Sally Beauty Holdings Inc (NYSE: SBH) is -2.56% 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 $12.50 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $12.94, the stock is 1.99% and 11.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 3.52% at the moment leaves the stock 10.66% off its SMA200. SBH registered 37.37% gain for a year compared to 6-month loss of 9.29%.
The stock witnessed a 14.01% gain in the last 1 month and extending the period to 3 months gives it a 20.04%, and is 8.38% up 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 4.22% over the week and 3.38% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $1.33B and $3.70B in sales. Current P/E ratio is 9.43 and Fwd P/E is 7.27. Profit margin for the company is 3.99%. Distance from 52-week low is 79.47% and -6.97% from its 52-week high. The company has generated returns on investments over the last 12 months (7.35%).
with sales reaching $935.78M over the same period.The EPS is expected to shrink by -9.16% this year, but quarterly earnings will post -0.30% year-over-year. Quarterly sales are estimated to grow 1.60% in year-over-year returns.
Sally Beauty Holdings Inc (SBH) Top Institutional Holders
338.0 institutions hold shares in Sally Beauty Holdings Inc (SBH), with institutional investors hold 120.90% of the company’s shares. The shares outstanding are 106.27M, and float is at 102.08M with Short Float at 14.45%. Institutions hold 119.09% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.29 million shares valued at $174.82 million. The investor’s holdings represent 15.6244% of the SBH Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 15.01 million shares valued at $161.04 million to account for 14.3932 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.28 million shares representing 11.7751% and valued at over $131.75 million, while STATE STREET CORP holds 4.2811 of the shares totaling 4.46 million with a market value of $47.9 million.
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.
