Sally Beauty Holdings Inc (NYSE: SBH) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.40 versus $0.20 for the same period a year ago — an increase of 100%. However, this result fell short of the consensus estimate of $0.46 by $-0.06. E.P.S. were $1.72 for the latest four quarters through September 30 versus $1.69 for the same period a year ago — an increase of 2%.
Recent Price Action
Sally Beauty Holdings Inc (NYSE: SBH) stock closed at $8.80 on 11/14/23 after a very large increase of 8.2%. The stock is unchanged during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SBH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sally Beauty Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sally Beauty Holdings has a very high Appreciation Score of 96 but a very low Power Rating of 9, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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