Brokers Issue New Targets On Sally Beauty Holdings, Inc. (NYSE:SBH)

by Frankie Norman May 7, 2017, 0:46
Brokers Issue New Targets On Sally Beauty Holdings, Inc. (NYSE:SBH)

(NYSE:SBH) to report $0.42 earnings per share (EPS) for the current quarter, according to Zacks. Currently Sally Beauty Holdings Inc. KeyCorp also issued estimates for Sally Beauty Holdings' Q4 2017 earnings at $0.44 EPS and FY2017 earnings at $1.72 EPS. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. Sally Beauty Holdings, Inc. In contrast to the year ago quarter EPS was at 0.52. BlackRock Institutional Trust Company N.A. increased its position in shares of Sally Beauty Holdings by 17.0% in the third quarter. An earnings estimate is an analyst's estimate for a company's future quarterly or annual earnings.

The company's expected revenue in the current quarter to be 986.68 Million, seeing a projected current quarter growth of 2.4%, and per annum growth estimates over the next 5 year period of around 6.02%.

Sally Beauty Holdings, Inc. The business's revenue was up.2% on a year-over-year basis. The Marianas Fund Management Llc holds 175,400 shares with $4.63M value, down from 1.06M last quarter. Recently, investment analysts covering the stock have updated the mean rating to 2.7. The stock has "Sector Weight" rating by KeyBanc Capital Markets on Monday, April 24. Morgan Stanley decreased their price objective on Sally Beauty Holdings to $24.00 in a report on Friday, February 3rd.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

02/06/2017 - Sally Beauty Holdings, Inc. had its "neutral" rating reiterated by analysts at B. Riley. Ameriprise Financial Inc. now owns 604,587 shares of the specialty retailer's stock worth $12,358,000 after buying an additional 231,793 shares in the last quarter. The share price is now down -8.10% for the past three months. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SBH has been the topic of several other reports. SG Americas Securities LLC acquired a new stake in Sally Beauty Holdings during the third quarter worth approximately $889,000. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/05/04/zacks-investment-research-downgrades-sally-beauty-holdings-inc-sbh-to-sell-updated-updated.html.

The number of shares traded in the last trading session was 5.15 Million.

Over the past 50 days, Sally Beauty Holdings, Inc. Ladenburg Thalmann Financial Services Inc. raised its position in Sally Beauty Holdings by 0.3% in the fourth quarter. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Meadow Creek Investment Management LLC raised its stake in shares of Sally Beauty Holdings by 11.8% in the first quarter. Pacer Advisors Inc. now owns 7,595 shares of the specialty retailer's stock valued at $195,000 after buying an additional 520 shares during the period.

08/05/2016 - Sally Beauty Holdings, Inc. had its "outperform" rating reiterated by analysts at Robert W. Baird. (SBH). Average true range (ATR-14) of the company is at 0.46. If you are accessing this report on another publication, it was illegally copied and republished in violation of worldwide trademark & copyright laws.

08/05/2016 - Sally Beauty Holdings, Inc. had its "neutral" rating reiterated by analysts at Piper Jaffray.

Sally Beauty Holdings, Inc.is an worldwide specialty retailer and distributor of professional beauty supplies with activities primarily in North America, South America and Europe. The firm has a market cap of $2.83 billion, a PE ratio of 12.31 and a beta of 0.69. The stock's 50 day moving average is $20.36 and its 200 day moving average is $24.20. Their 52-Week High and Low are noted here.

Sally Beauty Holdings, Inc is an global specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe.


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