Use This Chance To Buy Sabre Corporation (SABR), Dollar General Corporation (DG)

A look at SABR technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 53.24 point. Its trading volume has lost -61066 shares compared to readings over the past three months as it recently exchanged 2138934 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 2200000 shares, and this is 0.97 times the normal volume.

Sabre Corporation (NASDAQ:SABR) dipped by -7.13% over the past three months which led to its overall six-month decrease to stand at -6.46%. The equity price sank -0.34% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a 3.72% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 27.31% and is now up by 8.36% since start of this year.

The shares of Sabre Corporation dropped by -12.43% or -$3.33 from its last recorded high of $26.78 which it attained on July 24 to close at $23.45 per share. Over the past 52 weeks, the shares of Sabre Corporation has been trading as low as $17.91 before witnessing a massive surge by 30.93% or $5.54. This price movement has led to the SABR stock receiving more attention and has become one to watch out for. It dipped by -1.1% on Monday and this got the market worried. The stock’s beta now stands at 0.86 and when compared to its 200-day moving average and its 50-day moving average, SABR price stands -4.1% below and 1.4% above respectively. Its average daily volatility for this week is 1.84% which is less than the 2% recorded over the past month.

Experts from research firms are bullish about the near-term performance of Sabre Corporation (SABR) with most of them predicting a $25.78 price target on a short-term (12 months) basis. The average price target by the analysts will see a 9.94% rise in the stock and would lead to SABR’s market cap to surge to $6.99B. The stock has been rated an average 2.5, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 10 analysts that track Sabre Corporation (NASDAQ:SABR) and find out that 4 of them rated it as a Hold. 4 of the 6 analysts rated it as a Buy or a Strong Buy while 2 advised investors to desist from buying the stock or sell it if they already possess it.

The price of Dollar General Corporation (NYSE:DG) currently stands at $117.25 after it went up by $0.93 or 0.8% and has found a strong support at $116.38 a share. If the DG price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $115.51 mark would also be bad for the stock as it means that the stock would plunge by 1.48% from its current position. However, if the stock price is able to trade above the resistance point around $117.83, then it could likely surge higher to try and break the upward resistance which stands at $118.41 a share. Its average daily volatility over the past one month stands at 1.51%. The stock has plunged by 0.99% from its 52-weeks high of $116.095 which it reached on Aug. 11, 2018. In general, it is 27.04% above its 52-weeks lowest point which stands at $85.54 and this setback was observed on Sep. 03, 2018.

Analysts have predicted a price target for Dollar General Corporation (DG) for 1 year and it stands at an average $118.07/share. This means that it would likely increase by 0.7% from its current position. The current price of the stock has been moving between $116.095 and $117.545. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $101. On the other hand, one analyst is super bullish about the price, setting a target as high as $129.

The DG stock Stochastic Oscillator (%D) is at 85.68%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.24 which compares to the 1.18 recorded by the industry or the 129 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.59, which is lower than the 20.87 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 9.5% over the past five years.

Analysts view Dollar General Corporation (NYSE:DG) as a Buy, with 2 consensus rating. Reuters surveyed 29 analysts that follow DG and found that 10 of those analysts rated the stock as a Hold. The remaining 19 were divided, with 19 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Dollar General Corporation (DG) shares or sell it if they already own it.