Sally Beauty Holdings (NYSE: SBH) has recently received a number of price target changes and ratings updates:

  • 8/5/2017 – Sally Beauty Holdings was given a new $21.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 7/31/2017 – Sally Beauty Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/24/2017 – Sally Beauty Holdings had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $23.00 price target on the stock.
  • 7/18/2017 – Sally Beauty Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “SALLY BEAUTY HOLDING INC is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through they Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, Spain and Germany. “
  • 7/12/2017 – Sally Beauty Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/12/2017 – Sally Beauty Holdings was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “SALLY BEAUTY HOLDING INC is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through they Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, Spain and Germany. “
  • 7/6/2017 – Sally Beauty Holdings was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “SALLY BEAUTY HOLDING INC is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through they Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, Spain and Germany. “
  • 7/6/2017 – Sally Beauty Holdings is now covered by analysts at DA Davidson. They set a “neutral” rating and a $23.00 price target on the stock.
  • 7/5/2017 – Sally Beauty Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/10/2017 – Sally Beauty Holdings was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) opened at 21.14 on Tuesday. The company has a 50-day moving average price of $19.73 and a 200 day moving average price of $20.55. Sally Beauty Holdings, Inc. has a 52 week low of $17.26 and a 52 week high of $30.17. The stock has a market capitalization of $2.93 billion, a PE ratio of 13.11 and a beta of 0.65.

Sally Beauty Holdings (NYSE:SBH) last issued its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.03. Sally Beauty Holdings had a negative return on equity of 80.60% and a net margin of 5.89%. The firm had revenue of $998.04 million during the quarter, compared to analyst estimates of $1 billion. During the same period last year, the company earned $0.47 EPS. Sally Beauty Holdings’s quarterly revenue was up .0% compared to the same quarter last year. Equities analysts forecast that Sally Beauty Holdings, Inc. will post $1.82 EPS for the current fiscal year.

In other news, CEO Christian A. Brickman acquired 10,000 shares of Sally Beauty Holdings stock in a transaction on Wednesday, May 24th. The shares were bought at an average cost of $17.61 per share, for a total transaction of $176,100.00. Following the acquisition, the chief executive officer now directly owns 152,743 shares of the company’s stock, valued at approximately $2,689,804.23. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert R. Mcmaster acquired 5,500 shares of Sally Beauty Holdings stock in a transaction on Friday, June 2nd. The shares were purchased at an average price of $18.03 per share, for a total transaction of $99,165.00. Following the completion of the acquisition, the insider now directly owns 40,630 shares in the company, valued at $732,558.90. The disclosure for this purchase can be found here. Insiders have purchased a total of 51,750 shares of company stock valued at $932,060 over the last three months. 0.97% of the stock is owned by corporate insiders.

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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