Extremely important negative changes in investment behavior have recently occurred for Sally Beauty Holdings Inc (NYSE: SBH): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Sally Beauty Holdings Inc (NYSE: SBH). Notable negative changes in fundamentals have recently occurred: the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Sally Beauty Holdings has a good Power Rating of 78 and a good Appreciation Score of 80, resulting in the Highest Value Trend Rating.
Recent Price Action
Sally Beauty Holdings Inc (NYSE: SBH) stock declined by -4.7% on 6/13/24. The shares closed at $10.78. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.0% during the last week.
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