NYSE:SBH - Sally Beauty Stock Price, News & Analysis

Sally Beauty trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBH."

Sally Beauty announced that its Board of Directors has approved a stock buyback plan on Friday, September 1st 2017, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 40.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Sally Beauty Holdings, Inc. (NYSE:SBH) released its earnings results on Wednesday, July, 31st. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.02. The specialty retailer had revenue of $975.20 million for the quarter, compared to the consensus estimate of $986.27 million. Sally Beauty had a net margin of 6.65% and a negative return on equity of 151.31%. The business's quarterly revenue was down 2.1% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. View Sally Beauty's Earnings History.

Sally Beauty is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Sally Beauty.

6 Wall Street analysts have issued 12 month price objectives for Sally Beauty's shares. Their forecasts range from $12.00 to $18.00. On average, they anticipate Sally Beauty's stock price to reach $15.30 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets for Sally Beauty.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sally Beauty in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sally Beauty.

Media coverage about SBH stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sally Beauty earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Sally Beauty.

Sally Beauty saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 23,014,300 shares, a drop of 9.3% from the June 30th total of 25,384,700 shares. Based on an average daily trading volume, of 2,190,000 shares, the short-interest ratio is currently 10.5 days. Approximately 19.3% of the company's stock are sold short. View Sally Beauty's Current Options Chain.

Some companies that are related to Sally Beauty include AmeriGas Partners (APU), Yunji (YJ), 1-800-Flowers.Com (FLWS), Star Group (SGU), Titan Machinery (TITN), Jumei International (JMEI), Secoo (SECO), Kirkland's (KIRK) and SpendSmart Networks (SSPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sally Beauty investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and Precision Drilling (PD).

Sally Beauty's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.85%), Atlanta Capital Management Co. L L C (10.59%), Vanguard Group Inc. (9.44%), Kayne Anderson Rudnick Investment Management LLC (3.36%), LSV Asset Management (2.77%) and Ardevora Asset Management LLP (2.30%). Company insiders that own Sally Beauty stock include Aaron E Alt, Christian A Brickman, Edward W Rabin, Marshall E Eisenberg and Scott C Sherman. View Institutional Ownership Trends for Sally Beauty.

SBH stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Schroder Investment Management Group, Schroder Investment Management Group, Point72 Asset Management L.P., Gamco Investors INC. ET AL, Natixis Advisors L.P., Alberta Investment Management Corp and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Sally Beauty.

SBH stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Ardevora Asset Management LLP, Nuveen Asset Management LLC, SG Americas Securities LLC, Bank of New York Mellon Corp, Prospect Capital Advisors LLC, AQR Capital Management LLC and Russell Investments Group Ltd.. Company insiders that have bought Sally Beauty stock in the last two years include Aaron E Alt, Christian A Brickman, Edward W Rabin and Marshall E Eisenberg. View Insider Buying and Selling for Sally Beauty.

Shares of SBH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SBH stock can currently be purchased for approximately $13.00.

Sally Beauty has a market capitalization of $1.57 billion and generates $3.93 billion in revenue each year. The specialty retailer earns $258.04 million in net income (profit) each year or $2.16 on an earnings per share basis. Sally Beauty employs 29,970 workers across the globe.View Additional Information About Sally Beauty.

The official website for Sally Beauty is http://www.sallybeautyholdings.com/.

Sally Beauty's mailing address is 3001 COLORADO BOULEVARD, DENTON TX, 76210. The specialty retailer can be reached via phone at 940-898-7500 or via email at [email protected]