Sally Beauty Holdings Inc (SBH) Stock Forecast & Predictions

Sally Beauty Holdings Inc SBH: $20.21

3001 Colorado Blvd, Denton, Texas, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.sallybeautyholdings.com/

  • Market Cap$2.22B
  • Change (52 Weeks)121.03%
  • Low (52 Weeks)$8.28
  • Sally Beauty Holdings Inc (SBH) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Sally Beauty Holdings Inc (SBH) stock price is $20.21 and the 52 weeks low is $8.28, which means the Sally Beauty Holdings Inc stock price is up 121.03% in the last 12 months.

    Sally Beauty Holdings Inc (SBH) Stock Price has been Trending Strongly with an ADX reading of 41.98 as per the Weekly Chart.

    A Upward trend indicates that Sally Beauty Holdings Inc (SBH) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that SBH Stock price might rise further, 18.75% indicating that SBH Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall SBH stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Sally Beauty Holdings Inc (SBH) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Sally Beauty Holdings Inc (SBH) is based on 14 Institutional Analyst Ratings where 0.00% are on Strong Buy, 0.00% on Moderate Buy, 57.14% remains on Hold, 7.14% are on Moderate Sell and 35.71% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended SBH stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Sally Beauty Holdings Inc.

    Sally Beauty Holdings Inc (SBH) Stock Price Prediction By Analysts


    HighLowAverage
    $18.90$13.13$15.30
    $15.3024.29% Downside
    Updated: 2021-04-22 00:00:00

    The Average Price target for SBH set by the institutional analysts is $15.30 where High Estimate is $18.90, Median $15.3 and Low $13.13.

    The average price target for SBH by Institutional Analysts is $15.30, which is 24.29% Downside from the current price. So according to the Institutional Analysts, SBH Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Sally Beauty Holdings Inc (SBH) Stock Forecast Based on News Sentiment


    Bullish
    Based on 2 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about SBH, it shows that Sally Beauty Holdings Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that SBH stock price may surge in the next few weeks.

    Sally Beauty Holdings Inc (SBH) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    OppenheimerPerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightUpgraded
    B of A SecuritiesUnderperformMaintained
    DA DavidsonNeutralMaintained
    OppenheimerOutperformMaintained
    OppenheimerOutperformUpgraded
    Morgan StanleyUnderweightMaintained
    BairdNeutralMaintained
    BairdNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Wells FargoEqual-WeightMaintained
    DA DavidsonNeutralUpgraded
    DA DavidsonUnderperformDowngraded
    JefferiesHoldUpgraded
    DA DavidsonNeutralMaintained
    CitigroupUnderweightInitiated
    JefferiesUnderperformDowngraded
    Bank of AmericaUnderperformMaintained
    BMO CapitalMarket PerformMaintained
    Morgan StanleyUnderweightMaintained
    Bank of AmericaUnderperformDowngraded
    Cowen & Co.Market PerformDowngraded
    Morgan StanleyUnderweightMaintained
    BMO CapitalMarket PerformMaintained
    Bank of AmericaNeutralMaintained
    BairdNeutralDowngraded
    DA DavidsonNeutralMaintained
    BMO CapitalMarket PerformMaintained
    BuckinghamNeutralMaintained
    NomuraNeutralMaintained
    Morgan StanleyUnderweightMaintained
    DA DavidsonNeutralDowngraded
    BuckinghamNeutralMaintained
    BMO CapitalMarket PerformMaintained
    Bank of AmericaNeutralMaintained
    JefferiesHoldMaintained
    Morgan StanleyUnderweightDowngraded
    DA DavidsonBuyUpgraded
    DA DavidsonNeutralInitiated
    JefferiesHoldInitiated
    KeyBancSector WeightDowngraded
    OppenheimerPerformDowngraded
    BMO CapitalMarket PerformInitiated
    PiperJaffrayNeutralMaintained
    KeyBancOverweightMaintained
    Wells FargoMarket PerformUpgraded
    BB&T CapitalHoldInitiated
    Morgan StanleyEqual-WeightMaintained
    PiperJaffrayNeutralDowngraded
    BarclaysEqual-WeightMaintained
    OppenheimerOutperformUpgraded
    Morgan StanleyEqual-WeightDowngraded
    Wells FargoOverweightUpgraded
    Goldman SachsBuyUpgraded
    Wells FargoUnderperformDowngraded
    Johnson RiceUpgraded
    BarclaysEqual-WeightMaintained
    B. Riley FBRNeutralDowngraded
    Buckingham ResearchNeutralMaintained
    Raymond JamesOutperformUpgraded
    BarclaysEqual-WeightMaintained
    NomuraNeutralInitiated
    PiperJaffrayOverweightInitiated
    Bank of AmericaBuyMaintained
    Raymond JamesMarket PerformInitiated
    Morgan StanleyOverweightInitiated
    CitigroupHoldMaintained
    Sterne AgeeBuyUpgraded
    KeyBancHoldInitiated
    Wells FargoOutperformUpgraded
    CitigroupNeutralInitiated
    Credit SuisseOutperformMaintained
    Sterne AgeeNeutralDowngraded
    BarclaysEqual-WeightDowngraded
    Sterne AgeeBuyMaintained
    Sterne AgeeBuyInitiated
    Goldman SachsNeutralInitiated
    BarclaysOverweightMaintained
    JP MorganOverweightInitiated
    Bank of AmericaBuyUpgraded
    BarclaysOverweightUpgraded

    Sally Beauty Holdings Inc (SBH) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.441
    The average consensus EPS for SBH is $0.441 with a high estimate of $0.578 and Low of $0.356 for the period 2021-06-30 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.63$0.56219632020-09-30


    The latest average Earning Per Share Estimate for Sally Beauty Holdings Inc is $0.44, which is lower than SBH's last EPS, $0.63. This means that Analysts are expecting Sally Beauty Holdings Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Sally Beauty Holdings Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.63$0.56219632020-09-30
    $-0.11$-0.04780332020-06-30
    $0.23$0.22264442020-03-31
    $0.47$0.56694332019-12-31
    $0.58$0.53754220000000012019-09-30
    $0.6$0.582772019-06-30
    $0.51$0.54448089999999992019-03-31
    $0.57$0.53438089999999992018-12-31
    $0.51$0.482042700000000052018-09-30
    $0.6$0.60783822018-06-30
    $0.54$0.56391332018-03-31
    $0.51$0.42653312017-12-31
    $0.45$0.47236692017-09-30
    $0.52$0.492011400000000042017-06-30
    $0.44$0.419149999999999972017-03-31
    $0.39$0.45382332016-12-31
    $0.41$0.419543899999999972016-09-30
    $0.47$0.47181142016-06-30
    $0.41$0.41536252016-03-31
    $0.43$0.37054882015-12-31
    $0.38$0.395162499999999972015-09-30
    $0.41$0.465276700000000042015-06-30
    $0.39$0.395922015-03-31
    $0.35$0.38447672014-12-31
    $0.39$0.400212499999999972014-09-30
    $0.43$0.43438082014-06-30
    $0.36$0.397606700000000042014-03-31
    $0.35$0.36362013-12-31
    $0.38$0.39555642013-09-30
    $0.42$0.42981562013-06-30
    $0.36$0.392892013-03-31
    $0.32$0.34452112012-12-31
    $0.39$0.36362012-09-30
    $0.38$0.374962500000000032012-06-30
    $0.35$0.32698752012-03-31
    $0.29$0.26262011-12-31
    $0.29$0.277032899999999972011-09-30
    $0.3$0.27846712011-06-30
    $0.26$0.23608752011-03-31
    $0.22$0.191900000000000022010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).