Sally Beauty Holdings, Inc. (SBH) Given Average Recommendation of “Hold” by Analysts

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) have received a consensus recommendation of “Hold” from the fifteen brokerages that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $17.50.

A number of research analysts recently issued reports on the stock. ValuEngine cut shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Robert W. Baird set a $21.00 price target on shares of Sally Beauty and gave the company a “buy” rating in a research report on Friday, December 22nd. Zacks Investment Research raised shares of Sally Beauty from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Wednesday, January 17th. Morgan Stanley cut shares of Sally Beauty from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, November 8th. Finally, BMO Capital Markets set a $18.00 price target on shares of Sally Beauty and gave the company a “hold” rating in a research report on Thursday, February 8th.

Sally Beauty (NYSE SBH) opened at $17.20 on Tuesday. Sally Beauty has a 12-month low of $14.05 and a 12-month high of $23.15. The stock has a market cap of $2,180.00, a PE ratio of 9.50, a P/E/G ratio of 1.06 and a beta of 0.42. 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 (NYSE:SBH) last issued its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $990.18 million. During the same period last year, the company posted $0.39 EPS. Sally Beauty’s revenue was down .5% on a year-over-year basis. equities analysts anticipate that Sally Beauty will post 2.37 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of SBH. State of Alaska Department of Revenue purchased a new position in Sally Beauty in the fourth quarter worth about $185,000. GSA Capital Partners LLP purchased a new position in Sally Beauty in the third quarter worth about $197,000. Invictus RG purchased a new position in Sally Beauty in the third quarter worth about $202,000. Koch Industries Inc. purchased a new position in Sally Beauty in the fourth quarter worth about $231,000. Finally, Crossmark Global Holdings Inc. purchased a new position in Sally Beauty in the third quarter worth about $261,000.

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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.

Analyst Recommendations for Sally Beauty (NYSE:SBH)

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