Sally Beauty Holdings, Inc. (NYSE: SBH – Get Rating) shares have been given a consensus rating of “Hold” by nine analysts covering the company, reports MarketBeat Ratings. One investment analyst rated the stock with a sell recommendation, five issued hold recommendations, and one issued a buy recommendation. His 12-month average price target for the brokerage, which updated its stock coverage last year, is $14.10.
Recently, several research firms have considered SBH. Morgan Stanley lowered its price target on Sally Beauty stock to her $10.00 in a research note on Wednesday, Nov. 16. Piper Sandler kicked off her coverage of Sally Beauty’s stock in her research notes on Thursday, Dec. 15. They issued an “overweight” rating and a price target of $15.00. DA Davidson lowered his price target on Sally Beauty’s stock from her $14.50 to her $11.50 in a research note on Monday, Nov. 14, giving the stock a “neutral” rating. Finally, StockNews.com downgraded Sally Beauty’s stock from a ‘buy’ rating to a ‘hold’ rating in its research notes on Monday.
saree beauty price performance
SBH opened Thursday at $14.17. The company has a market capitalization of $1.52 billion, an 8.59 price/earnings ratio, and a 1.20 beta. Sally Beauty has her 52-week low at $10.95 and her 52-week high at $19.79. The company has a 50-day moving average price of $12.18 and a 200-day moving average price of $13.03. The company has a quick ratio of 0.29, a current ratio of 1.70 and a debt to equity ratio of 3.69.
Sally Beauty (NYSE:SBH – Get Rating) last announced quarterly earnings data on Thursday, November 10. The specialty retailer reported earnings of $0.50 per share for him in the quarter, beating the consensus estimate of $0.48 by $0.02. The company’s revenue for the quarter was $962.46 million, compared with analyst estimates of $943.88 million. Sally Beauty had a net profit margin of 4.81% and a return on equity of 83.29%. As a group, sell-side analysts expect Sally Beauty to earn his earnings per share this year at 1.88.
institution inflow and outflow
Institutional investors and hedge funds have recently changed their stock positions. The Royal Bank of Canada increased its stake in Sally Beauty by 143.5% in the third quarter. He owns 2,187 shares in the specialty retailer worth $28,000 after Royal Bank of Canada acquired another 1,289 shares in the previous quarter. Assetmark Inc. increased its stake in Sally Beauty by 146.0% in the second quarter. He now owns 2,423 shares in the specialty retailer worth $29,000 after Assetmark Inc. acquired another 1,438 shares last quarter. First Horizon Advisors Inc. increased its Sally Beauty shareholding by 1,882.3% in the second quarter. First Horizon Advisors Inc. now owns 2,458 shares of the specialty retailer worth $29,000 after acquiring an additional 2,334 shares in the previous quarter. Captrust Financial Advisors increased its Sally Beauty shareholding by 34.2% in the first quarter. Captrust Financial Advisors now owns 5,036 shares of the specialty retailer worth $79,000 after acquiring an additional 1,282 shares last quarter. Finally, UBS Group AG increased its holding of Sally Beauty shares by 69.7% in the third quarter. UBS Group AG now owns 6,761 shares in the specialty retailer worth $85,000 after acquiring a further 2,777 shares in the previous quarter.
About Sally Beauty
Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of specialty beauty products. The company operates through his two segments, Sally Beauty Supply (SBS) and Beauty Systems Group (BSG). The SBS segment offers beauty products, including hair color and care products, styling tools, skin and nail care products, cosmetics, and other beauty products for retail customers and salon professionals through retail outlets and digital platforms.
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