Sally Beauty Holdings, Inc. (NYSE:SBH) concluded the trading on Wednesday, Sep 16, with a rise of 1.4% from its closing price on previous day.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with nil upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review SBH stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 100% Sell for it.
According to ratings assigned by 9 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 5 of them are recommending Sally Beauty Holdings, Inc. (SBH) as a Hold, while 1 are in view that stock is a Buy. Recommendation by None analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is 1, whereas 2 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Hold and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the SBH stock which is currently positioned at 0. It further provides that stock’s current price level is -6.8% away from its 20-day simple moving average and is -12.86% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 33.92 while volatility remained at 4.56% over the past week which changes to 4.03% when measuring it over the past month. Beta is valued at 1.07, while measure of average true range or ATR is currently at 0.51. In predicting price targets of as low as $9 and as high as $19, analysts are in agreement on assigning the stock over the next 12 months average price target of $14.19. Stock’s current price level is -17.13% above from estimated low price target while it is 74.95% below the estimated high; and even if the SBH’s share succeeded to reach the median price of $13.5, then the outlook of +24.31% could come to the excitement of the investors.
In comparing Sally Beauty Holdings, Inc. (SBH)’s stock with other industry players reveals that stock’s latest price change of +1.4% and that of -25.36% over the past 12 months is in competing position with that of Tractor Supply Company (TSCO) which saw its stock price fell by -1.87% in the recent trading and went through an increase of 43.74% in past 12-month trading. Industry’s another major player Ulta Beauty Inc (ULTA) has jumped 1.1% up in latest trading session, but over the past year has faced a rise of 2.6%, while Five Below Inc (FIVE) is also up 1.4% however its price remained floating in the red at -25.36% over the same period. Sally Beauty Holdings, Inc. has a P/E ratio of 11.52 against that of Tractor Supply Company’s 23.68 while Ulta Beauty Inc is showing 49.08 for the same. On the other hand, the S&P 500 Index was down -0.46% in the early deals while the Dow Jones Industrial was dealing higher at 0.13%.