Sally Beauty (NYSE:SBH) Price Target Cut to $11.50 by Analysts at DA Davidson

Robert Hundley

Sally Beauty (NYSE:SBH – Get Ranking) experienced its rate goal reduced by expenditure analysts at DA Davidson from $14.50 to $11.50 in a research report issued on Monday, Inventory Target Advisor stories. The business at the moment has a “neutral” ranking on the specialty retailer’s stock. DA Davidson’s price tag aim suggests a likely draw back of 13.79{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} from the firm’s past near.

Numerous other investigate companies have also commented on SBH. Cowen lowered shares of Sally Attractiveness from an “outperform” ranking to a “sector accomplish” score and established a $17.00 price focus on for the organization. in a investigation report on Friday, August 12th. Morgan Stanley lowered their rate target on shares of Sally Splendor from $12.00 to $11.00 and set an “underweight” score for the organization in a exploration report on Monday, August 8th. initiated protection on shares of Sally Splendor in a investigation report on Wednesday, October 12th. They established a “keep” score for the business. At last, Cowen reduced shares of Sally Beauty from an “outperform” rating to a “industry execute” score and set a $17.00 target price tag for the firm. in a investigate report on Friday, August 12th. Two analysts have rated the stock with a promote ranking and 5 have provided a keep ranking to the firm’s inventory. Based mostly on information from, the inventory at present has an typical rating of “Maintain” and a consensus value target of $14.13.

Sally Natural beauty Inventory Up 3.7 {5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}

SBH stock opened at $13.34 on Monday. The business has a credit card debt-to-equity ratio of 3.66, a latest ratio of 1.60 and a fast ratio of .29. Sally Attractiveness has a 1-yr minimal of $11.28 and a 1-calendar year superior of $21.86. The organization has a fifty working day transferring regular cost of $13.14 and a two-hundred day going average rate of $13.66. The firm has a sector cap of $1.43 billion, a value-to-earnings ratio of 8.08 and a beta of 1.29.

Hedge Resources Weigh In On Sally Attractiveness

A range of institutional investors and hedge resources have lately purchased and sold shares of SBH. Gamco Traders INC. ET AL lifted its holdings in Sally Splendor by 7.9{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 3rd quarter. Gamco Traders INC. ET AL now owns 883,574 shares of the specialty retailer’s stock valued at $11,133,000 just after acquiring an further 64,394 shares through the final quarter. Dimensional Fund Advisors LP lifted its holdings in Sally Elegance by 1.5{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,455,072 shares of the specialty retailer’s inventory valued at $30,937,000 soon after getting an additional 36,919 shares during the previous quarter. Tower Analysis Capital LLC TRC lifted its holdings in Sally Beauty by 291.5{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 3rd quarter. Tower Research Cash LLC TRC now owns 14,537 shares of the specialty retailer’s stock valued at $183,000 just after acquiring an additional 10,824 shares throughout the past quarter. UBS Team AG lifted its holdings in Sally Splendor by 69.7{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the 3rd quarter. UBS Group AG now owns 6,761 shares of the specialty retailer’s inventory valued at $85,000 after buying an additional 2,777 shares all through the last quarter. Last but not least, Jupiter Asset Management Ltd. acquired a new stake in Sally Magnificence in the 3rd quarter valued at about $18,270,000.

Sally Elegance Business Profile

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Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor of expert elegance materials. The corporation operates via two segments, Sally Attractiveness Source and Elegance Units Group. The Sally Elegance Provide section provides attractiveness items, which includes hair coloration and care solutions, pores and skin and nail treatment goods, styling tools, and other attractiveness solutions for retail buyers, salons, and salon gurus.

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Analyst Recommendations for Sally Beauty (NYSE:SBH)

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