Shares of Sally Elegance Holdings, Inc. (NYSE:SBH – Get Score) have been provided an ordinary recommendation of “Buy” by the eight investigate corporations that are covering the firm, Marketbeat.com experiences. Two analysts have rated the inventory with a hold suggestion, 3 have assigned a acquire advice and just one has given a potent buy suggestion to the firm. The common 1-yr cost goal among the analysts that have covered the inventory in the final 12 months is $23.70.
Numerous brokerages have commented on SBH. DA Davidson lowered their goal price on shares of Sally Beauty from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com initiated coverage on shares of Sally Magnificence in a report on Thursday. They established a “buy” rating for the firm.
Shares of NYSE:SBH traded down $.15 on Thursday, reaching $15.48. 1,274,799 shares of the company’s inventory have been exchanged, in contrast to its regular quantity of 1,412,351. The organization has a market place capitalization of $1.75 billion, a cost-to-earnings ratio of 7.07 and a beta of 1.45. Sally Splendor has a fifty-two 7 days reduced of $15.17 and a fifty-two week superior of $25.66. The business’s 50-working day relocating regular is $17.02 and its two-hundred day relocating common is $17.74. The firm has a brief ratio of .60, a present-day ratio of 2.08 and a debt-to-equity ratio of 4.92.
Sally Magnificence (NYSE:SBH – Get Rating) very last produced its quarterly earnings knowledge on Wednesday, February 2nd. The specialty retailer noted $.63 earnings for each share for the quarter, topping the Zacks’ consensus estimate of $.60 by $.03. The organization experienced income of $980.00 million for the quarter, in contrast to analysts’ expectations of $993.34 million. Sally Beauty had a web margin of 6.42% and a return on fairness of 125.54%. The company’s revenue for the quarter was up 4.7% in comparison to the same quarter very last yr. Through the same quarter final year, the corporation earned $.50 EPS. Analysts forecast that Sally Magnificence will post 2.58 earnings for each share for the present-day fiscal calendar year.
Various hedge resources have lately produced improvements to their positions in SBH. US Bancorp DE lifted its stake in shares of Sally Splendor by 43.4% for the duration of the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s inventory well worth $32,000 just after paying for an extra 569 shares in the last quarter. O Shaughnessy Asset Administration LLC elevated its stake in Sally Natural beauty by 65.8% in the 3rd quarter. O Shaughnessy Asset Administration LLC now owns 2,001 shares of the specialty retailer’s inventory valued at $34,000 just after acquiring an more 794 shares during the time period. Huntington National Lender elevated its place in Sally Attractiveness by 39.8% throughout the 4th quarter. Huntington National Bank now owns 3,768 shares of the specialty retailer’s inventory really worth $70,000 after obtaining an further 1,072 shares in the course of the interval. Nisa Investment Advisors LLC purchased a new situation in Sally Splendor throughout the 4th quarter worth $89,000. Finally, Neo Ivy Money Administration purchased a new place in Sally Elegance in the course of the 4th quarter truly worth $99,000.
Sally Magnificence Organization Profile (Get Ranking)
Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of experienced magnificence supplies. The business operates by way of two segments, Sally Elegance Source and Magnificence Techniques Team. The Sally Magnificence Source phase features attractiveness products and solutions, which includes hair color and treatment items, pores and skin and nail treatment items, styling applications, and other natural beauty products and solutions for retail prospects, salons, and salon industry experts.
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