Sally Beauty Holdings Inc (NYSE: SBH) is -5.41% 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 $9.84 in the last trading session, with the day’s gains setting it 1959990.16%.
Currently trading at $1960000.0, the stock is 13.07% and 16.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 3.15% at the moment leaves the stock -4.39% off its SMA200. SBH registered -2.87% loss for a year compared to 6-month loss of -6.37%. The firm has a 50-day simple moving average (SMA 50) of $8.7404 and a 200-day simple moving average (SMA200) of $10.6158.
The stock witnessed a 15.34% gain in the last 1 month and extending the period to 3 months gives it a 13.79%, and is 15.47% 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 4.48% over the week and 3.68% over the month.
Sally Beauty Holdings Inc (SBH) has around 27000 employees, a market worth around $1.02B and $3.70B in sales. Current P/E ratio is 5.74 and Fwd P/E is 5.29. Profit margin for the company is 5.03%. Distance from 52-week low is 34.62% and -31.37% from its 52-week high. The company has generated returns on investments over the last 12 months (9.01%).
The EPS is expected to grow by 2.88% this year
350.0 institutions hold shares in Sally Beauty Holdings Inc (SBH), with institutional investors hold 122.45% of the company’s shares. The shares outstanding are 100.89M, and float is at 99.99M with Short Float at 15.13%. Institutions hold 121.42% 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 15.7888 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
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).
