SBH Stock Summary and Trading Ideas (Sally Beauty Holdings (Name To Be Changed From Sally Holdings Inc.) | NYSE:SBH)

Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.

Sally Beauty Holdings (Name To Be Changed From Sally Holdings Inc.) trades on the NYSE stock market under the symbol SBH.

As of November 29, 2024, SBH stock price declined to $13.93 with 1,117,514 million shares trading.

SBH has a beta of 1.19, meaning it tends to be more sensitive to market movements. SBH has a correlation of 0.11 to the broad based SPY ETF.

SBH has a market cap of $1.42 billion. This is considered a Small Cap stock.

Last quarter Sally Beauty Holdings (Name To Be Changed From Sally Holdings Inc.) reported $935 million in Revenue and $.50 earnings per share. This fell short of revenue expectation by $-732,000 and exceeded earnings estimates by $.03.

In the last 3 years, SBH traded as high as $21.05 and as low as $7.21.

The top ETF exchange traded funds that SBH belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

SBH has outperformed the market in the last year with a price return of +42.1% while the SPY ETF gained +34.1%. However, in the short term, SBH had mixed performance relative to the market. It has underperformed in the last 3 months, returning +6.5% vs +8.2% return in SPY. But in the last 2 weeks, SBH shares have fared better than the market returning +11.2% compared to SPY +2.9%.

SBH support price is $13.71 and resistance is $14.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SBH shares will trade within this expected range on the day.