The price-to-earnings ratio for Sally Beauty Holdings Inc. (NYSE: SBH) is 5.93x, which is above its average ratio. Moreover, the 36-month beta value for SBH is 1.36. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 2 as “sell.”
The average price recommended by analysts for Sally Beauty Holdings Inc. (SBH) is $12.60, which is $3.75 above the current market price. The public float for SBH is 106.44M and currently, short sellers hold a 9.16% of that float. On September 19, 2023, SBH’s average trading volume was 1.69M shares.
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SBH) stock’s latest price update
The stock price of Sally Beauty Holdings Inc. (NYSE: SBH) has plunged by -3.17 when compared to previous closing price of 9.14, but the company has seen a -6.74% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-18 that Sally Beauty (SBH) is on the path to success on the back of customer-centric initiatives, exclusive partnerships and innovative product expansions amid margin challenges.
SBH’s Market Performance
Sally Beauty Holdings Inc. (SBH) has seen a -6.74% fall in stock performance for the week, with a -12.89% decline in the past month and a -28.51% plunge in the past quarter. The volatility ratio for the week is 3.92%, and the volatility levels for the past 30 days are at 3.67% for SBH. The simple moving average for the last 20 days is -9.74% for SBH stock, with a simple moving average of -32.16% for the last 200 days.
Analysts’ Opinion of SBH
Many brokerage firms have already submitted their reports for SBH stocks, with Piper Sandler repeating the rating for SBH by listing it as a “Overweight.” The predicted price for SBH in the upcoming period, according to Piper Sandler is $15 based on the research report published on December 15, 2022 of the previous year 2022.
SBH Trading at -19.25% from the 50-Day Moving Average
After a stumble in the market that brought SBH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.95% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 3.92%, as shares sank -14.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.92% lower at present.
During the last 5 trading sessions, SBH fell by -6.74%, which changed the moving average for the period of 200-days by -23.18% in comparison to the 20-day moving average, which settled at $9.73. In addition, Sally Beauty Holdings Inc. saw -29.31% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SBH starting from Spinks Mark Gregory, who sale 35,456 shares at the price of $17.18 back on Feb 16. After this action, Spinks Mark Gregory now owns 38,313 shares of Sally Beauty Holdings Inc., valued at $609,134 using the latest closing price.
Stock Fundamentals for SBH
Current profitability levels for the company are sitting at:
- +9.57 for the present operating margin
- +47.68 for the gross margin
The net margin for Sally Beauty Holdings Inc. stands at +4.81. The total capital return value is set at 17.17, while invested capital returns managed to touch 9.49. Equity return is now at value 41.30, with 6.20 for asset returns.
Based on Sally Beauty Holdings Inc. (SBH), the company’s capital structure generated 590.59 points at debt to equity in total, while total debt to capital is 85.52. Total debt to assets is 67.30, with long-term debt to equity ratio resting at 513.49. Finally, the long-term debt to capital ratio is 74.36.
When we switch over and look at the enterprise to sales, we see a ratio of 0.70, with the company’s debt to enterprise value settled at 0.57. The receivables turnover for the company is 54.96 and the total asset turnover is 1.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.
Conclusion
To wrap up, the performance of Sally Beauty Holdings Inc. (SBH) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
