September 30, 2022

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National Bank of Canada FI Buys New Position in Sally Beauty Holdings, Inc. (NYSE:SBH)

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Countrywide Bank of Canada FI acquired a new stake in shares of Sally Magnificence Holdings, Inc. (NYSE:SBHGet Score) in the 4th quarter, according to its most current 13F submitting with the Securities and Trade Commission (SEC). The fund acquired 6,800 shares of the specialty retailer’s inventory, valued at roughly $126,000.

A quantity of other hedge money and other institutional investors have also designed modifications to their positions in SBH. US Bancorp DE boosted its position in shares of Sally Magnificence by 43.4% in the third quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s inventory truly worth $32,000 right after obtaining an more 569 shares during the interval. Trade Traded Ideas LLC boosted its position in shares of Sally Natural beauty by 1.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 37,233 shares of the specialty retailer’s inventory worth $687,000 after paying for an extra 596 shares all through the interval. Oppenheimer & Co. Inc. boosted its placement in shares of Sally Beauty by 3.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 25,649 shares of the specialty retailer’s stock worth $432,000 following acquiring an more 763 shares throughout the period of time. O Shaughnessy Asset Administration LLC boosted its place in shares of Sally Magnificence by 65.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 2,001 shares of the specialty retailer’s stock really worth $34,000 just after purchasing an further 794 shares in the course of the interval. Finally, Huntington National Bank boosted its place in shares of Sally Magnificence by 39.8% in the fourth quarter. Huntington National Bank now owns 3,768 shares of the specialty retailer’s inventory worth $70,000 following obtaining an further 1,072 shares through the interval.

SBH inventory opened at $15.36 on Thursday. Sally Attractiveness Holdings, Inc. has a a single yr reduced of $14.92 and a a single yr substantial of $25.66. The company’s fifty working day transferring typical cost is $16.89 and its 200-day relocating ordinary rate is $17.70. The organization has a personal debt-to-fairness ratio of 4.92, a speedy ratio of .60 and a recent ratio of 2.08. The business has a market capitalization of $1.74 billion, a PE ratio of 7.01 and a beta of 1.42.

Sally Magnificence (NYSE:SBHGet Rating) final launched its earnings outcomes on Wednesday, February 2nd. The specialty retailer documented $.63 EPS for the quarter, topping the consensus estimate of $.60 by $.03. Sally Magnificence experienced a net margin of 6.42% and a return on equity of 125.54%. The agency experienced profits of $980.00 million for the quarter, when compared to the consensus estimate of $993.34 million. All through the identical quarter in the former calendar year, the agency earned $.50 earnings for every share. The company’s quarterly income was up 4.7% in comparison to the identical quarter very last 12 months. On typical, investigation analysts forecast that Sally Elegance Holdings, Inc. will submit 2.58 EPS for the existing fiscal year.

SBH has been the issue of a variety of recent analyst stories. DA Davidson dropped their selling price goal on shares of Sally Beauty from $22.00 to $19.50 in a exploration report on Friday, February 4th. StockNews.com initiated protection on shares of Sally Natural beauty in a investigation report on Thursday, March 31st. They issued a “buy” score for the organization. 3 analysts have rated the inventory with a keep score, 3 have assigned a acquire score and a single has assigned a robust buy rating to the enterprise. According to MarketBeat, the company presently has a consensus score of “Buy” and a consensus focus on rate of $23.70.

About Sally Natural beauty (Get Rating)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of expert splendor supplies. The corporation operates via two segments, Sally Elegance Offer and Attractiveness Devices Team. The Sally Splendor Source segment offers natural beauty solutions, like hair color and treatment merchandise, skin and nail care merchandise, styling resources, and other elegance products for retail customers, salons, and salon specialists.

Further Looking through

Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

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