Sally Beauty Holdings, Inc. (NYSE:SBH) Receives $23.70 Consensus PT from Brokerages

Shares of Sally Magnificence Holdings, Inc. (NYSE:SBH – Get Rating) have been given an typical recommendation of “Buy” by the 8 investigation companies that are covering the company, Marketbeat.com reviews. Two analysts have rated the stock with a maintain recommendation, 3 have assigned a obtain recommendation and just one has supplied a robust invest in recommendation to the firm. The average 1-year price aim among analysts that have covered the stock in the very last yr is $23.70.

A number of brokerages have commented on SBH. DA Davidson reduced their concentrate on selling price on shares of Sally Magnificence from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com initiated coverage on shares of Sally Beauty in a report on Thursday. They established a “buy” rating for the corporation.

Shares of NYSE:SBH traded down $.15 on Thursday, reaching $15.48. 1,274,799 shares of the company’s inventory were being exchanged, as opposed to its typical volume of 1,412,351. The business has a market capitalization of $1.75 billion, a selling price-to-earnings ratio of 7.07 and a beta of 1.45. Sally Attractiveness has a fifty-two 7 days very low of $15.17 and a fifty-two 7 days high of $25.66. The business’s 50-working day moving normal is $17.02 and its two-hundred working day shifting average is $17.74. The company has a fast ratio of .60, a present ratio of 2.08 and a debt-to-equity ratio of 4.92.

Sally Magnificence (NYSE:SBH – Get Score) very last launched its quarterly earnings data on Wednesday, February 2nd. The specialty retailer described $.63 earnings for every share for the quarter, topping the Zacks’ consensus estimate of $.60 by $.03. The business enterprise experienced profits of $980.00 million for the quarter, in comparison 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 profits for the quarter was up 4.7% in contrast to the exact quarter previous 12 months. Throughout the very same quarter final yr, the company attained $.50 EPS. Analysts predict that Sally Elegance will publish 2.58 earnings per share for the latest fiscal 12 months.

Quite a few hedge cash have not long ago built changes to their positions in SBH. US Bancorp DE raised its stake in shares of Sally Magnificence by 43.4% during the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock truly worth $32,000 following purchasing an additional 569 shares in the last quarter. O Shaughnessy Asset Administration LLC lifted its stake in Sally Magnificence 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 after buying an supplemental 794 shares in the course of the interval. Huntington Nationwide Bank amplified its situation in Sally Natural beauty by 39.8% through the 4th quarter. Huntington Nationwide Bank now owns 3,768 shares of the specialty retailer’s inventory worth $70,000 right after obtaining an supplemental 1,072 shares in the course of the period. Nisa Investment decision Advisors LLC acquired a new posture in Sally Elegance during the 4th quarter value $89,000. Eventually, Neo Ivy Funds Management purchased a new situation in Sally Beauty throughout the 4th quarter well worth $99,000.

Sally Natural beauty Enterprise Profile (Get Rating)

Sally Attractiveness Holdings, Inc operates as a specialty retailer and distributor of qualified magnificence materials. The firm operates as a result of two segments, Sally Natural beauty Source and Beauty Devices Team. The Sally Elegance Source phase features magnificence solutions, which include hair coloration and treatment solutions, pores and skin and nail care solutions, styling instruments, and other magnificence products for retail buyers, salons, and salon specialists.

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