were 6516 open contracts at this strike prior to today, and today 1664 contract(s) were bought and sold. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 93 day(s) on January 17, 2025. This event was a transfer of 550 contract(s) at a $420.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $50.0 per contract. There were 6972 open contracts at this strike prior to today, and today 1180 contract(s) were bought and sold. 
• For DAN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAN#NYSE">DAN</a>), we notice a call option trade that happens to be bullish, expiring in 30 day(s) on November 15, 2024. This event was a transfer of 500 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $75.0 per contract. There were 1162 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• Regarding LI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), we observe a call option sweep with bullish sentiment. It expires in 93 day(s) on January 17, 2025. Parties traded 452 contract(s) at a $30.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $70.9K, with a price of $157.0 per contract. There were 11385 open contracts at this strike prior to today, and today 477 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on October 18, 2024. Parties traded 35 contract(s) at a $187.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $725.0 per contract. There were 956 open contracts at this strike prior to today, and today 330 contract(s) were bought and sold. 
• For F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we notice a call option sweep that happens to be bullish, expiring in 93 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $12.17 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $32.0 per contract. There were 50902 open contracts at this strike prior to today, and today 283 contract(s) were bought and sold. 
• For SABR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>), we notice a call option trade that happens to be bullish, expiring in 429 day(s) on December 19, 2025. This event was a transfer of 249 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $134.0 per contract. There were 838 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold. 
• For EDU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on November 15, 2024. This event was a transfer of 199 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $93.5K, with a price of $470.0 per contract. There were 185 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold. 
• Regarding CBRL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>), we observe a put option sweep with bearish sentiment. It expires in 30 day(s) on November 15, 2024. Parties traded 208 contract(s) at a $45.00 strike. This particular put needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $41.1K, with a price of $202.0 per contract. There were 425 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option trade with bullish sentiment. It expires in 156 day(s) on March 21, 2025. Parties traded 150 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $200.0 per contract. There were 1879 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CBRL

CVNA

New Oriental Education & Technology Group

SABR

SBUX

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

News

Contracts

Tech

General

Riyadh Air Collaborates With Sabre To Adopt SabreMosaic Offer Optimization Technology That Provides The Intelligence To Be The First Carrier To Operate On Offer- And Order-based Technology Across The Entire Retail Spectrum From Its First Day Of Operations In 2025

flight inventory through Sabre's global network of travel buyers.
SOUTHLAKE, Texas, Oct. 3, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4269591-1&amp;h=2300094481&amp;u=http%3A%2F%2Fwww.sabre.com%2F&amp;a=Sabre+Corporation">Sabre Corporation</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>), a leading provider of software and technology that powers the global travel industry, announced today a multi-year distribution agreement with the Dominican flag carrier Arajet.
Under the agreement, Arajet will distribute its inventory of flights, offers and services through a vast network of travel agents across the world, giving Sabre-connected agents access to additional airline content to create personalized offers and experiences for their leisure travelers through the Sabre <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4269591-1&amp;h=3051953627&amp;u=https%3A%2F%2Fwww.sabre.com%2Ftransforming-global-distribution-system%2F&amp;a=Global+Distribution+System+(GDS)">Global Distribution System (GDS)</a>.

Sabre And Arajet Sign Multi-Year Distribution Agreement To Expand Reach And Boost Sales, Allowing The Airline To Strengthen The Distribution Of Its Flight Inventory Through Sabre's Global Network Of Travel Buyers.

Unlocking sustainability insights: Sabre first to apply Travel Impact Model for past emissions
SOUTHLAKE, Texas, Sept. 24, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260482-1&amp;h=3860969714&amp;u=https%3A%2F%2Fwww.sabre.com%2F&amp;a=Sabre+Corporation">Sabre Corporation</a> (NASDAQ; SABR), a leading software and technology company that powers the global travel industry, and Google have joined forces to use the Google's&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4260482-1&amp;h=3099866705&amp;u=https%3A%2F%2Ftravalyst.org%2Fwork%2Faviation-industry%2F&amp;a=Travel+Impact+Model+(TIM)">Travel Impact Model (TIM)</a> for the first time in calculating past emissions&nbsp;from business travel.
The joint pilot program involved a team of Google analysts using Sabre's 2023 business travel data to calculate flight-level corporate travel emissions and recommend strategies for future reductions. The project's findings will empower Sabre to help set realistic reduction targets and optimize travel efficiency.

GOOG

GOOGL

Sabre And Google Team Up For Pilot Program With Goal Of Reducing Environmental Impact Of Business Travel

Virgin Australia Partners With Sabre To Modernize Retailing Capabilities Using AI-Driven SabreMosaic Platform, Becoming Flagship Customer For Full Technology Adoption

PLAY Airlines Signs Multi-Year Distribution Agreement With Sabre, Providing Travel Agencies Access To Affordable Transatlantic Flights Between North America And Europe

