Alert: Major Price Advance (8/15/24)-Sally Beauty Holdings Inc (NYSE: SBH).

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On 8/15/24, Sally Beauty Holdings Inc (NYSE: SBH) stock enjoyed a major increase of 11.5%, closing at $12.65. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months but has risen 34.7% during the last week.

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Current PriceTarget Research Rating

SBH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Sally Beauty Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sally Beauty Holdings has a good Appreciation Score of 84 but a poor Power Rating of 21, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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