Sally Beauty Holdings Inc (NYSE: SBH) is -4.14% lower on its value in year-to-date trading and has touched a low of $9.06 and a high of $14.79 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 $13.23 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $12.73, the stock is -4.94% and -2.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing -3.78% at the moment leaves the stock 6.57% off its SMA200. SBH registered 19.42% gain for a year compared to 6-month gain of 13.56%. The firm has a 50-day simple moving average (SMA 50) of $13.1326 and a 200-day simple moving average (SMA200) of $11.9472.
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The stock witnessed a -2.68% loss in the last 1 month and extending the period to 3 months gives it a 8.16%, and is -8.61% 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 4.54% over the week and 4.50% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $1.33B and $3.72B in sales. Current P/E ratio is 8.85 and Fwd P/E is 6.32. Profit margin for the company is 4.13%. Distance from 52-week low is 40.51% and -13.93% from its 52-week high. The company has generated returns on investments over the last 12 months (7.35%).
The EPS is expected to grow by 9.07% this year.
Sally Beauty Holdings Inc (SBH) Top Institutional Holders
336.0 institutions hold shares in Sally Beauty Holdings Inc (SBH), with institutional investors hold 118.20% of the company’s shares. The shares outstanding are 101.85M, and float is at 101.01M with Short Float at 11.44%. Institutions hold 116.42% 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 13,500 shares of the company’s common stock on Nov 25 ’24 at a price of $14.49 per share for a total of $0.2 million. Following the sale, the insider now owns 42431.0 shares.
Sally Beauty Holdings Inc disclosed in a document filed with the SEC on Nov 25 ’24 that McIntosh Kim (GVP, CONTROLLER & CAO) sold a total of 4,300 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $14.53 per share for $62479.0. Following the transaction, the insider now directly holds 16685.0 shares of the SBH stock.
Still, SEC filings show that on Nov 25 ’24, Scott Sherman (Officer) Proposed Sale 13,500 shares at an average price of $14.50 for $0.2 million. The insider now directly holds shares of Sally Beauty Holdings Inc (SBH).
