Sally Beauty Holdings, Inc. (NYSE:SBH) Given Consensus Rating of "Hold" by Analysts

Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) has earned a consensus rating of "Hold" from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $12.70.

Separately, Wall Street Zen downgraded shares of Sally Beauty from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in shares of Sally Beauty in the first quarter worth approximately $309,000. Charles Schwab Investment Management Inc. grew its position in Sally Beauty by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,605,586 shares of the specialty retailer's stock valued at $27,228,000 after purchasing an additional 59,478 shares in the last quarter. GAMMA Investing LLC grew its position in Sally Beauty by 8,210.4% during the first quarter. GAMMA Investing LLC now owns 42,549 shares of the specialty retailer's stock valued at $384,000 after purchasing an additional 42,037 shares in the last quarter. Millennium Management LLC grew its position in Sally Beauty by 1,177.7% during the fourth quarter. Millennium Management LLC now owns 1,136,121 shares of the specialty retailer's stock valued at $11,872,000 after purchasing an additional 1,047,199 shares in the last quarter. Finally, M&T Bank Corp grew its position in Sally Beauty by 127.4% during the fourth quarter. M&T Bank Corp now owns 64,352 shares of the specialty retailer's stock valued at $672,000 after purchasing an additional 36,057 shares in the last quarter.

Sally Beauty Trading Up 0.5%

Sally Beauty stock opened at $9.01 on Friday. The company has a quick ratio of 0.44, a current ratio of 2.32 and a debt-to-equity ratio of 1.29. The firm has a 50-day moving average price of $8.66 and a two-hundred day moving average price of $9.48. The firm has a market capitalization of $908.72 million, a price-to-earnings ratio of 5.06 and a beta of 1.25. Sally Beauty has a 52-week low of $7.54 and a 52-week high of $14.79.

Sally Beauty (NYSE:SBH - Get Free Report) last released its earnings results on Monday, May 12th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.03. Sally Beauty had a net margin of 5.03% and a return on equity of 29.48%. The business had revenue of $883.15 million for the quarter, compared to the consensus estimate of $901.00 million. During the same period in the previous year, the firm earned $0.35 EPS. The business's revenue for the quarter was down 2.8% on a year-over-year basis. Sell-side analysts expect that Sally Beauty will post 1.81 earnings per share for the current year.

Sally Beauty Company Profile

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 products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.

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