Sabre Finalizes Renewal Of Distribution Agreement With Delta Air Lines

U.S. stock futures were higher this morning, with the S&amp;P 500 futures gaining around 0.2% on Wednesday.
Shares of Macy&#8217;s, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) fell sharply in today's pre-market trading after reporting weak <a href="https://www.benzinga.com/quote/M/earnings">second-quarter sales results.</a>
Macy&#8217;s reported quarterly earnings of 53 cents per share which beat the analyst consensus estimate of 29 cents per share. The company reported quarterly sales of $4.937 billion which missed the analyst consensus estimate of $5.118 billion.
Macy&#8217;s shares dipped 9.4% to $16.08 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Sabre Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>) shares declined 8.8% to $2.70 in pre-market trading. Sabre and WestJet recently expanded their long-term distribution deal to include NDC content.</li>
<li>JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) shares fell 7.5% to $26.05 in pre-market trading amid Walmart&#8217;s plan to sell its stake in the company.</li>
<li>Bitfarms Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BITF#NASDAQ">BITF</a>) shares fell 7.5% to $2.18 in pre-market trading after the company announced plans to acquire Stronghold Digital Mining.</li>
<li>Emergent BioSolutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) shares declined 6.6% to $9.00 in pre-market trading after dipping 20% on Tuesday.</li>
<li>Graphjet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTI#NASDAQ">GTI</a>) shares fell 6.4% to $2.62 in pre-market trading after jumping over 46% on Tuesday.</li>
<li>Allego N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLG#NYSE">ALLG</a>) shares slipped 5.2% to $1.82 in pre-market trading after jumping over 82% on Tuesday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40461302/top-3-tech-stocks-which-could-rescue-your-portfolio-this-quarter">Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter</a></li>
</ul>

Pre-Market Outlook

Markets

Movers

Trading Ideas

ALLG

BITF

Macy's Reports Weak Sales, Joins JD.com And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

Sabre Corporation And WestJet Sign Multi-Year Renewal Agreement To Provide Travel Agencies Access To Full Range Of NDC Offers And Traditional Content Through Sabre Global Distribution System

BKNG

Sabre Corporation And Priceline Announce Expanded Multi-Year Agreement To Drive Innovation And Growth In Travel Retailing, Enhancing Content For Travelers

Third and Fourth Quarters, and Full Year 2024 Financial Outlook
 &nbsp;
Sabre's third and fourth quarters and full year 2024 outlook is set forth below:
 &nbsp;
 &nbsp;
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">&nbsp;</td>
<td colspan="3">Q3 2024</td>
<td colspan="3">Q4 2024</td>
<td colspan="3">FY 2024</td>
</tr>
<tr>
<td colspan="3">Revenue</td>
<td colspan="3">~$775M</td>
<td colspan="3">~$725M</td>
<td colspan="3">
~$3,050M
Prior: ~$3,040M
</td>
</tr>
<tr>
<td colspan="3">Adjusted EBITDA</td>
<td colspan="3">~$135M</td>
<td colspan="3">~$120M</td>
<td colspan="3">
~$525M
Prior: ~$520M
</td>
</tr>
<tr>
<td colspan="3">Free Cash Flow</td>
<td colspan="3">Positive</td>
<td colspan="3">Positive</td>
<td colspan="3">Positive</td>
</tr>
<tr>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Sabre Sees Q3 Revenue ~$775M Vs $772.21M Est.; Q4 Revenue ~$725M Vs $728.35M Est.; Raises FY24 Revenue From $3.04B To $3.05B Vs $3.036B Est.

Sabre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.08) by 37.5 percent. This is a 70.59 percent increase over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $767.24 million which beat the analyst consensus estimate of $755.95 million by 1.49 percent. This is a 4.03 percent increase over sales of $737.53 million the same period last year.

Earnings

Sabre Q2 Adj EPS $(0.05) Beats $(0.08) Estimate, Sales $767.24M Beat $755.95M Estimate

<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4223114-1&amp;h=4130444062&amp;u=https%3A%2F%2Fwww.sabrehospitality.com%2F&amp;a=Sabre+Hospitality">Sabre Hospitality</a>, a division of <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4223114-1&amp;h=1722918851&amp;u=http%3A%2F%2Fwww.sabre.com%2F&amp;a=Sabre+Corporation">Sabre Corporation</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>), today announced the renewal of its long-term agreement with Wyndham Hotels &amp; Resorts, the world's largest hotel franchisor with more hotels than any other company in the world. Under this renewed agreement, Wyndham will continue to utilize Sabre's cloud based <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4223114-1&amp;h=125487897&amp;u=https%3A%2F%2Fwww.sabrehospitality.com%2Fsynxis-central-reservation-system%2F&amp;a=SynXis+Central+Reservation+System+(CRS)">SynXis Central Reservation System (CRS)</a> to manage its operations, reaffirming Sabre Hospitality as their exclusive global central reservation system provider for nearly two decades.
SynXis CRS is the leading global hospitality commerce and distribution platform, enabling hoteliers to achieve their strategic goals with streamlined distribution, centralized control, and greater flexibility. With this renewal, Wyndham will continue to benefit from efficient pricing and inventory management, extensive global distribution connectivity, robust bulk upload tools, and a fully integrated guest profile linked to its Wyndham Rewards&#xAE; program. The platform will also help Wyndham to maintain its competitive advantage while continuing to deliver memorable experiences to guests.

Sabre Hospitality And Wyndham Hotels & Resorts Extend Long-Term Relationship

Sabre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>), a leading software and technology company powering the global travel industry, today announced that American Airlines has renewed its subscription to PRISM, Sabre's industry-leading corporate travel contract management solution used by more than 30 of the world's premier airlines.
PRISM is a powerful business intelligence solution that goes beyond a simple data feed, providing robust data analytics as well as reporting and services to help airlines optimize their corporate travel contracts.

