Investors Shouldn’t Give in to Irrational Fear: Sally Beauty Holdings, Inc. (SBH), Kellogg Company (K)

Sally Beauty Holdings, Inc. (NYSE:SBH) recently ticked higher on strong volume. About 2.1 million contracts were traded on 30-Sep-18 compared to daily average volume of 1.81 million shares. The first sale was made at $18.05 but later the stock became weaker, and closed with a gain of 1.83%. It was last traded at $18.39 apiece.

Sally Beauty Holdings, Inc. (SBH): Hold Candidate With -20.83% Upside Potential

Sally Beauty Holdings, Inc. is maintained at an average hold rating by 10 stock analysts, and there are at least 22.15% of shares outstanding that are currently legally short sold. The shares went up by 20.43% in value last month. Year-to-date it plunged -1.97%. Analysts are turning out to be more pessimistic than before, with 0 of analysts who cover Sally Beauty Holdings, Inc. (NYSE:SBH) advice adding it to buy candidate list. Wall Street experts also assign a $14.56 price target on Sally Beauty Holdings, Inc., pointing towards a -20.83% drop from current levels. The stock is trading for about -9.45% less than its 52-week high.

Sally Beauty Holdings, Inc. Reports 2.05% Sales Growth

Sally Beauty Holdings, Inc. (SBH) remained unsuccessful in beating the consensus-estimated $0.6 as it actually earned $0.6 per share in its last reported financial results. Revenue, on the other hand, scored 2.05% growth from the previous quarter, coming up with $995.3 million.

SBH Adds 0.16% In A Week

This company shares (SBH) so far managed to recover 34% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.37% while shortening the period to a week, volatility was 2.72%. The share price has already crossed its 20 days moving average, floating at a distance of 7.08% and sits 15.15% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.16% gains and is up by 11.99% compared with its 200-day moving average of $15.99. Also, Sally Beauty Holdings, Inc. (SBH) needs to overturn a -8.33% decrease it experienced over the past twelve months.

Kellogg Company (NYSE:K) Consensus Call At 2.7

As regular trading ended, Kellogg Company (K) stock brought in a $0.01 rise to $70.02. The day started at a price of $70.15 but then traded as high as $70.76 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.7. Kellogg Company is given 4 buy-equivalent recommendations, 0 sells and 9 holds. The company shares sank -6.62% from their peak of $74.98 and now has a $24.15 billion market value of equity.

Kellogg Company Could Grow 3.76% More

K’s mean recommendation on Reuter’s scale presents no change from 2.61 thirty days ago to 2.61 now, which indicates a hold consensus from the analyst community. They see Kellogg Company (K) price hitting a mean target of $72.65 a share, meaning the stock still has potential that could lift the price another 3.76% . Also, the recent close suggests the stock is underpriced by 28.53% compared to the most bullish target.

Kellogg Company (K) Returns 3% This Year

The company had seen its current volume reaching at 2.09 million shares in the last trade. That compares with the recent volume average of 1.77 million. At the close of regular trading, its last week’s stock price volatility was 1.44% which for the month reaches 1.65%. Kellogg Company dipped to as low as $69.91 throughout the day and has returned 3% in this year. At one point in the past year, the shares traded as low as $56.4 but has recovered 24.15% since then.