Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Sally Beauty Holdings Inc (NYSE: SBH) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/15/23, Sally Beauty Holdings Inc (NYSE: SBH) stock declined modestly by -1.3%, closing at $12.94. Moreover, trading volume in this decline was exceptionally high at 214% of normal. The stock has risen 21.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SBH is expected to continue to be a major Value Builder.
Sally Beauty Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sally Beauty Holdings has a good Appreciation Score of 80 but a very low Power Rating of 6, and the Negative Value Trend Rating results.
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