Sally Beauty Holdings Inc (NYSE: SBH) is -5.65% lower on its value in year-to-date trading and has touched a low of $8.12 and a high of $13.96 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 $12.77 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $12.53, the stock is -2.59% and -2.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.31 million and changing -1.88% at the moment leaves the stock 5.16% off its SMA200. SBH registered 54.12% gain for a year compared to 6-month gain of 14.64%. The firm has a 50-day simple moving average (SMA 50) of $12.9036 and a 200-day simple moving average (SMA200) of $11.91535.
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The stock witnessed a -1.57% loss in the last 1 month and extending the period to 3 months gives it a -0.95%, and is -5.22% 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 3.24% over the week and 3.22% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $1.29B and $3.70B in sales. Current P/E ratio is 9.13 and Fwd P/E is 7.18. Profit margin for the company is 3.99%. Distance from 52-week low is 54.31% and -10.24% from its 52-week high. The company has generated returns on investments over the last 12 months (7.35%).
The EPS is expected to shrink by -9.16% this year
339.0 institutions hold shares in Sally Beauty Holdings Inc (SBH), with institutional investors hold 117.40% of the company’s shares. The shares outstanding are 106.27M, and float is at 102.06M with Short Float at 11.32%. Institutions hold 115.63% 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, the company’s. 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.