American Airlines Renews Subscription With Sabre PRISM

Travel agencies can book both NDC and traditional ATPCO/EDIFACT content through the Sabre global distribution system (GDS)

Sabre Offers NDC Content From Hawaiian Airlines

<h3>Gainers</h3>
<ul>
<li>Sacks Parente Golf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) stock rose 14.0% to $0.56 during Thursday's after-market session. The market value of their outstanding shares is at $8.1 million. </li>
<li>Smith &amp; Wesson Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) stock rose 8.71% to $17.83. The market value of their outstanding shares is at $811.5 million. The company's, Q4 earnings came out today. </li>
<li>Lobo EV Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOBO#NASDAQ">LOBO</a>) shares rose 6.78% to $2.83. The company's market cap stands at $23.1 million. </li>
<li>Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) stock moved upwards by 6.66% to $2.21. The company's market cap stands at $18.6 million. </li>
<li>Serve Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) stock increased by 4.83% to $1.95. The market value of their outstanding shares is at $72.3 million. </li>
<li>BARK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) shares rose 4.34% to $1.44. The company's market cap stands at $252.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>MGO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) stock decreased by 8.2% to $0.69 during Thursday's after-market session. The company's market cap stands at $12.4 million. </li>
<li>Zapp Electric Vehicles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) shares fell 6.78% to $2.2. The market value of their outstanding shares is at $6.8 million. </li>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) shares fell 4.11% to $0.23. The market value of their outstanding shares is at $9.7 million. </li>
<li>Xponential Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPOF#NYSE">XPOF</a>) shares decreased by 3.69% to $15.16. The market value of their outstanding shares is at $478.8 million. </li>
<li>Sabre (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>) shares decreased by 3.29% to $2.65. The market value of their outstanding shares is at $1.0 billion. </li>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) shares fell 3.22% to $0.96. The company's market cap stands at $9.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ATER

BARK

LOBO

MGOL

SERV

SPGC

SWBI

TKLF

XPOF

ZAPP

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

Sabre Corporation And Spotnana Expand Partnership With Integration Of Sabre's New Distribution Capability (NDC) Content; Enhancing Travel Industry Infrastructure With Travel-As-A-Service Platform

Sabre Hospitality To Showcase SynXis Concierge.AI At HITEC Charlotte; New AI-Powered Customer Service Solution Launches June 24-27, 2024

Frasers Hospitality And Sabre Partners To Deploy Sabre Hospitality's XynXis Retailing As Part Of Fraser's Retailing Strategy

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$177.50</td>
<td>$37.5K</td>
<td>6.3K</td>
<td>204.8K</td>
</tr>
<tr>
<td>FFIE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$2.00</td>
<td>$58.3K</td>
<td>1</td>
<td>78.3K</td>
</tr>
<tr>
<td>TUP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$2.00</td>
<td>$33.4K</td>
<td>6.6K</td>
<td>14.5K</td>
</tr>
<tr>
<td>SABR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$2.00</td>
<td>$537.1K</td>
<td>141</td>
<td>6.8K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$160.00</td>
<td>$33.6K</td>
<td>7.1K</td>
<td>4.9K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$120.00</td>
<td>$31.3K</td>
<td>32.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$35.00</td>
<td>$227.0K</td>
<td>931</td>
<td>1.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$195.00</td>
<td>$40.9K</td>
<td>11.2K</td>
<td>830</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$65.00</td>
<td>$1.1 million</td>
<td>328</td>
<td>700</td>
</tr>
<tr>
<td>GLBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$25.00</td>
<td>$74.4K</td>
<td>15.7K</td>
<td>383</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 501 contract(s) at a $177.50 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $75.0 per contract. There were 6300 open contracts at this strike prior to today, and today 204862 contract(s) were bought and sold. 
• For FFIE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 1214 contract(s) at a $2.00 strike. This particular put needed to be split into 89 different trades to become filled. The total cost received by the writing party (or parties) was $58.3K, with a price of $50.0 per contract. There were 1 open contracts at this strike prior to today, and today 78356 contract(s) were bought and sold. 
• For TUP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TUP#NYSE">TUP</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 2232 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $33.4K, with a price of $15.0 per contract. There were 6680 open contracts at this strike prior to today, and today 14553 contract(s) were bought and sold. 
• For SABR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SABR#NASDAQ">SABR</a>), we notice a put option trade that happens to be bullish, expiring in 945 day(s) on December 18, 2026. This event was a transfer of 6886 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $537.1K, with a price of $78.0 per contract. There were 141 open contracts at this strike prior to today, and today 6886 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on June 21, 2024. Parties traded 70 contract(s) at a $160.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $480.0 per contract. There were 7184 open contracts at this strike prior to today, and today 4987 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 245 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $120.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $313.0 per contract. There were 32769 open contracts at this strike prior to today, and today 1154 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a put option trade with bearish sentiment. It expires in 63 day(s) on July 19, 2024. Parties traded 1000 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $227.0K, with a price of $227.0 per contract. There were 931 open contracts at this strike prior to today, and today 1099 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bearish sentiment. It expires in 63 day(s) on July 19, 2024. Parties traded 120 contract(s) at a $195.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $40.9K, with a price of $342.0 per contract. There were 11262 open contracts at this strike prior to today, and today 830 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a put option trade that happens to be bearish, expiring in 609 day(s) on January 16, 2026. This event was a transfer of 700 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $1.1 million, with a price of $1710.0 per contract. There were 328 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold. 
• Regarding GLBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>), we observe a put option sweep with bullish sentiment. It expires in 154 day(s) on October 18, 2024. Parties traded 381 contract(s) at a $25.00 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $74.4K, with a price of $195.0 per contract. There were 15710 open contracts at this strike prior to today, and today 383 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

