Sally Beauty Holdings Inc [NYSE: SBH] closed the trading session at $8.80 on 11/14/23. The day’s price range saw the stock hit a low of $8.41, while the highest price level was $9.69. The company report on November 14, 2023 at 6:45 AM that Sally Beauty Holdings Reports Fourth Quarter and Full Year Fiscal 2023 Results.
Generated Q4 Cash Flow from Operations of $117 Million and Operating Free Cash Flow of $90 Million.
Beauty Systems Group Announces Strategic Acquisition of Assets from Goldwell of New York.
The stocks have a year to date performance of -29.71 percent and weekly performance of -2.22 percent. The stock has been moved at -20.43 percent over the last six months. The stock has performed 12.39 percent around the most recent 30 days and changed -11.29 percent over the most recent 3-months.
If compared to the average trading volume of 2.10M shares, SBH reached to a volume of 5983303 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $10.50 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 3.40. 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.
Piper Sandler have made an estimate for Sally Beauty Holdings Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 15, 2022.
The Average True Range (ATR) for Sally Beauty Holdings Inc is set at 0.45, with the Price to Sales ratio for SBH stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 1.94, with the Price to Cash per share for the same quarter was set at 1.14. Price to Free Cash Flow for SBH in the course of the last twelve months was 6.58 with Quick ratio for the last quarter at 0.44.
SBH stock trade performance evaluation
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 -2.22. With this latest performance, SBH shares gained by 12.39% in over the last four-week period, additionally sinking by -20.43% over the last 6 months – not to mention a drop of -34.03% 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 55.17, with the RSI for the last a single of trading hit 57.37, and the three-weeks RSI is set at 52.43 for Sally Beauty Holdings Inc [SBH]. The present Moving Average for the last 50 days of trading for this stock 8.43, while it was recorded at 8.46 for the last single week of trading, and 12.02 for the last 200 days.
Sally Beauty Holdings Inc [SBH]: An insightful look at the core 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 +9.57 and a Gross Margin at +47.68. Sally Beauty Holdings Inc’s Net Margin is presently recorded at +4.81.
Return on Total Capital for SBH is now 17.17, given the latest momentum, and Return on Invested Capital for the company is 9.49. Return on Equity for this stock inclined to 63.91, with Return on Assets sitting at 6.77. When it comes to the capital structure of this company, Sally Beauty Holdings Inc [SBH] has a Total Debt to Total Equity ratio set at 590.59. Additionally, SBH Total Debt to Total Capital is recorded at 85.52, with Total Debt to Total Assets ending up at 67.30. Long-Term Debt to Equity for the company is recorded at 513.49, with the Long-Term Debt to Total Capital now at 74.36.
Reflecting on the efficiency of the workforce at the company, Sally Beauty Holdings Inc [SBH] managed to generate an average of $6,329 per employee. Receivables Turnover for the company is 54.96 with a Total Asset Turnover recorded at a value of 1.41.Sally Beauty Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.44 and a Current Ratio set at 2.12.
Earnings per share (EPS) analysis for Sally Beauty Holdings Inc [SBH] stock
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 29.90%.
Sally Beauty Holdings Inc [SBH]: Institutional Ownership
The top three institutional holders of SBH stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in SBH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in SBH stock with ownership which is approximately 5.7994%.