Sally Splendor Holdings, Inc. (NYSE:SBH – Get Ranking) has been assigned a consensus suggestion of “Buy” from the eight analysts that are covering the business, MarketBeat.com studies. Two financial commitment analysts have rated the stock with a maintain score, a few have issued a invest in score and a person has assigned a potent acquire score to the business. The normal 1 calendar year price goal amongst analysts that have lined the inventory in the final yr is $23.70.
Numerous investigate analysts have not too long ago issued experiences on SBH shares. DA Davidson slice their focus on price on shares of Sally Attractiveness from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com initiated protection on shares of Sally Natural beauty in a report on Thursday, March 31st. They issued a “buy” rating on the stock.
Massive traders have just lately added to or lessened their stakes in the stock. Dynamic Engineering Lab Non-public Ltd acquired a new stake in Sally Attractiveness in the third quarter valued at $380,000. Qube Investigate & Technologies Ltd boosted its holdings in Sally Splendor by 29.6% in the fourth quarter. Qube Investigation & Systems Ltd now owns 19,392 shares of the specialty retailer’s stock valued at $358,000 just after obtaining an additional 4,426 shares in the last quarter. Blueshift Asset Administration LLC bought a new stake in Sally Elegance in the 3rd quarter valued at $274,000. Geode Funds Administration LLC boosted its holdings in shares of Sally Magnificence by .4% during the 3rd quarter. Geode Funds Administration LLC now owns 1,845,272 shares of the specialty retailer’s stock valued at $31,092,000 soon after acquiring an supplemental 6,613 shares in the very last quarter. Last but not least, Balyasny Asset Administration LLC purchased a new stake in shares of Sally Splendor throughout the 3rd quarter valued at $1,273,000.
Shares of Sally Attractiveness stock traded down $.17 on Monday, hitting $15.77. 16,818 shares of the company traded arms, compared to its normal quantity of 1,458,413. The company has a current market cap of $1.78 billion, a P/E ratio of 7.16 and a beta of 1.42. The firm’s 50-working day basic relocating average is $16.58 and its 200 day basic relocating regular is $17.63. Sally Magnificence has a 12-month lower of $14.92 and a 12-thirty day period higher of $25.66. The corporation has a recent ratio of 2.08, a speedy ratio of .60 and a credit card debt-to-fairness ratio of 4.92.
Sally Natural beauty (NYSE:SBH – Get Score) very last produced its quarterly earnings details on Wednesday, February 2nd. The specialty retailer documented $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. The organization experienced profits of $980.00 million for the quarter, in contrast to the consensus estimate of $993.34 million. Sally Splendor experienced a return on fairness of 125.54% and a internet margin of 6.42%. The company’s quarterly income was up 4.7% on a yr-above-year basis. Through the similar quarter in the former yr, the business gained $.50 earnings for every share. Analysts predict that Sally Beauty will submit 2.54 earnings for every share for the existing year.
About Sally Beauty (Get Rating)
Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional attractiveness materials. The corporation operates by two segments, Sally Elegance Offer and Magnificence Methods Group. The Sally Attractiveness Source segment delivers magnificence items, like hair shade and treatment items, skin and nail care products and solutions, styling equipment, and other magnificence goods for retail buyers, salons, and salon gurus.
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