BABA

FFIE

GLBE

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Sabre renews distribution agreement with Delta Air Lines

The technology industry is experiencing significant growth owing to advanced innovations and increased government support. As a result, investing in fundamentally strong tech stocks Sabre Corporation (SABR), OppFi (OPFI), and Lantronix (LTRX) could be wise. These stocks, trading under $5, have the potential to double by year-end. Read more to find out… The technology sector shows strong growth prospects due to increased spending on Artificial Intelligence (AI), cloud computing, and cybersecurity. Analysts expect growth in 2024 from greater tech adoption in businesses, education, and healthcare, and the shift to hybrid work environments. Moreover, government support for innovation also boosts the tech industry's prospects.
Against this backdrop, investors might consider investing in fundamentally robust tech stocks such as Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>), OppFi Inc. (<a href="https://stocknews.com/stock/OPFI/">OPFI</a>), and Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>) to capitalize on the industry's tailwinds. Priced under $5, these stocks could double by the end of the year.
With a rising demand for faster connectivity, improved workspace standards, and digitization across sectors, the tech space is on its way to a massive boom in its prospects. Gartner forecasts an 8% year-over-year increase in worldwide IT spending, reaching <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">$5.06 trillion this year</a>.
The Biden-Harris administration's <a href="https://www.eda.gov/news/press-release/2024/07/02/biden-harris-administration-announces-next-funding-round-504-million">$504 million investment</a> in 12 Tech Hubs further fuels this momentum by funding critical projects, creating jobs, and boosting the nation's competitiveness. This investment also supports the growing need for high-quality hardware to meet complex processing demands, driving increased hardware sales.
Considering the positive trends in the industry, let us discuss the fundamentals of three tech stocks under $5, starting with #3.
Stock #3: Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>)
SABR is a software and technology company that drives the global travel industry, supporting a diverse array of travel businesses, from airlines and hotels to travel agencies and other suppliers. It operates through two segments: Travel Solutions; and Hospitality Solutions, serving customers in 160 countries.
On August 14, SABR announced the renewal of its <a href="https://investors.sabre.com/news-releases/news-release-details/sabre-and-westjet-expand-their-long-term-distribution-deal">multi-year distribution agreement with WestJet</a>, a major carrier based in Canada. The agreement aims to provide SABR-connected agencies with access to WestJet's innovative content, which includes future New Distribution Capability (NDC) offers.
The agreement is among many in SABR's list of innovations in travel and carrier-based partnerships. With innovations that work mostly for the convenience of its customers, SABR is securing its place in the industry by boosting consumer numbers and its overall growth.
On August 8, SABR announced a new, expanded, <a href="https://investors.sabre.com/news-releases/news-release-details/leading-online-travel-company-priceline-and-sabre-sign-expanded">multi-year agreement with Priceline</a>, a leading online travel agency, to deliver joint growth in travel retailing. Priceline will implement Sabre Direct Pay to enhance its travel payment processes, providing a more secure, automated, and integrated payment solution.
SABR is establishing a stable growth prospect and staying loyal to its customers by providing convenient payment methods to meet its growing needs.
SABR's revenue for the fiscal 2024 second quarter, which ended June 30, increased 4% year-over-year to $767.24 million. The company's adjusted operating income increased 132.1% from the prior year's quarter to $106.99 million. Its <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> grew 76.2% from the year-ago value to $128.69 million.
For the fiscal year 2025, analysts expect SABR's revenue and EPS to increase 5.9% and 194.1% year-over-year to $3.23 billion and $0.16, respectively. Furthermore, the company's EPS is expected to grow 53.5% annually over the next five years.
SABR shares have gained 6.9% over the past six months, closing the last trading session at $2.96.
SABR's positive outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
SABR is ranked #20 out of 75 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology – Services</a> industry. The stock has a B grade for Growth, Value, and Quality.
To see SABR's Stability, Sentiment, and Momentum ratings, <a href="https://stocknews.com/stock/SABR/">click here</a>.
Stock #2: OppFi Inc. (<a href="https://stocknews.com/stock/OPFI/">OPFI</a>)
OPFI is a tech-driven specialty finance platform expanding community banks' reach to provide credit access to everyday Americans. Through its mobile-optimized OppLoans platform, eligible applicants can voluntarily opt into the OPFI TurnUp Program, which helps them find more affordable credit options.
