Sally Beauty Holdings, Inc. (NYSE:SBH) Given Average Recommendation of “Buy” by Brokerages

Robert Hundley

Sally Elegance Holdings, Inc. (NYSE:SBHGet Ranking) has been supplied an typical rating of “Buy” by the eight ratings corporations that are presently masking the inventory, MarketBeat.com reports. Two study analysts have rated the inventory with a maintain rating, three have specified a invest in rating and a person has assigned a strong buy ranking to the company. The common 12-month value aim amongst brokerages that have issued scores on the stock in the previous 12 months is $23.70.

SBH has been the subject of a selection of latest investigation reports. StockNews.com initiated protection on Sally Natural beauty in a exploration note on Thursday, March 31st. They set a “buy” score for the firm. DA Davidson slice their price tag objective on Sally Attractiveness from $22.00 to $19.50 in a exploration observe on Friday, February 4th.

Shares of NYSE SBH traded down $.17 during midday investing on Monday, hitting $15.77. 16,818 shares of the company’s stock traded fingers, when compared to its average volume of 1,458,413. Sally Magnificence has a 1 yr minimal of $14.92 and a 1 yr higher of $25.66. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 7.16 and a beta of 1.42. The enterprise has a debt-to-fairness ratio of 4.92, a fast ratio of .60 and a latest ratio of 2.08. The agency has a fifty day transferring regular of $16.58 and a 200 working day moving typical of $17.63.

Sally Attractiveness (NYSE:SBHGet Rating) very last released its quarterly earnings outcomes on Wednesday, February 2nd. The specialty retailer documented $.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $.60 by $.03. The firm had earnings of $980.00 million in the course of the quarter, as opposed to analyst estimates of $993.34 million. Sally Splendor had a web margin of 6.42{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a return on fairness of 125.54{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The business’s profits for the quarter was up 4.7{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in contrast to the similar quarter previous year. During the very same quarter in the prior 12 months, the company acquired $.50 EPS. On average, equities analysts foresee that Sally Magnificence will put up 2.54 earnings for each share for the latest year.

Hedge funds have a short while ago acquired and marketed shares of the business enterprise. US Bancorp DE boosted its stake in Sally Natural beauty by 43.4{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock really worth $32,000 after paying for an further 569 shares throughout the period. O Shaughnessy Asset Administration LLC boosted its position in shares of Sally Natural beauty by 65.8{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the course of the 3rd quarter. O Shaughnessy Asset Management LLC now owns 2,001 shares of the specialty retailer’s stock valued at $34,000 soon after obtaining an supplemental 794 shares all through the past quarter. Huntington Countrywide Bank boosted its placement in shares of Sally Attractiveness by 39.8{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the course of the 4th quarter. Huntington Countrywide Financial institution now owns 3,768 shares of the specialty retailer’s inventory valued at $70,000 immediately after getting an added 1,072 shares through the very last quarter. Nisa Investment Advisors LLC acquired a new situation in shares of Sally Magnificence throughout the 4th quarter valued at roughly $89,000. Eventually, Neo Ivy Cash Management acquired a new situation in shares of Sally Splendor in the course of the 4th quarter valued at close to $99,000.

About Sally Beauty (Get Rating)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of specialist natural beauty provides. The enterprise operates by two segments, Sally Beauty Source and Beauty Units Team. The Sally Beauty Source phase presents magnificence goods, such as hair shade and care items, pores and skin and nail treatment products and solutions, styling tools, and other elegance products for retail buyers, salons, and salon industry experts.

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Analyst Recommendations for Sally Beauty (NYSE:SBH)



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