News articles about Sally Beauty (NYSE:SBH) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, 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 media headlines about the specialty retailer an impact score of 45.2959635322623 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
SBH has been the subject of several recent research reports. Cowen set a $18.00 price target on shares of Sally Beauty and gave the company a “buy” rating in a report on Thursday, November 16th. Robert W. Baird set a $24.00 target price on shares of Sally Beauty and gave the stock a “buy” rating in a research report on Tuesday, November 14th. DA Davidson raised shares of Sally Beauty from a “neutral” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Monday, October 16th. Zacks Investment Research upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Wednesday. Finally, KeyCorp reiterated a “hold” rating on shares of Sally Beauty in a research note on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $18.45.
Shares of Sally Beauty (NYSE:SBH) opened at $18.42 on Thursday. The company has a quick ratio of 0.42, a current ratio of 2.04 and a debt-to-equity ratio of -4.87. The company has a market capitalization of $2,293.97, a PE ratio of 11.88, a price-to-earnings-growth ratio of 1.64 and a beta of 0.65. Sally Beauty has a fifty-two week low of $14.05 and a fifty-two week high of $26.13.
Sally Beauty (NYSE:SBH) last issued 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). The company had revenue of $974.20 million for the quarter, compared to analyst estimates of $989.96 million. Sally Beauty had a net margin of 5.46% and a negative return on equity of 74.84%. The business’s revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. equities research analysts forecast that Sally Beauty will post 1.96 earnings per share for the current fiscal year.
In other news, Director Edward W. Rabin acquired 3,750 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were bought at an average price of $15.49 per share, with a total value 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 can be accessed 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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