After finishing at $12.06 in the prior trading day, Sally Beauty Holdings Inc (NYSE: SBH) closed at $12.33, up 2.24%. In other words, the price has increased by $+0.27 from its previous closing price. On the day, 960338 shares were traded. SBH stock price reached its highest trading level at $12.36 during the session, while it also had its lowest trading level at $11.92.
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Ratios:
Our goal is to gain a better understanding of SBH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 3.06 whereas as Long-Term Debt/Eq ratio is at 2.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on December 15, 2022, initiated with a Overweight rating and assigned the stock a target price of $15.
On August 12, 2022, Cowen Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 22 ’24 when Sherman Scott C sold 10,000 shares for $12.95 per share. The transaction valued at 129,520 led to the insider holds 35,014 shares of the business.
Paulonis Denise bought 4,000 shares of SBH for $45,160 on Dec 12 ’23. The President & CEO now owns 170,826 shares after completing the transaction at $11.29 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBH now has a Market Capitalization of 1.29B and an Enterprise Value of 2.83B. As of this moment, Sally’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.81, and their Forward P/E ratio for the next fiscal year is 6.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 0.76 whereas that against EBITDA is 6.85.
Stock Price History:
The Beta on a monthly basis for SBH is 1.47, which has changed by -17.96% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. Over the past 52 weeks, SBH has reached a high of $15.93, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 12.54, while the 200-Day Moving Average is calculated to be 11.01.
Shares Statistics:
The stock has traded on average 1.48M shares per day over the past 3-months and 1.7M shares per day over the last 10 days, according to various share statistics. A total of 106.27M shares are outstanding, with a floating share count of 103.35M. Insiders hold about 1.46% of the company’s shares, while institutions hold 115.51% stake in the company. Shares short for SBH as of Feb 29, 2024 were 14.45M with a Short Ratio of 9.76, compared to 10.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.78% and a Short% of Float of 24.96%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $0.41 and a low estimate of $0.38, while EPS last year was $0.41. The consensus estimate for the next quarter is $0.55, with high estimates of $0.58 and low estimates of $0.51.
Analysts are recommending an EPS of between $1.91 and $1.83 for the fiscal current year, implying an average EPS of $1.87. EPS for the following year is $1.99, with 6 analysts recommending between $2.08 and $1.9.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for SBH’s current fiscal year. The highest revenue estimate was $3.74B, while the lowest revenue estimate was $3.71B, resulting in an average revenue estimate of $3.72B. In the same quarter a year ago, actual revenue was $3.73B, down -0.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $3.76B in the next fiscal year. The high estimate is $3.83B and the low estimate is $3.71B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.
