Sally Beauty Holdings Inc (NYSE: SBH) is -21.05% lower on its value in year-to-date trading and has touched a low of $7.54 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 $8.08 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $8.25, the stock is 1.12% and -4.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing 2.10% at the moment leaves the stock -26.33% off its SMA200. SBH registered -23.96% loss for a year compared to 6-month loss of -38.06%. The firm has a 50-day simple moving average (SMA 50) of $8.6484 and a 200-day simple moving average (SMA200) of $11.198.
The stock witnessed a -9.24% gain in the last 1 month and extending the period to 3 months gives it a -24.10%, and is 5.91% 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 4.09% over the week and 5.89% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $841.09M and $3.72B in sales. Current P/E ratio is 4.95 and Fwd P/E is 4.13. Profit margin for the company is 4.73%. Distance from 52-week low is 9.42% and -44.22% 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 7.40% this year.
Sally Beauty Holdings Inc (SBH) Top Institutional Holders
349.0 institutions hold shares in Sally Beauty Holdings Inc (SBH), with institutional investors hold 119.40% of the company’s shares. The shares outstanding are 101.87M, and float is at 99.56M with Short Float at 15.73%. Institutions hold 118.41% 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 15.7888% 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 14.5446 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.28 million shares representing 11.899% and valued at over $131.75 million, while STATE STREET CORP holds 4.3261 of the shares totaling 4.46 million with a market value of $47.9 million.
Sally Beauty Holdings Inc (SBH) Insider Activity
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Sally Beauty Holdings Inc disclosed in a document filed with the SEC on Nov 25 ’24 that Sherman Scott Csold 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).
