Comerica Bank elevated its place in Sally Natural beauty Holdings, Inc. (NYSE:SBH – Get Rating) by .8% in the 1st quarter, according to its most the latest 13F submitting with the Securities and Exchange Commission (SEC). The fund owned 97,759 shares of the specialty retailer’s stock right after attaining an supplemental 785 shares during the period. Comerica Bank’s holdings in Sally Beauty have been worthy of $1,590,000 as of its most current filing with the Securities and Trade Commission (SEC).
A number of other institutional investors and hedge resources also recently included to or decreased their stakes in SBH. Counterpoint Mutual Money LLC acquired a new placement in shares of Sally Attractiveness in the to start with quarter valued at about $66,000. Nisa Financial commitment Advisors LLC procured a new placement in Sally Beauty during the 4th quarter really worth somewhere around $89,000. Countrywide Bank of Canada FI obtained a new stake in Sally Magnificence throughout the 4th quarter valued at around $126,000. Issue72 Hong Kong Ltd ordered a new stake in shares of Sally Attractiveness in the 4th quarter valued at $165,000. At last, Inspire Investing LLC obtained a new stake in shares of Sally Magnificence in the very first quarter really worth $239,000.
Sally Magnificence Inventory Up .4 %
Shares of SBH opened at $13.69 on Tuesday. The firm has a current market cap of $1.46 billion, a P/E ratio of 6.03 and a beta of 1.41. Sally Magnificence Holdings, Inc. has a 12 month small of $11.28 and a 12 thirty day period higher of $22.85. The stock’s 50 day shifting typical is $13.30 and its two-hundred day going average is $15.46. The organization has a latest ratio of 2.27, a fast ratio of .59 and a credit card debt-to-equity ratio of 5.08.
Sally Attractiveness (NYSE:SBH – Get Rating) previous launched its quarterly earnings outcomes on Thursday, May 5th. The specialty retailer documented $.47 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $.51 by ($.04). The organization had earnings of $911.40 million through the quarter, when compared to analyst estimates of $951.20 million. Sally Natural beauty experienced a internet margin of 6.66% and a return on equity of 104.07%. Sally Beauty’s earnings was down 1.6% when compared to the very same quarter past yr. In the course of the exact time period in the prior 12 months, the company posted $.57 EPS. Analysts predict that Sally Attractiveness Holdings, Inc. will article 2.29 earnings per share for the latest fiscal calendar year.
Analysts Established New Price Targets
SBH has been the matter of a number of recent study studies. TheStreet decreased shares of Sally Magnificence from a “b-” ranking to a “c+” score in a report on Thursday, June 23rd. Raymond James downgraded Sally Splendor from a “market perform” ranking to an “underperform” score in a investigation take note on Wednesday, June 29th. Morgan Stanley downgraded Sally Natural beauty from an “equal weight” rating to an “underweight” ranking and decreased their cost focus on for the company from $19.00 to $12.00 in a report on Thursday, June 16th. StockNews.com upgraded Sally Beauty from a “hold” rating to a “buy” ranking in a exploration report on Monday. Lastly, Oppenheimer lowered shares of Sally Natural beauty from an “outperform” rating to a “market perform” rating in a report on Thursday, Might 5th. Two analysis analysts have rated the inventory with a provide score, two have presented a maintain rating and one has specified a get rating to the business. Based on information from MarketBeat, the corporation at the moment has a consensus rating of “Hold” and an normal goal value of $18.70.
Sally Attractiveness Profile
Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of specialist elegance materials. The business operates by two segments, Sally Attractiveness Provide and Elegance Methods Group. The Sally Natural beauty Source segment offers splendor products, which includes hair colour and treatment goods, pores and skin and nail care solutions, styling resources, and other magnificence items for retail prospects, salons, and salon pros.
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