Sally Beauty Holdings Inc [SBH] stock prices are up 2.87% to $12.19 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SBH shares have gain 4.82% over the last week, with a monthly amount drifted -11.67%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sally Beauty Holdings Inc [NYSE: SBH] stock has seen the most recent analyst activity on December 15, 2022, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $15. Previously, Cowen downgraded its rating to Market Perform on August 12, 2022, and kept the price target unchanged to $17. On June 29, 2022, downgrade downgraded it’s rating to Underperform. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $12 on June 16, 2022. Oppenheimer downgraded its rating to a Perform. Raymond James upgraded its rating to Mkt Perform for this stock on July 14, 2021. In a note dated June 22, 2021, Oppenheimer upgraded an Outperform rating on this stock but restated the target price of $24.
The stock price of Sally Beauty Holdings Inc [SBH] has been fluctuating between $7.21 and $15.93 over the past year. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. Sally Beauty Holdings Inc [NYSE: SBH] shares were valued at $12.19 at the most recent close of the market. An investor can expect a potential return of 17.56% based on the average SBH price forecast.
Analyzing the SBH fundamentals
The Sally Beauty Holdings Inc [NYSE:SBH] reported sales of 3.70B for trailing twelve months, representing a drop of -2.69%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.35 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.87 points at the first support level, and at 11.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.41, and for the 2nd resistance point, it is at 12.62.
Ratios To Look Out For
It’s worth pointing out that Sally Beauty Holdings Inc [NYSE:SBH]’s Current Ratio is 2.20. Further, the Quick Ratio stands at 0.45, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 2.36 and price to earnings (TTM) ratio is 7.72.
Transactions by insiders
Recent insider trading involved Sherman Scott C, that happened on Feb 22 ’24 when 10000.0 shares were sold. President & CEO, Paulonis Denise completed a deal on Dec 12 ’23 to buy 4000.0 shares.
