Market Watch Highlights: Sally Beauty Holdings Inc (SBH) Ends on an Upturn Note at 11.15

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

As of close of business last night, Sally Beauty Holdings Inc’s stock clocked out at $11.15, up 1.36% from its previous closing price of $11.00. In other words, the price has increased by $1.36 from its previous closing price. On the day, 1.77 million shares were traded. SBH stock price reached its highest trading level at $11.18 during the session, while it also had its lowest trading level at $10.97.

Ratios:

To gain a deeper understanding of SBH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.86. 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 2.54 whereas as Long-Term Debt/Eq ratio is at 2.32.

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, Canaccord Genuity on Jan-17-25, initiated with a Buy rating and assigned the stock a target price of $14.

On November 25, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $14 to $16.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when Sherman Scott C sold 13,500 shares for $14.49 per share. The transaction valued at 195,615 led to the insider holds 42,431 shares of the business.

McIntosh Kim sold 4,300 shares of SBH for $62,479 on Nov 25 ’24. The GVP, CONTROLLER & CAO now owns 16,685 shares after completing the transaction at $14.53 per share. On Nov 25 ’24, another insider, Scott Sherman, who serves as the Officer of the company, bought 13,500 shares for $14.50 each.

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 1142562816 and an Enterprise Value of 2938760960. As of this moment, Sally’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.75, and their Forward P/E ratio for the next fiscal year is 5.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 0.794 whereas that against EBITDA is 7.585.

Stock Price History:

The Beta on a monthly basis for SBH is 1.55, which has changed by -0.059865117 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, SBH has reached a high of $14.79, while it has fallen to a 52-week low of $9.06. The 50-Day Moving Average of the stock is -9.76%, while the 200-Day Moving Average is calculated to be -5.82%.

Shares Statistics:

It appears that SBH traded 1.80M shares on average per day over the past three months and 2110050 shares per day over the past ten days. A total of 101.85M shares are outstanding, with a floating share count of 101.59M. Insiders hold about 0.86% of the company’s shares, while institutions hold 112.23% stake in the company. Shares short for SBH as of 1730332800 were 11550672 with a Short Ratio of 6.85, compared to 1727654400 on 13355772. Therefore, it implies a Short% of Shares Outstanding of 11550672 and a Short% of Float of 20.75.

Most Popular