Sally Beauty Holdings Inc. (NYSE:SBH) shares traded lower over the last trading session, losing -0.25% on 04/07/21. The shares fell to a low of $19.485 before closing at $19.76. Intraday shares traded counted 1.45 million, which was 27.43% higher than its 30-day average trading volume of 2.00M. SBH’s previous close was $19.81 while the outstanding shares total 112.47M. The firm has a beta of 1.66, a 12-month trailing P/E ratio of 19.15, and a growth ratio of 0.64. The stock’s Relative Strength Index (RSI) is 53.60, with weekly volatility at 3.48% and ATR at 0.96. The SBH stock’s 52-week price range has touched low of $6.75 and a $21.91 high.
Investors have identified the Specialty Retail company Sally Beauty Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.22 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sally Beauty Holdings Inc. (SBH) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SBH, the company has in raw cash 537.64 million on their books with 0.19 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.55 billion total, with 590.34 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.93 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SBH sounds very interesting.
Is the stock of SBH attractive?
In related news, President & CEO, Brickman Christian A. bought 10,000 shares of the company’s stock in a transaction that recorded on Feb 08. The purchase was performed at an average price of 14.53, for a total value of 145,250. As the purchase deal closes, the Director, RABIN EDWARD W now bought 4,000 shares of the company’s stock, valued at 42,936. Also, President & CEO, Brickman Christian A. bought 11,350 shares of the company’s stock in a deal that was recorded on Nov 17. The shares were cost at an average price of 10.94 per share, with a total market value of 124,145. Following this completion of disposal, the Director, RABIN EDWARD W now holds 4,000 shares of the company’s stock, valued at 44,163. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
0 out of 7 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Sally Beauty Holdings Inc.. 1 analysts has assigned a Sell rating on the SBH stock. The 12-month mean consensus price target for the company’s shares has been set at $15.00.