Sally Beauty (NYSE:SBH) Sets New 12-Month Low at $11.47

Robert Hundley

Sally Attractiveness Holdings, Inc. (NYSE:SBHGet Ranking)’s share price attained a new 52-7 days low throughout buying and selling on Wednesday . The stock traded as reduced as $11.47 and past traded at $11.58, with a quantity of 7152 shares. The stock had beforehand closed at $12.19.

A variety of equities analysts have weighed in on the organization. TheStreet minimize Sally Beauty from a “b-” ranking to a “c+” ranking in a report on Thursday, June 23rd. Cowen reduced their goal rate on shares of Sally Magnificence from $30.00 to $20.00 in a research be aware on Friday, May 6th. downgraded shares of Sally Attractiveness from a “buy” ranking to a “hold” ranking in a exploration note on Tuesday. Oppenheimer minimize shares of Sally Beauty from an “outperform” score to a “market perform” score in a research report on Thursday, May 5th. Lastly, Cowen minimize their price concentrate on on Sally Magnificence from $30.00 to $20.00 in a investigation be aware on Friday, Might 6th. Two analysts have rated the stock with a market score and three have issued a maintain rating to the enterprise. According to MarketBeat, the organization has an common rating of “Hold” and a consensus price target of $18.70.

The stock has a current market capitalization of $1.28 billion, a P/E ratio of 5.25 and a beta of 1.34. The enterprise has a present-day ratio of 2.27, a speedy ratio of .59 and a financial debt-to-fairness ratio of 5.08. The stock’s 50 working day easy going ordinary is $14.13 and its 200 day very simple shifting average is $16.19.

Sally Attractiveness (NYSE:SBHGet Ranking) very last released its earnings benefits on Thursday, May 5th. The specialty retailer described $.47 EPS for the quarter, lacking analysts’ consensus estimates of $.51 by ($.04). Sally Attractiveness had a return on fairness of 104.07{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a internet margin of 6.66{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The firm had revenue of $911.40 million for the quarter, as opposed to the consensus estimate of $951.20 million. Throughout the similar interval in the prior year, the business acquired $.57 EPS. The company’s quarterly revenue was down 1.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} on a calendar year-more than-year foundation. On average, provide-facet analysts anticipate that Sally Beauty Holdings, Inc. will submit 2.3 EPS for the present-day fiscal calendar year.

Several significant investors have not too long ago acquired and marketed shares of the enterprise. Morgan Stanley lifted its posture in shares of Sally Magnificence by 1.{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the course of the 3rd quarter. Morgan Stanley now owns 1,353,140 shares of the specialty retailer’s inventory worthy of $22,801,000 just after purchasing an additional 13,870 shares throughout the interval. Marshall Wace LLP obtained a new stake in shares of Sally Natural beauty in the 3rd quarter truly worth about $315,000. BNP Paribas Arbitrage SA boosted its stake in Sally Magnificence by 154.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} through the 3rd quarter. BNP Paribas Arbitrage SA now owns 110,546 shares of the specialty retailer’s stock valued at $1,863,000 right after acquiring an more 67,123 shares all through the period of time. Balyasny Asset Management LLC acquired a new position in Sally Attractiveness in the 3rd quarter worthy of about $1,273,000. Eventually, UBS Asset Administration Americas Inc. lifted its holdings in shares of Sally Attractiveness by 12.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} throughout the 3rd quarter. UBS Asset Management Americas Inc. now owns 180,839 shares of the specialty retailer’s inventory valued at $3,047,000 right after acquiring an extra 20,255 shares throughout the last quarter.

Sally Splendor Business Profile (NYSE:SBH)

Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor of expert natural beauty materials. The company operates by two segments, Sally Splendor Offer and Magnificence Programs Team. The Sally Elegance Offer segment delivers elegance merchandise, which include hair shade and care items, skin and nail treatment solutions, styling applications, and other natural beauty products for retail prospects, salons, and salon industry experts.

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