Sally Beauty Holdings (NYSE:SBH) shares traded 4.12% up during most recent session to reach at the closing price of $17.7. The stock exchanged hands 2.65 Million shares versus average trading capacity of 2.04 Million shares, yielding a market cap of $2.09 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $14.33 within the next 52-weeks. The mean target projections are based on 9 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sally Beauty Holdings (NYSE:SBH) high price target of $17 and with a conservative view have low price target of $13.
BMO Capital “Maintained” Sally Beauty Holdings (NYSE:SBH) in a research note issued to investors on 8/07/18 to Market Perform with price target of $14.
Additionally on 8/06/18 Morgan Stanley “Maintained” Sally Beauty Holdings (NYSE:SBH) to Underweight setting price target at $13 and on 7/16/18 Bank of America “Downgrades” the stock to Underperform at $0. Furthermore on 6/20/18 Cowen & Co. “Downgrades” the stock to Market Perform at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 78.95 along with Average True Range (ATR 14) of 0.47, Consequently Sally Beauty Holdings (NYSE:SBH)’s weekly and monthly volatility is 3.34%, 2.86% respectively. The company’s beta value is at 0.18.
In terms of Buy, Sell or Hold recommendations, Sally Beauty Holdings (NYSE:SBH) has analysts’ mean recommendation of 3.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Sally Beauty Holdings (NYSE:SBH)’s minimum EPS for the current quarter is at $0.45 and can go high up to $0.53. The consensus mean EPS for the current quarter is at $0.48 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.45 earnings per share for the same quarter during last year.
Previously Sally Beauty Holdings (NYSE:SBH) reported $0.6 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.6 by $0. The company posted an earnings surprise of 0%.
Sally Beauty Holdings (NYSE:SBH)’s revenue estimates for the current quarter are $962.96 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $980.7 Million in contradiction of low revenue estimates of $953.1 Million. For the current year the company’s revenue estimates are $3.93 Billion compared to low analyst estimates of $3.92 Billion and high estimates of $3.95 Billion according to 11 number of analysts.
Currently Sally Beauty Holdings (NYSE:SBH)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 15.45%, as well as three-month change in the institutional ownership was recorded 3.4%.
Sally Beauty Holdings (NYSE:SBH)’s trailing twelve month revenues are $3.94 Billion, whereas its price to sales ratio for the same period is 0.53. Its book value per share for the most recent quarter is $-2.7 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.65, however its price to cash per share ratio for the same period is 27.23. The stock has 5 year expected PEG ratio of 1.62 whereas its trailing twelve month P/E ratio is 10.31.