News stories about Sally Beauty (NYSE:SBH) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, 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 articles about the specialty retailer an impact score of 45.2959635322623 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
SBH has been the topic of a number of recent analyst reports. Morgan Stanley lowered shares of Sally Beauty from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, October 21st. Robert W. Baird set a $24.00 price target on shares of Sally Beauty and gave the company a “buy” rating in a research report on Tuesday, November 14th. KeyCorp reissued a “hold” rating on shares of Sally Beauty in a research report on Friday, November 24th. Finally, ValuEngine lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $18.45.
Shares of Sally Beauty (NYSE:SBH) traded down $0.04 during mid-day trading on Friday, reaching $16.00. 3,438,960 shares of the company were exchanged, compared to its average volume of 2,078,672. Sally Beauty has a fifty-two week low of $14.05 and a fifty-two week high of $23.84. The company has a market capitalization of $2,109.79 and a price-to-earnings ratio of 10.42. The company has a debt-to-equity ratio of -4.87, a current ratio of 2.04 and a quick ratio of 0.42.
Sally Beauty (NYSE:SBH) last announced its earnings results on Wednesday, November 15th. The specialty retailer reported $0.45 earnings per share (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 company had revenue of $974.20 million for the quarter, compared to the consensus estimate of $989.96 million. During the same period last year, the firm posted $0.41 EPS. The company’s revenue was down .2% compared to the same quarter last year. equities analysts anticipate that Sally Beauty will post 1.99 EPS for the current fiscal year.
In other news, Director Edward W. Rabin bought 3,750 shares of Sally Beauty stock in a transaction dated Tuesday, November 21st. The shares were bought at an average price of $15.49 per share, for a total transaction of $58,087.50. Following the purchase, the director now owns 14,351 shares of the company’s stock, valued at $222,296.99. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.97% of the stock is currently owned by 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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