Sally Beauty Holdings, Inc. (SBH) Receives Consensus Rating of “Hold” from Brokerages

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) have received an average recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $17.44.

SBH has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Sally Beauty from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. KeyCorp reissued a “hold” rating on shares of Sally Beauty in a research note on Friday, November 24th. DA Davidson downgraded shares of Sally Beauty from a “buy” rating to a “neutral” rating and cut their target price for the company from $21.00 to $16.00 in a research note on Sunday, November 26th. Robert W. Baird set a $21.00 target price on shares of Sally Beauty and gave the company a “buy” rating in a research note on Friday, December 22nd. Finally, ValuEngine downgraded shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st.

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Institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new position in shares of Sally Beauty during the 4th quarter valued at $185,000. GSA Capital Partners LLP purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $197,000. Invictus RG purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $202,000. Koch Industries Inc. purchased a new position in shares of Sally Beauty during the 4th quarter valued at $231,000. Finally, Crossmark Global Holdings Inc. purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $261,000.

Shares of Sally Beauty (SBH) opened at $17.15 on Friday. The company has a debt-to-equity ratio of -5.17, a quick ratio of 0.38 and a current ratio of 1.97. Sally Beauty has a one year low of $14.05 and a one year high of $21.36. The stock has a market cap of $2,135.50, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 1.03 and a beta of 0.37.

Sally Beauty (NYSE:SBH) last announced its earnings results on Thursday, February 8th. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.26. Sally Beauty had a net margin of 6.17% and a negative return on equity of 72.22%. The company had revenue of $994.96 million for the quarter, compared to the consensus estimate of $990.18 million. During the same period in the previous year, the business earned $0.39 EPS. The company’s revenue was down .5% on a year-over-year basis. equities research analysts anticipate that Sally Beauty will post 2.42 earnings per share for the current year.

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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.

Analyst Recommendations for Sally Beauty (NYSE:SBH)

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