On Tuesday, Sally Beauty Holdings Inc (NYSE: SBH) was 3.15% up from the session before settling in for the closing price of $10.78. A 52-week range for SBH has been $7.21 – $13.91.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -0.87%. When this article was written, the company’s average yearly earnings per share was at -7.38%. With a float of $101.98 million, this company’s outstanding shares have now reached $106.27 million.
Considering the fact that the conglomerate employs 27000 people, you should pay attention to its efficiency factor.
Sally Beauty Holdings Inc (SBH) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sally Beauty Holdings Inc stocks. The insider ownership of Sally Beauty Holdings Inc is 1.48%, while institutional ownership is 112.51%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.49 earnings per share (EPS) during the time that was better than consensus figure (set at 0.49) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.38% 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
You can see what Sally Beauty Holdings Inc (SBH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 7.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.87 in one year’s time.
Technical Analysis of Sally Beauty Holdings Inc (SBH)
Compared to the last year’s volume of 1.41 million, its volume of 1.98 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.02%. Additionally, its Average True Range was 0.39.
During the past 100 days, Sally Beauty Holdings Inc’s (SBH) raw stochastic average was set at 30.42%, which indicates a significant decrease from 56.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.72% in the past 14 days, which was lower than the 46.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.00, while its 200-day Moving Average is $10.91. Nevertheless, the first resistance level for the watch stands at $11.32 in the near term. At $11.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.76. 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 $10.62. Should the price break the second support level, the third support level stands at $10.43.
Sally Beauty Holdings Inc (NYSE: SBH) Key Stats
There are 103,514K outstanding shares of the company, which has a market capitalization of 1.15 billion. As of now, sales total 3,728 M while income totals 184,600 K. Its latest quarter income was 908,360 K while its last quarter net income were 29,240 K.
