Spotting A Winner: Sally Beauty Holdings Inc (NYSE: SBH) Advances 1.15 And It Still Have Room To Run

Sally Beauty Holdings Inc (NYSE:SBH) currently has a daily average trading volume of 2.29M but it saw 1489762 shares traded in last market. With a market cap of 889.89M USD, the company’s current market price of $8.82 came rising about 1.15 while comparing to the previous closing price of $8.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.79 and as low as $7.54.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Canaccord Genuity which initiated the stock as “Buy” in its note to investors issued on January 16, 2025, recommending a price target of $14 for it. TD Cowen upgraded its recommendation for the stock as a “Buy” from “Hold” on November 25, 2024 while assigning a price target range of $14-$16.

Over the week, SBH’s stock price is moving -2.97% down while it is 11.22% when we observe its performance for the past one month. Year-to-date it is -15.60% down and over the past year, the stock is showing a downside performance of -17.72%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.42 while estimate for next year EPS is 1.73. In next quarter, company is expected to be making quarterly sales of $924.06M as analysts are expecting the sales for current fiscal year at $3.68B and seeing the company making $3.73B in sales next year. Moreover, analysts are in estimates of $928.84M for current-quarter revenue.

Currently, Sally Beauty Holdings Inc’s total number of outstanding shares is 100.89M with 0.83% of that held by the insiders while 121.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.01% and return on equity (ROE) at 29.74%. It has a price to earnings ratio (P/E ratio) of 4.99 while having a 4.55 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 1.27 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 6.82% on average.