June 13, 2024

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Sally Beauty Holdings, Inc. (NYSE:SBH) Receives Consensus Rating of “Buy” from Brokerages

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Sally Attractiveness Holdings, Inc. (NYSE:SBHGet Ranking) has been assigned a consensus suggestion of “Buy” from the 8 analysts that are masking the organization, MarketBeat.com reviews. Two financial commitment analysts have rated the stock with a hold score, a few have issued a buy score and one particular has assigned a sturdy invest in rating to the corporation. The regular 1 yr value aim amongst analysts that have covered the stock in the past yr is $23.70.

Numerous investigation analysts have not too long ago issued reports on SBH shares. DA Davidson minimize their goal selling price on shares of Sally Attractiveness from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com initiated coverage on shares of Sally Splendor in a report on Thursday, March 31st. They issued a “buy” score on the inventory.

Massive buyers have recently additional to or diminished their stakes in the stock. Dynamic Engineering Lab Private Ltd bought a new stake in Sally Splendor in the third quarter valued at $380,000. Qube Investigation & Systems Ltd boosted its holdings in Sally Beauty by 29.6% in the fourth quarter. Qube Investigate & Technologies Ltd now owns 19,392 shares of the specialty retailer’s stock valued at $358,000 following getting an additional 4,426 shares in the final quarter. Blueshift Asset Administration LLC acquired a new stake in Sally Attractiveness in the third quarter valued at $274,000. Geode Cash Management LLC boosted its holdings in shares of Sally Beauty by .4% through the 3rd quarter. Geode Cash Administration LLC now owns 1,845,272 shares of the specialty retailer’s inventory valued at $31,092,000 soon after shopping for an supplemental 6,613 shares in the previous quarter. Last but not least, Balyasny Asset Administration LLC bought a new stake in shares of Sally Attractiveness during the 3rd quarter valued at $1,273,000.

Shares of Sally Natural beauty stock traded down $.17 on Monday, hitting $15.77. 16,818 shares of the firm traded fingers, in comparison to its regular quantity of 1,458,413. The organization has a marketplace cap of $1.78 billion, a P/E ratio of 7.16 and a beta of 1.42. The firm’s 50-day straightforward moving typical is $16.58 and its 200 working day very simple shifting ordinary is $17.63. Sally Natural beauty has a 12-month small of $14.92 and a 12-thirty day period superior of $25.66. The organization has a present ratio of 2.08, a speedy ratio of .60 and a debt-to-equity ratio of 4.92.

Sally Attractiveness (NYSE:SBHGet Rating) previous produced its quarterly earnings facts on Wednesday, February 2nd. The specialty retailer described $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. The agency experienced income of $980.00 million for the quarter, compared to the consensus estimate of $993.34 million. Sally Attractiveness experienced a return on equity of 125.54% and a net margin of 6.42%. The company’s quarterly revenue was up 4.7% on a year-in excess of-12 months basis. In the course of the exact quarter in the prior yr, the enterprise acquired $.50 earnings for each share. Analysts forecast that Sally Elegance will post 2.54 earnings per share for the present calendar year.

About Sally Elegance (Get Rating)

Sally Splendor Holdings, Inc operates as a specialty retailer and distributor of professional natural beauty supplies. The enterprise operates via two segments, Sally Beauty Supply and Beauty Devices Team. The Sally Splendor Supply section presents magnificence products, together with hair color and treatment products, skin and nail treatment products and solutions, styling tools, and other magnificence merchandise for retail clients, salons, and salon specialists.

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Analyst Recommendations for Sally Beauty (NYSE:SBH)

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