With 1.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.11 million shares. The 52-week range on SBH shows that it touched its highest point at $14.79 and its lowest point at $7.54 during that stretch. It currently has a 1-year price target of $12.00. Beta for the stock currently stands at 1.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SBH was down-trending over the past week, with a drop of -1.15%, but this was up by 7.22% over a month. Three-month performance dropped to -7.52% while six-month performance fell -37.20%. The stock lost -28.49% in the past year, while it has lost -17.61% so far this year. A look at the trailing 12-month EPS for SBH yields 1.77 with Next year EPS estimates of 1.92. For the next quarter, that number is 0.43. This implies an EPS growth rate of 2.88% for this year and 10.45% for next year. EPS is expected to grow by 8.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.67%.
Float and Shares Shorts:
At present, 100.89 million SBH shares are outstanding with a float of 98.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SBH since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.70243 being high and $1.60228 being low. For SBH, this leads to a yearly average estimate of $1.66237.