On August 1, OPFI announced its <a href="https://investors.oppfi.com/news/press-releases/2024/OppFi-Acquires-Equity-Interest-in-Bitty-Enters-Small-Business-Financing-Market/default.aspx">strategic acquisition of a 35% equity interest in Bitty Advance</a>, a credit access company specializing in revenue-based financing and working capital solutions. The acquisition also includes options for OPFI to gradually obtain majority and full company ownership.
OPFI is focused on expanding small business financing, particularly as it increasingly shifts online. The company expects Bitty's digital platform to leverage this growth, scale operations, and generate increased profits in the future.
For the fiscal 2024 second quarter that ended June 30, 2024, OPFI's total revenue increased 3.1% year-over-year to $126.30 million. Its adjusted EBT rose 55% from the year-ago value to $32.42 million.
Moreover, the company's adjusted net income and adjusted EPS stood at $24.78 million and $0.29, up 56.2% and 53.5% from the previous year's period, respectively.
Analysts expect OPFI's revenue for the fiscal fourth quarter ending December 2024 to increase 2.3% year-over-year to $135.91 million. Its EPS for the next quarter is expected to grow 46.7% from the prior year's period to $0.15. Plus, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
OPFI shares have gained 22.8% over the past month and 45.2% over the past three months, closing the last trading session at $4.69.
OPFI's robust prospects are reflected in its POWR Ratings. The stock has an overall B rating, translating to Buy in our proprietary rating system.
OPFI has an A grade for Sentiment and a B for Quality, Growth, and Momentum. It is ranked #16 in the 129-stock in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
To access OPFI's additional ratings for Stability and Value, Click <a href="https://stocknews.com/stock/OPFI/">here</a>.
Stock #1: Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>)
LTRX provides solutions for video surveillance, infotainment systems, and intelligent substation infrastructure. The company's IoT offerings comprise IoT System Solutions, Embedded IoT Modules, and Software and Engineering Services.
On June 27, LTRX announced the launch of its <a href="https://www.lantronix.com/newsroom/press-releases/lantronix-launches-new-eds5000-series-device-server/">new next-generation desktop</a> or 1U rack mountable EDS5000 series of device servers, supporting 8, 16, or 32 serial devices over Ethernet. These servers enable easy remote access and management of serial-based devices like medical equipment, POS terminals, and security systems.
As remote work environments grow, LTRX aims to enhance its customers' ability to maintain and expand serial connections over Ethernet, improving management and visibility and driving the company's growth through these innovations.
On April 16, LTRX announced the <a href="https://www.lantronix.com/newsroom/press-releases/lantronix-announces-new-fox4-and-bolero-43-edge-compute-trackers-expanding-its-award-winning-telematic-gateways-family/">launch of its FOX4 and Bolero 43</a> edge compute tracker telematic gateways. These new devices, designed for asset and fleet management, come pre-configured with the Percepxion IoT edge software platform for secure device management.
Innovations like these will help the company to keep a strong presence in the technology playing field and subtly grow its customer base and popularity due to its convenient tech solutions, driving its overall growth.
During the fiscal 2024 third quarter that ended on March 31, 2024, LTRX's net revenue increased 24.9% year-over-year to $41.18 million. Its non-GAAP gross profit rose 13.6% from the year-ago value to $16.91 million.
In addition, the company's non-GAAP net income amounted to $4.23 million and $0.11 per share, representing increases of 97.5% and 83.3% year-over-year, respectively.
Street expects LTRX's revenue and EPS for the fiscal fourth quarter ending June 2024 to increase 40.5% and 158.3% year-over-year to $49.06 million and $0.16, respectively. Furthermore, the company surpassed consensus revenue estimates in three of the four trailing quarters.
LTRX shares have gained 7.1% over the past five days closing the last trading session at $3.64.
LTRX's strong outlook is mirrored in its POWR Ratings. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
LTRX has an A grade for Growth and a B for Value, Sentiment, and Quality. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology – Hardware</a> industry, it is ranked #2 out of 39 stocks.
To see LTRX's Stability and Momentum ratings, <a href="https://stocknews.com/stock/LTRX/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
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SABR shares fell $0.26 (-8.78%) in premarket trading Wednesday. Year-to-date, SABR has declined -32.73%, versus a 18.29% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/sabr-opfi-ltrx-3-tech-stocks-under-5-that-could-double-by-year-end/>3 Tech Stocks Under $5 That Could Double by Year-End</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Under $5 That Could Double by Year-End

