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Sally Beauty Holdings Inc (SBH) Looks Ready for Growth Despite -29.07% Change This Year

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Sally Beauty Holdings Inc (NYSE: SBH) is -29.07% lower on its value in year-to-date trading and has touched a low of $7.21 and a high of $13.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SBH stock was last observed hovering at around $10.27 in the last trading session, with the day’s loss setting it -0.85%.

Currently trading at $9.42, the stock is -14.81% and -14.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing -8.28% at the moment leaves the stock -16.11% off its SMA200. SBH registered -19.76% loss for a year compared to 6-month loss of -25.65%.

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The stock witnessed a -12.86% gain in the last 1 month and extending the period to 3 months gives it a -12.62%, and is -15.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.76% over the week and 4.77% over the month.

Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $975.06M and $3.69B in sales. Current P/E ratio is 6.37 and Fwd P/E is 5.10. Profit margin for the company is 4.36%. Distance from 52-week low is 30.65% and -32.28% from its 52-week high. The company has generated returns on investments over the last 12 months (8.10%).

The EPS is expected to shrink by -7.43% this year.

Sally Beauty Holdings Inc (SBH) Top Institutional Holders

The shares outstanding are 106.27M, and float is at 101.98M with Short Float at 15.37%.

Sally Beauty Holdings Inc (SBH) Insider Activity

The most recent transaction is an insider sale by Sherman Scott C. SEC filings show that Sherman Scott C sold 10,000 shares of the company’s common stock on Feb 22 ’24 at a price of $12.95 per share for a total of $0.13 million. Following the sale, the insider now owns 35014.0 shares.

Sally Beauty Holdings Inc disclosed in a document filed with the SEC on Dec 12 ’23 that Paulonis Denise (President & CEO) bought a total of 4,000 shares of the company’s common stock. The trade occurred on Dec 12 ’23 and was made at $11.29 per share for $45160.0. Following the transaction, the insider now directly holds 0.17 million shares of the SBH stock.

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