Sally Beauty Holdings Inc (NYSE: SBH) is -13.11% lower on its value in year-to-date trading and has touched a low of $8.52 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 $9.44 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $9.08, the stock is -1.20% and -10.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.0 million and changing -3.81% at the moment leaves the stock -22.13% off its SMA200. SBH registered -29.28% loss for a year compared to 6-month loss of -22.33%.
The stock witnessed a -5.12% gain in the last 1 month and extending the period to 3 months gives it a -31.37%, and is 2.60% 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 4.93% over the week and 5.31% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $925.75M and $3.72B in sales. Current P/E ratio is 5.45 and Fwd P/E is 4.61. Profit margin for the company is 4.73%. Distance from 52-week low is 6.57% and -38.61% 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 11.85%.
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).
