Sally Beauty Holdings Inc. (NYSE: SBH) kicked off on May 19, 2023, at the price of $11.54, down -3.91% from the previous trading day. During the day, the shares moved up to $11.54 and dropped to $11.025 before settling in for the closing price of $11.50. Over the past 52 weeks, SBH has traded in a range of $10.80-$18.42.
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A company in the Consumer Cyclical sector has dropped its sales by -0.60% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -20.80%. With a float of $105.51 million, this company’s outstanding shares have now reached $107.45 million.
In an organization with 29000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Sally Beauty Holdings Inc. is 0.50%, while institutional ownership is 110.82%. The most recent insider transaction that took place on Feb 16, was worth 609,134. In this transaction the insider of this company sold 35,456 shares at a rate of $17.18, taking the stock ownership to the 38,313 shares.
Sally Beauty Holdings Inc. (SBH) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.41 earnings per share (EPS), higher than consensus estimate (set at $0.37) by $0.04. 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 0.48 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
Take a look at Sally Beauty Holdings Inc.’s (SBH) current performance indicators. Last quarter, 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 0.33. Likewise, its price to free cash flow for the trailing twelve months is 8.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.46, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Sally Beauty Holdings Inc. (SBH)
Let’s dig in a bit further. During the last 5-days, its volume was 1.24 million. That was inferior than the volume of 1.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.42%. Additionally, its Average True Range was 0.53.
During the past 100 days, Sally Beauty Holdings Inc.’s (SBH) raw stochastic average was set at 3.28%, which indicates a significant decrease from 7.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.71% in the past 14 days, which was higher than the 47.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.86, while its 200-day Moving Average is $13.89. However, in the short run, Sally Beauty Holdings Inc.’s stock first resistance to watch stands at $11.39. Second resistance stands at $11.72. The third major resistance level sits at $11.90. If the price goes on to break the first support level at $10.87, it is likely to go to the next support level at $10.69. The third support level lies at $10.35 if the price breaches the second support level.
Sally Beauty Holdings Inc. (NYSE: SBH) Key Stats
The company with the Market Capitalisation of 1.24 billion has total of 107,555K Shares Outstanding. Its annual sales at the moment are 3,816 M in contrast with the sum of 183,550 K annual income. Company’s last quarter sales were recorded 918,710 K and last quarter income was 40,860 K.
