Sally Magnificence Holdings, Inc. (NYSE:SBH) Wanting on the Common Advice of “Maintain” by Analysts


Sally Magnificence Holdings, Inc. (NYSE:SBH – GET Ranking) has obtained a “maintain” consensus suggestion from eight analysis corporations at present protecting the inventory, MarketBeat Rankings studies. Two Fairness Analysis analysts have rated the inventory with “Promote” score and three have “Maintain” recommendation for the corporate. The typical 1-year worth goal amongst brokers who issued a report on the inventory final 12 months is $16.38.

SBH has been the topic of many analysis analyst studies. Oppenheimer downgraded Sally Magnificence from an “outperform” score to a “market efficiency” score in a analysis report on Thursday, Might 5. Raymond James downgraded Sally Magnificence from a “market carry out” score to an “underperform” score in a report on Wednesday, June 29. StockNews.com downgraded Sally Magnificence from a “purchase” score to a “maintain” score in a report Friday. The Road downgraded Sally Magnificence from a “B-” score to a “C+” score in a report on Thursday, June 23. Lastly, Cowen lowered her goal worth on Sally Magnificence from $30.00 to $20.00 in a report on Friday, Might 6.

Sally Magnificence Inventory Up 4.4%

Shares of SBH traded at $0.61 throughout buying and selling hours on Monday, reaching $14.35. The inventory had a buying and selling quantity of 92,412 shares, whereas its common quantity was 1,448,017. Sally Magnificence’s 12-month low is $11.28 and 12-month excessive is $21.86. The agency has a 50-day easy transferring common of $13.19 and a 200-day easy transferring common of $15.17. The corporate has a present ratio of 1.60, a fast ratio of 0.29 and a debt-to-equity ratio of three.66. The corporate has a market capitalization of $1.54 billion, a price-to-earnings ratio of seven.02 and a beta of 1.38.

Sally’s Magnificence (NYSE: SBH – GET RATINGS) final launched its quarterly earnings figures on Thursday, Aug. The specialty retailer reported earnings per share of $0.55 for the quarter, not lacking the consensus estimate of $0.59 ($0.04). Sally Magnificence had a internet margin of 5.99% and a return on fairness of 90.85%. The corporate had income of $961.47 million for the quarter, in comparison with the consensus estimate of $950.97 million. Throughout the identical quarter final 12 months, the enterprise generated earnings per share of $0.68. Sally Magnificence’s income was down 6.0% on a year-over-year foundation. Fairness analysis analysts count on Sally Magnificence to earn 2.2 per share for the present fiscal.

Sally Magnificence’s Institutional Enterprise

A number of giant traders have not too long ago modified their holdings in SBH. Schroder Funding Administration Group purchased a brand new stake in Sally Magnificence for roughly $1,971,000 within the fourth quarter. Nysa Funding Advisors LLC elevated its place in Sally Magnificence by 17.3% within the first quarter. Nysa Funding Advisors LLC now owns 6,100 shares of the specialty retailer’s inventory value $95,000 after buying an extra 900 shares through the earlier quarter. Invenomic Capital Administration LP elevated its place in Sally Magnificence by 41.9% within the fourth quarter. Invenomic Capital Administration LP now holds 132,743 shares of the specialty retailer’s inventory value $2,451,000, after buying an extra 39,221 shares over the past quarter. Encourage Investing LLC bought a brand new stake in Sally Magnificence value roughly $239,000 within the first quarter. Lastly, Dice Analysis & Applied sciences Ltd elevated its place in Sally Magnificence by 29.6% within the fourth quarter. After buying an extra 4,426 shares through the earlier quarter, Dice Analysis & Applied sciences Ltd now owns 19,392 shares of the specialty retailer’s inventory value $358,000.

Sally Magnificence Firm Profile

(get score)

Sally Magnificence Holdings, Inc. operates as an unique retailer and distributor {of professional} magnificence provides. The corporate operates by means of two segments, Sally Magnificence Provide and Magnificence Programs Group. The Sally Magnificence Provide phase provides magnificence merchandise together with hair coloration and care merchandise, pores and skin and nail care merchandise, styling instruments and different magnificence merchandise for retail purchasers, salons and salon professionals.

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