Headlines about Sally Beauty (NYSE:SBH) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sally Beauty earned a news impact score of 0.21 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 45.3828737714882 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Sally Beauty (SBH) opened at $18.37 on Friday. Sally Beauty has a 12-month low of $14.05 and a 12-month high of $26.47. The company has a debt-to-equity ratio of -4.87, a current ratio of 2.04 and a quick ratio of 0.42. The stock has a market cap of $2,367.64, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 1.72 and a beta of 0.65.
Sally Beauty (NYSE:SBH) last released its earnings results on Wednesday, November 15th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The company had revenue of $974.20 million during the quarter, compared to analysts’ expectations of $989.96 million. Sally Beauty had a negative return on equity of 74.84% and a net margin of 5.46%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS. equities analysts expect that Sally Beauty will post 1.93 earnings per share for the current year.
A number of equities analysts recently commented on SBH shares. Nomura decreased their price objective on shares of Sally Beauty from $20.00 to $18.00 and set a “neutral” rating for the company in a research note on Thursday, November 16th. Cowen set a $18.00 price objective on shares of Sally Beauty and gave the stock a “buy” rating in a research note on Thursday, November 16th. DA Davidson raised shares of Sally Beauty from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Monday, October 16th. BMO Capital Markets decreased their price objective on shares of Sally Beauty from $21.00 to $16.00 and set a “market perform” rating for the company in a research note on Wednesday, November 15th. Finally, Buckingham Research decreased their price objective on shares of Sally Beauty from $21.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, November 16th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the stock. Sally Beauty currently has an average rating of “Hold” and an average target price of $18.55.
In other Sally Beauty news, Director Edward W. Rabin purchased 3,750 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were acquired at an average price of $15.49 per share, for a total transaction of $58,087.50. Following the acquisition, the director now owns 14,351 shares of the company’s stock, valued at $222,296.99. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.97% of the stock is currently owned by company insiders.
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Sally Beauty Company Profile
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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