The technology industry is well-positioned for significant growth thanks to the growing popularity of software tools and platforms. Amid this backdrop, it could be wise to buy under $10 tech stocks, Sprinklr (CXM), Sabre Corp (SABR), and Enfusion, Inc. (ENFN), with significant upside potential. Continue reading… The tech industry is growing rapidly, fueled by rising demand for software solutions in diverse industries. Thus, investors could consider adding fundamentally sound tech stocks Sprinklr, Inc. (<a href="https://stocknews.com/stock/CXM/">CXM</a>), Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>), and Enfusion, Inc. (<a href="https://stocknews.com/stock/ENFN/">ENFN</a>) to their portfolios, which are currently trading under $10.
The Information Technology and Innovation Foundation reported that more than one-third of U.S. economic growth comes from tech sectors, which underscores its relevance. According to the <a href="https://www.forbes.com/advisor/education/it-and-tech/tech-industry-statistics-and-facts/">International Trade Administration</a>, the United States is home to one-third of the global IT market.
Moreover, businesses are increasingly pursuing automation solutions to enhance productivity and simplify operations. This emphasis on efficiency is a major factor driving the growing demand for IT services in automation. The global IT services market is expected to expand at a <a href="https://www.precedenceresearch.com/it-services-market">CAGR of 7.1% from 2024 to 2034</a>. 
Considering these factors, let's take a look at the fundamentals of the three tech stock picks.
Sprinklr, Inc. (<a href="https://stocknews.com/stock/CXM/">CXM</a>)
CXM provides enterprise cloud software products worldwide. The company operates the Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences. 
On June 6, 2024, CXM and Reddit announced an expanded strategic partnership. The partnership spans Reddit's Data and Advertising APIs, now open with Sprinklr as the first official partner.
CXM collaborates with numerous major global brands to unify teams, tools, and data for all customer-facing departments on a single platform. Strong partnerships with social and digital channels enable CXM customers to monitor and analyze brand-related conversations, optimize content for maximum reach and engagement, and customize advertising for optimal effectiveness and ROI.
CXM's forward EV/Sales of 2.33x is 20.4% lower than the industry average of 2.93x. Its forward EV/EBIT multiple of 17.54 is 11.8% lower than the industry average of 19.89.
CXM's total revenue for the fiscal first quarter that ended April 30, 2024, increased 13% from the year-ago value to $195.96 million. Its non-GAAP gross profit rose 10.1% year-over-year to $144.83 million. Moreover, its non-GAAP net income stood at $25.31 million, up 49.1% over the prior-year quarter. Also, its non-GAAP net income per share grew 50% year-over-year to $0.09.
Analysts expect CXM's revenue for the quarter ended July 30, 2024, to increase 8.9% year-over-year to $194.38 million. Its EPS is expected to be $0.07 for the same quarter. The company surpassed Street revenue and EPS estimates in each of the trailing four quarters, which is impressive.
The stock has gained marginally intraday, closing the last trading session at $8.97.
Based on 14 Wall Street analysts offering 12-month price targets for CXM in the last three months, <a href="https://www.tipranks.com/stocks/cxm/forecast">the average target price is $11.73</a>, indicating a 30.8% change from the last price, with a high forecast of $17 and a low forecast of $9.
CXM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
CXM has a B grade for Sentiment and Value. It is ranked #24 out of 127 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
Beyond what is stated above, we've also rated CXM for Growth, Momentum, Stability, and Quality. Get all CXM ratings <a href="https://stocknews.com/stock/CXM/">here</a>.
Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>)
SABR is a global software and technology powerhouse for the travel industry. The company provides an array of SaaS and hosted solutions, including reservation systems, commercial and operations products, and data-driven intelligence.
On August 21, 2024, SABR finalized a multi-year renewal of its distribution agreement with Delta Air Lines. The long-term agreement enables SABR-connected travel agents to access traditional EDIFACT and New Distribution Capability (NDC) content, enhancing their ability to provide comprehensive travel offers to their customers.
On June 24, 2024, SABR's Hospitality announced the launch of SynXis Retailing, a comprehensive retailing solution that includes standalone offers and automated fulfillment, enhancing hoteliers' revenue opportunities and guest satisfaction. This new platform enables the sale of experiences and services beyond room reservations, with automated fulfillment powered by Nuvola.
SABR's forward Price/Sales of 0.39x is 56.6% lower than the industry average of 0.89x. Its forward EV/EBIT multiple of 12.79 is 12.2% lower than the industry average of 14.57.
SABR's revenues for the second quarter ended June 30, 2024, increased 4% year-over-year to $767.24 million. The company's adjusted operating income increased 132% year-over-year to $106.99 million. Its adjusted EBITDA grew 76% from the year-ago value to $128.69 million.
Additionally, SABR's total current assets, as of June 30, 2024, stood at $1.17 billion, compared to $1.16 billion as of December 31, 2023.
Street expects SABR's revenue to increase 4.8% year-over-year to $3.05 billion for the year ending December 2024. The company's EPS for the same quarter is expected to be $0.09. Also, SABR surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive.
The stock has gained 15.1% over the past six months to close the last trading session at $3.05.
Based on two Wall Street analysts offering 12-month price targets for SABR in the last three months, <a href="https://www.tipranks.com/stocks/sabr/forecast">the average target price is $3.75</a>, indicating a 23% change from the last price, with a high forecast of $4 and a low forecast of $3.50.
SABR's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has a B grade for Growth, Value, and Momentum. SABR is ranked #20 out of 75 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
<a href="https://stocknews.com/stock/SABR/">Click here</a> to access the additional SABR ratings (Sentiment, Quality, and Stability).
Enfusion, Inc. (<a href="https://stocknews.com/stock/ENFN/">ENFN</a>)
ENFN provides software-as-a-service solutions for the investment management industry in the United States, Europe, the Middle East, Africa, and the Asia Pacific.
ENFN's 1.76x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 182.9% higher than the 0.62x industry average. Furthermore, the stock's 66.94% trailing-12-month gross profit margin is 35.1% higher than the 49.55% industry average.
During the second quarter, which ended June 30, 2024, ENFN's total revenues increased 15.8% year-over-year to $49.46 million. Gross profit surged 12.3% from the year-ago quarter to $33.49 million. Furthermore, the company's net income grew 155% and 200% year-over-year to $2.55 million and $0.02 per share, respectively.
For the quarter ending September 30, 2024, ENFN's EPS is expected to increase 77.3% year-over-year to $0.06. Its revenue for the same quarter is expected to grow 17.6% year-over-year to $52.17 million. It surpassed consensus revenue estimates in three of the trailing four quarters.
Based on four Wall Street analysts offering 12-month price targets for ENFN in the last three months, <a href="https://www.tipranks.com/stocks/enfn/forecast">the average target price is $9.67</a>, indicating a 16.7% change from the last price, with a high forecast of $11 and a low forecast of $8.
The stock gained 1.1% intraday, closing the last trading session at $8.29.
ENFN's POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has a B grade for Value and Growth. ENFN is ranked #26 in the Software - Application industry.
In addition to the POWR Ratings highlighted above, one can access ENFN's ratings (Quality, Momentum, Stability, and Sentiment) <a href="https://stocknews.com/stock/ENFN/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

