Sally Beauty Holdings Inc. [NYSE: SBH] stock went on a downward path that fall over -2.98% on Wednesday, amounting to a one-week price decrease of less than -10.35%. Over the last 12 months, SBH stock dropped by -9.00%. The one-year Sally Beauty Holdings Inc. stock forecast points to a potential upside of 5.99. The average equity rating for SBH stock is currently 3.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.50 billion, with 114.82 million shares outstanding and 107.70 million shares in the current float. Compared to the average trading volume of 2.14M shares, SBH stock reached a trading volume of 1781113 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Sally Beauty Holdings Inc. [SBH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBH shares is $14.19 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBH stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Sally Beauty Holdings Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 04, 2020. The new note on the price target was released on January 21, 2020, representing the official price target for Sally Beauty Holdings Inc. stock. Previously, the target price had yet another raise from $12.50 to $15, while DA Davidson kept a Underperform rating on SBH stock. On July 12, 2019, analysts decreased their price target for SBH shares from 14 to 12.
The Average True Range (ATR) for Sally Beauty Holdings Inc. is set at 0.93, with the Price to Sales ratio for SBH stock in the period of the last 12 months amounting to 0.40. Price to Free Cash Flow for SBH in the course of the last twelve months was 9.82 with Quick ratio for the last quarter at 0.50.
SBH Stock Performance Analysis:
Sally Beauty Holdings Inc. [SBH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.35. With this latest performance, SBH shares gained by 21.16% in over the last four-week period, additionally sinking by -24.38% over the last 6 months – not to mention a drop of -9.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBH stock in for the last two-week period is set at 55.06, with the RSI for the last a single of trading hit 46.87, and the three-weeks RSI is set at 55.11 for Sally Beauty Holdings Inc. [SBH]. The present Moving Average for the last 50 days of trading for this stock 11.00, while it was recorded at 13.51 for the last single week of trading, and 13.99 for the last 200 days.
Insight into Sally Beauty Holdings Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Sally Beauty Holdings Inc. [SBH] shares currently have an operating margin of +11.83 and a Gross Margin at +46.53. Sally Beauty Holdings Inc.’s Net Margin is presently recorded at +7.01.
Return on Total Capital for SBH is now 30.17, given the latest momentum, and Return on Invested Capital for the company is 17.90. Additionally, SBH Total Debt to Total Capital is recorded at 103.93, with Total Debt to Total Assets ending up at 75.99.
Reflecting on the efficiency of the workforce at the company, Sally Beauty Holdings Inc. [SBH] managed to generate an average of $9,039 per employee. Receivables Turnover for the company is 39.75 with a Total Asset Turnover recorded at a value of 1.85.Sally Beauty Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.60.
SBH Stock EPS
With the latest financial reports released by the company, Sally Beauty Holdings Inc. posted 0.6/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SBH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sally Beauty Holdings Inc. go to -5.20%.
Sally Beauty Holdings Inc. [SBH] Insider Position Details
There are presently around $1,814 million, in the hands of institutional investors. The top three institutional holders of SBH stocks are: ARROWMARK COLORADO HOLDINGS LLC with ownership of 20,603,500, which is approximately 34.372% of the company’s market cap and around 0.60% of the total institutional ownership; FMR LLC, holding 17,517,577 shares of the stock with an approximate value of $240.87 million in SBH stocks shares; and BLACKROCK INC., currently with $184.32 million in SBH stock with ownership of nearly -3.676% of the company’s market capitalization.
Positions in Sally Beauty Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 89 institutional holders increased their position in Sally Beauty Holdings Inc. [NYSE:SBH] by around 12,846,458 shares. Additionally, 129 investors decreased positions by around 21,082,675 shares, while 39 investors held positions by with 97,988,412 shares. The mentioned changes placed institutional holdings at 131,917,545 shares, according to the latest SEC report filing. SBH stock had 31 new institutional investments in for a total of 1,653,763 shares, while 41 institutional investors sold positions of 5,858,076 shares during the same period.