Sally Beauty Holdings Inc (SBH) 20 Days SMA touches 4.20%: The odds favor the bear

On Tuesday, Sally Beauty Holdings Inc (NYSE: SBH) was 0.76% up from the session before settling in for the closing price of $13.23. A 52-week range for SBH has been $7.21 – $13.94.

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Consumer Cyclical Sector giant saw their annual sales slid by -0.87% over the last five years. When this article was written, the company’s average yearly earnings per share was at -9.16%. With a float of $102.08 million, this company’s outstanding shares have now reached $106.27 million.

The firm has a total of 27000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.19%, operating margin of 7.49%, and the pretax margin is 5.38%.

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 0.55%, while institutional ownership is 115.77%. 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

According to the Wall Street analysts, stocks earnings will be around -9.16% 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 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 8.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.78 in one year’s time.

Technical Analysis of Sally Beauty Holdings Inc (SBH)

Analysing the last 5-days average volume posted by the [Sally Beauty Holdings Inc, SBH], we can find that recorded value of 1.75 million was better than the volume posted last year of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 71.50%. Additionally, its Average True Range was 0.49.

During the past 100 days, Sally Beauty Holdings Inc’s (SBH) raw stochastic average was set at 87.41%, which indicates a significant increase from 75.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.84% in the past 14 days, which was lower than the 51.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.98, while its 200-day Moving Average is $11.83. Now, the first resistance to watch is $13.52. This is followed by the second major resistance level at $13.72. The third major resistance level sits at $13.84. If the price goes on to break the first support level at $13.20, it is likely to go to the next support level at $13.08. Should the price break the second support level, the third support level stands at $12.88.

Sally Beauty Holdings Inc (NYSE: SBH) Key Stats

There are 103,514K outstanding shares of the company, which has a market capitalization of 1.37 billion. As of now, sales total 3,728 M while income totals 184,600 K. Its latest quarter income was 942,340 K while its last quarter net income were 37,720 K.