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CXM shares were trading at $8.97 per share on Monday afternoon, up $0.07 (+0.79%). Year-to-date, CXM has declined -25.50%, versus a 19.34% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/cxm-sabr-enfn-3-tech-stocks-under-10-with-massive-upside-potential/>3 Tech Stocks Under $10 With Massive Upside Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Tech Stocks Under $10 With Massive Upside Potential

Sabre (SABR) has issued an update. Ann Bruder will step down as Sabre Corporation's Executive Vice President and Chief Legal Officer, transitioning...

Sabre Announces Executive Legal Leadership Transition

Sabre: Undervalued And Ready For Takeoff

High-risk, high-reward stocks are highly favored by investors having high risk tolerance to achieve potential returns. Hence, it could be ideal to keep an eye on fundamentally solid penny stocks Sabre Corp (SABR), Angi Inc. (ANGI) and Taboola.com (TBLA). Keep reading… Penny stocks are low-priced stocks with small market capitalization. Due to their illiquidity and wide bid-ask spread, they fall in the category of risky and speculative stocks. However, their potential for higher returns at low costs makes them an appealing investment choice.
Amid this backdrop, investors could consider keeping high-risk, high-reward penny stocks Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>), Angi Inc. (<a href="https://stocknews.com/stock/ANGI/">ANGI</a>) and Taboola.com Ltd. (<a href="https://stocknews.com/stock/TBLA/">TBLA</a>) on their watchlist.
The U.S. economy is soaring, as evidenced by the second quarter reports. The <a href="https://www.reuters.com/markets/us/us-economic-growth-regains-steam-second-quarter-inflation-slows-2024-07-25/">economy grew at a 2.8% rate in the second quarter</a>, with solid consumer spending growth and rising business investment. Inflation pressures have also eased recently. Followed by a historic <a href="https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html">interest rate cut</a> by the Fed in September.
Amid this, investors spread their money across different segments and different market caps. Among these are <a href="https://www.investopedia.com/updates/how-to-invest-in-penny-stocks/">penny stocks</a>, which are stocks of small publicly traded companies listed on stock exchanges for a price under $5.
Additionally, penny stocks have a strong advantage over high-priced stocks of possible price spikes to multi-dollar levels where investors stand to be rewarded well by investing significantly less, despite being associated with volatility.
Given the industry's bright prospects, let's delve into the fundamentals of some of the high-risk, high-reward stocks.
Sabre Corporation (<a href="https://stocknews.com/stock/SABR/">SABR</a>)
SABR is a software and technology company that drives the global travel industry, supporting a diverse array of travel businesses, from airlines and hotels to travel agencies and other suppliers. It operates through two segments: Travel Solutions; and Hospitality Solutions, serving customers in 160 countries.
On October 3, SABR and Arajet, a Dominican flag carrier, announced a multi-year distribution agreement by which Arajet will distribute its inventory of flights and services through its travel agents across the world, giving SABR agents access to additional airline content to create personalized offers and experiences for their leisure travelers through the Sabre Global Distribution System (GDS).
On September 24, SABR and Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>) announced a partnership to use Google's Travel Impact Model (TIM) for the first time in calculating past emissions from business travel. This project's findings will empower SABR to help set realistic reduction targets and optimize travel efficiency.
SABR's revenue for the fiscal 2024 second quarter, which ended June 30, increased 4% year-over-year to $767.24 million. The company's adjusted operating income increased 132.1% from the prior year's quarter to $106.99 million. Its <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> grew 76.2% from the year-ago value to $128.69 million.
For the fiscal year 2025, analysts expect SABR's revenue to increase 5.3% year-over-year to $3.21 billion. Its EPS is also expected to come at $0.21. 
SABR shares have gained 36.6% over the past six months, closing the last trading session at $3.51.
SABR's positive outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
SABR is ranked #19 out of 76 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry. The stock has a B grade for Growth, Value, and Quality.
To see SABR's Stability, Sentiment, and Momentum ratings, <a href="https://stocknews.com/stock/SABR/">click here</a>.
Angi Inc. (<a href="https://stocknews.com/stock/ANGI/">ANGI</a>)
ANGI connects home service professionals with consumers internationally. The company operates through three segments: Ads and Leads; Services; and International. It provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals. It also connects consumers with service professionals for local services.
ANGI's trailing-12-month gross profit margin of 95.51% is 85.1% higher than the industry average of 51.59%. Also, the stock's trailing-12-month asset turnover ratio of 0.68x is 37.1% higher than the industry average of 0.49x.
For the fiscal second quarter that ended June 30, 2024, ANGI reported revenue of $315.13 million. The company's operating income came in at $9.19 million, compared to an operating loss of $15.39 million in the previous-year quarter. Its adjusted EBITDA increased 115% year-over-year to $42.20 million.
Additionally, the company's net earnings and EPS came in at $3.76 million and $0.01 compared to losses of $14.70 million and $0.03 in the prior year's period, respectively.
Street expects ANGI's revenue for the fiscal year (ending December 2025) to increase 1.7% year-over-year to $1.21 billion. Street expects the company to report an EPS of $0.06 for the same period indicating a significant year-over-year increase. Moreover, ANGI has surpassed consensus EPS estimates in three of the trailing four quarters, which is impressive.
ANGI's stock has soared 8.7% over the past six months to close the last trading session at $2.49.
ANGI's POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has a B grade for Value, Quality, and Sentiment. It is ranked #6 in the 52-stock A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what is stated above, we've also rated ANGI for Growth, Stability, and Momentum. Get all ANGI ratings <a href="https://stocknews.com/stock/ANGI/">here</a>.
Taboola.com Ltd. (<a href="https://stocknews.com/stock/TBLA/">TBLA</a>)
TBLA operates an artificial intelligence-based algorithmic engine platform internationally. The company offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.
On October 2, TBLA announced a partnership with Jounce Media, an industry leader in programmatic supply chain management, to verify that the TBLA Select publisher network is free from Made for Advertising (MFA) properties. Making its network MFA-free is a positive step that serves both marketers and publishers.
On August 30, TBLA unveiled its performance advertising-focused bidding technology, Maximize Conversions, for all advertisers. Maximize Conversions is an AI-powered technology that allows TBLA advertisers to drive more conversions and lower costs for campaigns.
TBLA's revenues for the fiscal second quarter that ended June 30, 2024, increased 29% year-over-year to $428.20 million. Its gross profit grew 18.2% from the year-ago value to $144.80 million. The company's adjusted EBITDA came in at $37.23 million, reflecting a growth of 137.7% from the prior year's quarter.
In addition, the company's cash and cash equivalents were $182.20 million as of June 30, 2024, compared to $176.11 million as of December 31, 2023.
Analysts expect TBLA's revenue and EPS for the third quarter (ending September 2024) to increase 19.2% and 321.1% year-over-year to $429.40 million and $0.08, respectively. Also, the company has topped the consensus EPS estimate in all of the trailing four quarters.
Shares of TBLA have surged marginally over the past month to close the last trading session at $3.28.
TBLA's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Sentiment and a B for Value and Growth. Within the B-rated <a href="https://stocknews.com/category/advertising/">Advertising</a> industry, TBLA is ranked #2 out of 16 stocks.
<a href="https://stocknews.com/stock/TBLA/">Click here</a> to access additional ratings of TBLA for Momentum, Stability, and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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SABR shares were trading at $3.35 per share on Monday afternoon, down $0.16 (-4.56%). Year-to-date, SABR has declined -23.86%, versus a 20.45% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Dutta</h2> <img src='https:/wp-content/uploads/2021/08/Anushka-Dutta_Headshot_3.jpg' style="float:left; padding:5px;width:125px;">Anushka is an analyst whose interest in understanding the impact of broader economic changes on financial markets motivated her to pursue a career in investment research.<a href="https://stocknews.com/authors/?author=anushka-dutta">More...</a>The post <a href=https://stocknews.com/news/sabr-angi-tbla-googl-3-high-risk-high-reward-penny-stocks-to-watch/>3 High-Risk, High-Reward Penny Stocks to Watch</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Risk, High-Reward Penny Stocks to Watch

