Shares of Sally Splendor Holdings, Inc. (NYSE:SBH – Get Rating) have been supplied an average recommendation of “Buy” by the eight exploration firms that are covering the company, Marketbeat.com stories. Two analysts have rated the stock with a keep advice, a few have assigned a purchase suggestion and a person has presented a strong buy recommendation to the firm. The normal 1-yr selling price objective amongst analysts that have covered the inventory in the very last calendar year is $23.70.
Numerous brokerages have commented on SBH. DA Davidson lowered their focus on price tag on shares of Sally Magnificence from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com initiated protection on shares of Sally Splendor in a report on Thursday. They established a “buy” ranking for the company.
Shares of NYSE:SBH traded down $.15 on Thursday, reaching $15.48. 1,274,799 shares of the company’s stock were exchanged, as opposed to its average quantity of 1,412,351. The firm 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 week lower of $15.17 and a fifty-two week significant of $25.66. The business’s 50-day relocating common is $17.02 and its two-hundred day shifting ordinary is $17.74. The firm has a speedy ratio of .60, a latest ratio of 2.08 and a credit card debt-to-fairness ratio of 4.92.
Sally Natural beauty (NYSE:SBH – Get Ranking) last launched its quarterly earnings data 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 enterprise had revenue of $980.00 million for the quarter, when compared to analysts’ expectations of $993.34 million. Sally Magnificence had a web margin of 6.42% and a return on fairness of 125.54%. The company’s earnings for the quarter was up 4.7% when compared to the exact quarter previous yr. For the duration of the identical quarter final 12 months, the corporation acquired $.50 EPS. Analysts predict that Sally Splendor will post 2.58 earnings for every share for the latest fiscal 12 months.
A number of hedge money have just lately made modifications to their positions in SBH. US Bancorp DE raised its stake in shares of Sally Beauty by 43.4% throughout the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock well worth $32,000 right after getting an supplemental 569 shares in the final quarter. O Shaughnessy Asset Management LLC elevated its stake in Sally Elegance 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 additional 794 shares for the duration of the period. Huntington National Bank enhanced its placement in Sally Elegance by 39.8% during the 4th quarter. Huntington Nationwide Financial institution now owns 3,768 shares of the specialty retailer’s inventory worthy of $70,000 just after obtaining an additional 1,072 shares all through the period of time. Nisa Expenditure Advisors LLC acquired a new placement in Sally Attractiveness during the 4th quarter value $89,000. Last but not least, Neo Ivy Funds Administration purchased a new situation in Sally Beauty for the duration of the 4th quarter really worth $99,000.
Sally Elegance Enterprise Profile (Get Rating)
Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor of qualified elegance supplies. The company operates as a result of two segments, Sally Attractiveness Offer and Beauty Programs Group. The Sally Attractiveness Provide section gives attractiveness products, such as hair color and treatment solutions, skin and nail treatment products and solutions, styling resources, and other magnificence solutions for retail customers, salons, and salon gurus.
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