$1.26M in average volume shows that Sally Beauty Holdings Inc (SBH) is heading in the right direction

Sally Beauty Holdings Inc (NYSE: SBH) On Friday, started off the session at the price of On Friday, remained unchanged from the previous trading day, before settling in for the closing price of $12.97. Within the past 52 weeks, SBH’s price has moved between $9.06 and $14.36.

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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -0.64%. The company achieved an average annual earnings per share of 8.38%. With a float of $100.99 million, this company’s outstanding shares have now reached $101.85 million.

Let’s determine the extent of company efficiency that accounts for 27000 employees. In terms of profitability, gross margin is 50.14%, operating margin of 7.62%, and the pretax margin is 5.55%.

Sally Beauty Holdings Inc (SBH) Insider Activity

Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of Sally Beauty Holdings Inc is 0.88%, while institutional ownership is 112.23%. 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

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.39 earnings per share (EPS) for the period topping the consensus outlook (set at 0.37) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.38% 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 -8.67% drop over the previous five years of trading.

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

Sally Beauty Holdings Inc (SBH) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 9.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 2.01 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 2.22 million, which is a jump from its year-to-date volume of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 28.52%. Additionally, its Average True Range was 0.55.

During the past 100 days, Sally Beauty Holdings Inc’s (SBH) raw stochastic average was set at 73.77%, which indicates a significant increase from 25.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.35% in the past 14 days, which was lower than the 51.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.05, while its 200-day Moving Average is $11.93. However, in the short run, Sally Beauty Holdings Inc’s stock first resistance to watch stands at $13.18. Second resistance stands at $13.38. The third major resistance level sits at $13.56. If the price goes on to break the first support level at $12.80, it is likely to go to the next support level at $12.62. Should the price break the second support level, the third support level stands at $12.42.

Sally Beauty Holdings Inc (NYSE: SBH) Key Stats

Market capitalization of the company is 1.32 billion based on 101,881K outstanding shares. Right now, sales total 3,717 M and income totals 153,410 K. The company made 935,030 K in profit during its latest quarter, and 48,060 K in sales during its previous quarter.