The trading price of Sally Beauty Holdings Inc (NYSE:SBH) floating lower at last check on Wednesday, June 05, closing at $12.02, -0.21% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 8.12. In examining the 52-week price action we see that the stock hit a 52-week high of $13.91 and a 52-week low of $7.21. Over the past month, the stock has gained 13.35% in value.
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Sally Beauty Holdings Inc, whose market valuation is $1.24 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.41 per share this quarter, however they have predicted annual earnings per share of 1.69 for current year and 1.86 for next year.
Analysts have forecast the company to bring in revenue of 933.28M for the current quarter, with the likely lows of 930.21M and highs of 937M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 3.71B.
On the technical side, indicators suggest SBH has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.27, which symbolizes a positive outlook. A quick review shows that SBH’s price is currently 7.25% off the SMA20 and 8.16% off the SMA50. The RSI metric on the 14-day chart is currently showing 59.36, and weekly volatility stands at 3.16%. When measured over the past 30 days, the indicator reaches 4.08%. Sally Beauty Holdings Inc (NYSE:SBH)’s beta value is currently sitting at 1.57, while the Average True Range indicator is currently displaying 0.45.
To see how Sally Beauty Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: SBH stock’s performance was -0.21% at last check in today’s session, and 4.75% in the past year. Sally Beauty Holdings Inc has a P/E ratio of 8.12.
An evaluation of the daily trading volume of Sally Beauty Holdings Inc (NYSE:SBH) indicates that the 3-month average is 1.36 million.
Currently, records show that 106.27 million of the company’s shares remain outstanding. The insiders hold 1.46% of outstanding shares, whereas institutions hold 112.51%. However, since the stock’s price has seen -9.53% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
