22.59% percent quarterly performance for Sally Beauty Holdings Inc. (SBH) is not indicative of the underlying story

A new trading day began on January 24, 2023, with Sally Beauty Holdings Inc. (NYSE: SBH) stock priced at $14.89, down -0.66% from the previous day of trading. During the day, the shares moved up to $15.325 and dropped to $14.89 before settling in for the closing price of $15.13. SBH’s price has ranged from $10.95 to $19.08 over the past 52 weeks.

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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -0.60%. Meanwhile, its annual earnings per share averaged -20.80%. With a float of $105.51 million, this company’s outstanding shares have now reached $106.95 million.

Let’s determine the extent of company efficiency that accounts for 29000 employees. In terms of profitability, gross margin is +47.68, operating margin of +9.57, and the pretax margin is +6.40.

Sally Beauty Holdings Inc. (SBH) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The most recent insider transaction that took place on Mar 02, was worth 381,645. In this transaction SVP & President, Sally Beauty of this company sold 21,489 shares at a rate of $17.76, taking the stock ownership to the 20,179 shares.

Sally Beauty Holdings Inc. (SBH) Earnings and Forecasts

In its latest quarterly report, released on 6/29/2022, the company reported earnings of $0.55 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +4.81 while generating a return on equity of 63.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -20.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.90% during the next five years compared to 1.30% growth over the previous five years of trading.

Sally Beauty Holdings Inc. (NYSE: SBH) Trading Performance Indicators

Here are Sally Beauty Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41. Likewise, its price to free cash flow for the trailing twelve months is 27.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.13 in one year’s time.

Technical Analysis of Sally Beauty Holdings Inc. (SBH)

Looking closely at Sally Beauty Holdings Inc. (NYSE: SBH), its last 5-days average volume was 1.31 million, which is a jump from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 71.73%. Additionally, its Average True Range was 0.47.

During the past 100 days, Sally Beauty Holdings Inc.’s (SBH) raw stochastic average was set at 93.26%, which indicates a significant increase from 87.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.96% in the past 14 days, which was higher than the 46.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.74, while its 200-day Moving Average is $13.59. However, in the short run, Sally Beauty Holdings Inc.’s stock first resistance to watch stands at $15.27. Second resistance stands at $15.52. The third major resistance level sits at $15.71. If the price goes on to break the first support level at $14.84, it is likely to go to the next support level at $14.65. Should the price break the second support level, the third support level stands at $14.40.

Sally Beauty Holdings Inc. (NYSE: SBH) Key Stats

With a market capitalization of 1.58 billion, the company has a total of 107,043K Shares Outstanding. Currently, annual sales are 3,816 M while annual income is 183,550 K. The company’s previous quarter sales were 962,460 K while its latest quarter income was 21,340 K.

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