Sally Beauty Holdings, Inc. (NYSE:SBH) Receives Average Recommendation of “Hold” from Analysts

Robert Hundley

Shares of Sally Beauty Holdings, Inc. (NYSE:SBHGet Rating) have earned a consensus ranking of “Hold” from the 8 investigate companies that are at this time masking the firm, Marketbeat Ratings experiences. Two expenditure analysts have rated the stock with a offer suggestion and two have issued a maintain advice on the enterprise. The average 12 thirty day period selling price aim between analysts that have protected the stock in the final 12 months is $17.88.

SBH has been the subject of a selection of current analyst experiences. Cowen dropped their price tag aim on Sally Elegance from $30.00 to $20.00 in a report on Friday, May 6th. Raymond James cut Sally Beauty from a “market perform” ranking to an “underperform” rating in a report on Wednesday, June 29th. Morgan Stanley lower Sally Splendor from an “equal weight” rating to an “underweight” rating and dropped their price tag aim for the company from $19.00 to $12.00 in a report on Thursday, June 16th. StockNews.com reduce Sally Natural beauty from a “buy” score to a “hold” rating in a report on Thursday. Last but not least, TheStreet slice Sally Splendor from a “b-” score to a “c+” ranking in a report on Thursday, June 23rd.

NYSE SBH opened at $12.81 on Friday. The business has a marketplace cap of $1.37 billion, a P/E ratio of 5.64 and a beta of 1.41. The firm has a personal debt-to-equity ratio of 5.08, a rapid ratio of .59 and a latest ratio of 2.27. The business’s 50 day going regular cost is $13.79 and its 200-day moving ordinary value is $15.95. Sally Beauty has a fifty-two week low of $11.28 and a fifty-two week superior of $22.85.

Sally Beauty (NYSE:SBHGet Ranking) last posted its quarterly earnings knowledge on Thursday, May well 5th. The specialty retailer documented $.47 earnings for every share (EPS) for the quarter, missing analysts’ consensus estimates of $.51 by ($.04). Sally Elegance had a internet margin of 6.66{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a return on fairness of 104.07{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The company experienced revenue of $911.40 million for the quarter, in comparison to analysts’ expectations of $951.20 million. Through the same quarter in the earlier 12 months, the firm attained $.57 EPS. Sally Beauty’s revenue was down 1.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} when compared to the exact quarter previous yr. As a group, equities analysts predict that Sally Splendor will article 2.29 EPS for the latest 12 months.

Numerous hedge money have recently modified their holdings of the enterprise. Trade Traded Concepts LLC lifted its holdings in shares of Sally Natural beauty by 1.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 4th quarter. Exchange Traded Principles LLC now owns 37,233 shares of the specialty retailer’s stock truly worth $687,000 just after purchasing an more 596 shares all through the period of time. Comerica Bank lifted its holdings in shares of Sally Splendor by .8{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 1st quarter. Comerica Financial institution now owns 97,759 shares of the specialty retailer’s stock worthy of $1,590,000 right after shopping for an further 785 shares all through the period of time. Yousif Cash Management LLC lifted its stake in shares of Sally Attractiveness by .8{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} all through the 1st quarter. Yousif Cash Management LLC now owns 103,797 shares of the specialty retailer’s stock well worth $1,622,000 after purchasing an further 785 shares throughout the past quarter. Nisa Expenditure Advisors LLC boosted its placement in Sally Splendor by 17.3{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} all through the initially quarter. Nisa Expenditure Advisors LLC now owns 6,100 shares of the specialty retailer’s stock valued at $95,000 immediately after paying for an more 900 shares in the final quarter. Last but not least, Profund Advisors LLC boosted its situation in Sally Magnificence by 8.1{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the course of the very first quarter. Profund Advisors LLC now owns 12,580 shares of the specialty retailer’s inventory valued at $197,000 after acquiring an supplemental 938 shares in the previous quarter.

Sally Elegance Enterprise Profile (Get Ranking)

Sally Splendor Holdings, Inc operates as a specialty retailer and distributor of skilled beauty materials. The firm operates by means of two segments, Sally Elegance Source and Natural beauty Programs Group. The Sally Attractiveness Source section gives attractiveness goods, including hair shade and treatment goods, skin and nail treatment products, styling tools, and other natural beauty items for retail prospects, salons, and salon experts.

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