Alert: Major Price Advance (7/11/24)-Sally Beauty Holdings Inc (NYSE: SBH).

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Sally Beauty Holdings Inc (NYSE: SBH) stock closed at $11.06 on 7/11/24 after a major increase of 11.3%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -0.5% 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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Sally Beauty Holdings has a slightly positive Power Rating of 66 and a good Appreciation Score of 82, producing the Highest Value Trend Rating.

Rating Review

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

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