Sally Beauty Holdings Inc (NYSE: SBH) is -12.15% lower on its value in year-to-date trading and has touched a low of $8.88 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 $9.58 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $9.18, the stock is -7.05% and -14.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing -4.18% at the moment leaves the stock -21.90% off its SMA200. SBH registered -30.56% loss for a year compared to 6-month loss of -30.72%.
The stock witnessed a -18.69% gain in the last 1 month and extending the period to 3 months gives it a -29.22%, and is -3.16% 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 5.53% over the week and 5.12% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $935.94M and $3.72B in sales. Current P/E ratio is 5.51 and Fwd P/E is 4.66. Profit margin for the company is 4.73%. Distance from 52-week low is 3.44% and -37.93% from its 52-week high. The company has generated returns on investments over the last 12 months (8.58%).
The EPS is expected to grow by 6.80% this year
The shares outstanding are 101.87M, and float is at 100.15M with Short Float at 12.73%.
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 $$131.75 million, while ARROWMARK COLORADO HOLDINGS LLC holds 4.2936 of the shares totaling 4.43 million with a market value of $$47.54 million.
Sally Beauty Holdings Inc (SBH) Insider Activity
Sally Beauty Holdings Inc disclosed in a document filed with the SEC on Nov 25 ’24 that Sherman Scott C sold a total of 13,500 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $14.49 per share for $0.2 million. Following the transaction, the insider now directly holds 42431.0 shares of the SBH stock.
Still, SEC filings show that on Nov 25 ’24, McIntosh Kim (GVP, CONTROLLER & CAO) disposed off 4,300 shares at an average price of $14.53 for $62479.0. The insider now directly holds 16,685 shares of Sally Beauty Holdings Inc (SBH).