Riyadh Air collaborates with Sabre for offer optimization

The latest announcement is out from Sabre ( ($SABR) ). Sabre Corporation has appointed Eric L. Kelly, a seasoned technology industry executive with...

Sabre Appoints Eric L. Kelly to Board

ANGI

ENFN

LTRX

OPFI

TBLA

Press Releases

Malaysia Airlines selects Sabre's PRISM to optimize the experience for corporate travelers

PLAY airlines Signs Distribution Agreement with Sabre

Virgin Australia partners with Sabre to pioneer modern airline retailing via SabreMosaic™

Sabre and Google team up for pilot program with goal of reducing environmental impact of business travel

Sabre releases 2024 Sustainability Report, introducing new Travel Positive strategy

Sabre and Arajet sign long-term distribution agreement to expand reach and boost sales

Riyadh Air Selects SabreMosaic™ to Power Next-Gen Retailing and Offer Optimization

LOTTE HOTELS & RESORTS migrates to Sabre SynXis Central Reservations System

Sabre Announces New Board Appointment

Sabre announces upcoming webcast of its third quarter 2024 earnings conference call

Airbnb

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Atour Lifestyle Holdings

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Choice Hotels International, Inc. Common Stock

Choice Hotels Intl

Despegar.com

Expedia Group

Global Business Travel Group, Inc. Class A Common Stock

Global Business Travel

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share

GreenTree Hospitality Gr

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Hyatt Hotels

Hilton Grand Vacations

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Hilton Worldwide Holdings

H World Group Limited - American Depositary Shares

H World Group

Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share)

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