Sally Beauty Holdings Inc (SBH) is -16.15% away from 50-day simple Moving Average despite all headwinds

Sally Beauty Holdings Inc (NYSE: SBH) kicked off on Monday, down -5.22% from the previous trading day, before settling in for the closing price of $10.92. Over the past 52 weeks, SBH has traded in a range of $7.21-$14.64.

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A company in the Consumer Cyclical sector has dropped its sales by -0.87% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 2.09%. With a float of $103.35 million, this company’s outstanding shares have now reached $106.27 million.

In an organization with 27000 employees, it is important to assess its efficiency.

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 1.46%, while institutional ownership is 115.65%. The most recent insider transaction that took place on Feb 22 ’24, was worth 129,520. In this transaction an insider of this company sold 10,000 shares at a rate of $12.95, taking the stock ownership to the 35,014 shares. Before that another transaction happened on Dec 12 ’23, when Company’s President & CEO bought 4,000 for $11.29, making the entire transaction worth $45,160. This insider now owns 170,826 shares in total.

Sally Beauty Holdings Inc (SBH) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 124.00 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.09% 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 -4.12% drop 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 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 7.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.99 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 1.27 million. That was inferior than the volume of 1.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.63%. Additionally, its Average True Range was 0.52.

During the past 100 days, Sally Beauty Holdings Inc’s (SBH) raw stochastic average was set at 24.98%, which indicates a significant increase from 0.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.35% in the past 14 days, which was higher than the 50.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.29, while its 200-day Moving Average is $10.95. However, in the short run, Sally Beauty Holdings Inc’s stock first resistance to watch stands at $10.92. Second resistance stands at $11.49. The third major resistance level sits at $11.78. If the price goes on to break the first support level at $10.06, it is likely to go to the next support level at $9.77. The third support level lies at $9.20 if the price breaches the second support level.

Sally Beauty Holdings Inc (NYSE: SBH) Key Stats

The company with the Market Capitalisation of 1.09 billion has total of 104,884K Shares Outstanding. Its annual sales at the moment are 3,728 M in contrast with the sum of 184,600 K annual income. Company’s last quarter sales were recorded 931,300 K and last quarter income was 38,390 K.