Sally Beauty Holdings, Inc. (NYSE:SBH) has received a consensus rating of “Hold” from the ten research firms that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $14.42.

SBH has been the topic of several analyst reports. Wells Fargo & Co reiterated a “buy” rating on shares of Allergan in a report on Tuesday, June 25th. DA Davidson initiated coverage on WillScot in a report on Tuesday, June 25th. They set a “buy” rating and a $19.00 target price on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $32.00 target price (down previously from $40.00) on shares of Healthcare Services Group in a report on Friday. Bank of America reiterated an “underperform” rating and set a $1.25 target price (down previously from $4.50) on shares of Superior Energy Services in a report on Tuesday, June 25th. Finally, Zacks Investment Research lowered HENGAN INTL GRP/ADR from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 21st.

Shares of Sally Beauty stock traded up $0.29 during trading on Friday, reaching $12.02. The stock had a trading volume of 1,910,300 shares, compared to its average volume of 1,656,726. The company has a market cap of $1.43 billion, a P/E ratio of 5.56, a price-to-earnings-growth ratio of 1.51 and a beta of 0.42. The business’s fifty day simple moving average is $14.22. Sally Beauty has a 52 week low of $11.46 and a 52 week high of $23.61.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings results on Wednesday, May 1st. The specialty retailer reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). The firm had revenue of $945.90 million during the quarter, compared to the consensus estimate of $964.08 million. Sally Beauty had a net margin of 6.28% and a negative return on equity of 110.97%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. Equities research analysts predict that Sally Beauty will post 2.19 EPS for the current year.

In other Sally Beauty news, CEO Christian A. Brickman acquired 5,000 shares of the company’s stock in a transaction on Friday, May 31st. The shares were purchased at an average price of $14.93 per share, for a total transaction of $74,650.00. Following the completion of the purchase, the chief executive officer now directly owns 360,332 shares of the company’s stock, valued at $5,379,756.76. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Edward W. Rabin acquired 5,500 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average price of $16.38 per share, for a total transaction of $90,090.00. Following the purchase, the director now directly owns 19,732 shares of the company’s stock, valued at $323,210.16. The disclosure for this purchase can be found here. Insiders have purchased 22,000 shares of company stock worth $351,135 in the last quarter. 1.04% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. grew its position in shares of Sally Beauty by 4.1% in the fourth quarter. Victory Capital Management Inc. now owns 24,351 shares of the specialty retailer’s stock valued at $415,000 after purchasing an additional 949 shares during the last quarter. Comerica Bank grew its position in Sally Beauty by 1.8% during the fourth quarter. Comerica Bank now owns 79,321 shares of the specialty retailer’s stock worth $1,383,000 after buying an additional 1,416 shares in the last quarter. Prudential Financial Inc. grew its position in Sally Beauty by 256.0% during the fourth quarter. Prudential Financial Inc. now owns 296,854 shares of the specialty retailer’s stock worth $5,062,000 after buying an additional 213,460 shares in the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in Sally Beauty during the fourth quarter worth approximately $516,000. Finally, BlackRock Inc. grew its position in Sally Beauty by 1.7% during the fourth quarter. BlackRock Inc. now owns 14,219,957 shares of the specialty retailer’s stock worth $242,451,000 after buying an additional 238,504 shares in the last quarter.

About Sally Beauty

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.

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Analyst Recommendations for Sally Beauty (NYSE:SBH)

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