Media headlines about Sally Beauty (NYSE:SBH) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sally Beauty earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.2959635322623 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Robert W. Baird set a $21.00 target price on shares of Sally Beauty and gave the stock a “buy” rating in a research note on Friday, December 22nd. DA Davidson lowered shares of Sally Beauty from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $21.00 to $16.00 in a research note on Sunday, November 26th. KeyCorp reaffirmed a “hold” rating on shares of Sally Beauty in a research note on Friday, November 24th. Finally, Zacks Investment Research lowered shares of Sally Beauty from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. Sally Beauty presently has a consensus rating of “Hold” and a consensus price target of $18.55.
Sally Beauty (NYSE:SBH) opened at $17.73 on Thursday. Sally Beauty has a one year low of $14.05 and a one year high of $26.47. The company has a debt-to-equity ratio of -4.87, a quick ratio of 0.42 and a current ratio of 2.04. The company has a market cap of $2,250.00, a PE ratio of 11.44, a PEG ratio of 1.68 and a beta of 0.65.
Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Wednesday, November 15th. The specialty retailer reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.02). Sally Beauty had a negative return on equity of 74.84% and a net margin of 5.46%. The business had revenue of $974.20 million for the quarter, compared to analyst estimates of $989.96 million. During the same quarter in the prior year, the company earned $0.41 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. research analysts anticipate that Sally Beauty will post 1.93 earnings per share for the current year.
In other Sally Beauty news, Director Edward W. Rabin acquired 3,750 shares of Sally Beauty stock in a transaction dated Tuesday, November 21st. The stock was bought at an average cost of $15.49 per share, for a total transaction of $58,087.50. Following the purchase, the director now directly owns 14,351 shares in the company, valued at approximately $222,296.99. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.48% of the company’s stock.
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About Sally Beauty
Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.
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