Comerica Financial institution improved its posture in Sally Attractiveness Holdings, Inc. (NYSE:SBH – Get Rating) by .8% in the to start with quarter, in accordance to its most modern 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,759 shares of the specialty retailer’s stock soon after attaining an supplemental 785 shares through the time period. Comerica Bank’s holdings in Sally Splendor had been really worth $1,590,000 as of its most the latest filing with the Securities and Exchange Fee (SEC).
A quantity of other institutional investors and hedge funds also a short while ago added to or lessened their stakes in SBH. Counterpoint Mutual Funds LLC obtained a new placement in shares of Sally Beauty in the first quarter valued at about $66,000. Nisa Investment Advisors LLC purchased a new posture in Sally Attractiveness for the duration of the 4th quarter worth around $89,000. National Lender of Canada FI obtained a new stake in Sally Natural beauty during the 4th quarter valued at around $126,000. Issue72 Hong Kong Ltd procured a new stake in shares of Sally Splendor in the 4th quarter valued at $165,000. Last but not least, Encourage Investing LLC obtained a new stake in shares of Sally Beauty in the to start with quarter worth $239,000.
Sally Elegance Stock Up .4 %
Shares of SBH opened at $13.69 on Tuesday. The business has a market place cap of $1.46 billion, a P/E ratio of 6.03 and a beta of 1.41. Sally Splendor Holdings, Inc. has a 12 thirty day period minimal of $11.28 and a 12 thirty day period higher of $22.85. The stock’s 50 day going regular is $13.30 and its two-hundred working day transferring normal is $15.46. The organization has a present-day ratio of 2.27, a fast ratio of .59 and a debt-to-fairness ratio of 5.08.
Sally Natural beauty (NYSE:SBH – Get Rating) very last unveiled its quarterly earnings results on Thursday, May possibly 5th. The specialty retailer claimed $.47 earnings for every share (EPS) for the quarter, lacking analysts’ consensus estimates of $.51 by ($.04). The corporation experienced revenue of $911.40 million in the course of the quarter, compared to analyst estimates of $951.20 million. Sally Natural beauty experienced a web margin of 6.66% and a return on fairness of 104.07%. Sally Beauty’s revenue was down 1.6% compared to the exact same quarter final year. During the identical period of time in the prior yr, the enterprise posted $.57 EPS. Analysts forecast that Sally Splendor Holdings, Inc. will publish 2.29 earnings for each share for the latest fiscal 12 months.
Analysts Established New Price Targets
SBH has been the subject of various the latest study reports. TheStreet reduced shares of Sally Beauty from a “b-” rating to a “c+” score in a report on Thursday, June 23rd. Raymond James downgraded Sally Magnificence from a “market perform” rating to an “underperform” score in a investigate be aware on Wednesday, June 29th. Morgan Stanley downgraded Sally Splendor from an “equal weight” ranking to an “underweight” score and lowered their price concentrate on for the firm from $19.00 to $12.00 in a report on Thursday, June 16th. StockNews.com upgraded Sally Beauty from a “hold” ranking to a “buy” rating in a investigation report on Monday. Finally, Oppenheimer decreased shares of Sally Elegance from an “outperform” rating to a “market perform” rating in a report on Thursday, May well 5th. Two investigate analysts have rated the stock with a promote ranking, two have specified a keep ranking and a person has presented a acquire score to the firm. Based mostly on info from MarketBeat, the company now has a consensus ranking of “Hold” and an normal focus on price of $18.70.
Sally Elegance Profile
Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of specialist natural beauty materials. The enterprise operates as a result of two segments, Sally Natural beauty Provide and Attractiveness Techniques Group. The Sally Splendor Offer section delivers beauty products and solutions, like hair shade and treatment goods, skin and nail treatment solutions, styling tools, and other beauty products and solutions for retail buyers, salons, and salon specialists.
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