Sally Beauty Holdings Company Profile (NYSE:SBH)

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

Sally Beauty Holdings announced that its board has initiated a share buyback program on Friday, September 1st 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 40.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Sally Beauty Holdings, Inc. (NYSE:SBH) released its earnings results on Thursday, August, 3rd. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The company had revenue of $998.04 million for the quarter, compared to analyst estimates of $1 billion. Sally Beauty Holdings had a net margin of 5.89% and a negative return on equity of 80.60%. The company's revenue was up .0% compared to the same quarter last year. During the same period last year, the business posted $0.47 EPS. View Sally Beauty Holdings' Earnings History.

Sally Beauty Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Sally Beauty Holdings.

12 brokers have issued 12-month target prices for Sally Beauty Holdings' shares. Their forecasts range from $20.00 to $29.00. On average, they expect Sally Beauty Holdings' stock price to reach $24.78 in the next year. View Analyst Ratings for Sally Beauty Holdings.

Here are some recent quotes from research analysts about Sally Beauty Holdings stock:

• 1. According to Zacks Investment Research, "SALLY BEAUTY HOLDING INC is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.5 billion annually. Through they Supply and Beauty Systems Group businesses, the Company sells and distributes through over 3,500 stores, including approximately 200 franchised units, throughout the United States, the United Kingdom, Canada, Puerto Rico, Mexico, Japan, Ireland, Spain and Germany. " (7/18/2017)
• 2. Morgan Stanley analysts commented, "We are lowering our bear case (from $20 to $15) more than our bull case (from $32 to $30) to reflect a slightly worse risk/reward skew. Q1 results were weak which wasn't a big surprise. EPS missed ($0.39 vs. Street $0.45) and comps were light (+0.4% vs. Street +1.5%, including SBS comps of -0.6% vs. Street +0.9%). The stock was reflecting this, having fallen ~13% since December 8th. The downward revision to FY17 guidance (EBIT dollars expected to be up LSDs to MSDs vs. MSDs previously) was also not a surprise. Newly announced cost savings ($30-$32 million pre-tax or $0.13-$0.14) will cushion FY17 EPS and should limit the near-term downside risk to the shares." (2/3/2017)

Some companies that are related to Sally Beauty Holdings include Cabela's (CAB), The Michaels Companies (MIK), Stamps.com (STMP), Ollie's Bargain Outlet Holdings (OLLI), Party City Holdco (PRTY), Rent-A-Center (RCII), West Marine (WMAR), Barnes & Noble Education (BNED), Container Store (The) (TCS), Gaia (GAIA), EVINE Live (EVLV) and Dover Saddlery (DOVR).

Sally Beauty Holdings' management team includes the folowing people:

• Robert R. McMaster, Chairman of the Board
• Christian A. Brickman, President, Chief Executive Officer, Interim President of Sally Beauty U.S. and Canada, Director
• Donald T. Grimes, Chief Financial Officer, Chief Operating Officer, Senior Vice President
• Carrie S. McDermott, President of Sally Beauty Supply LLC
• Matthew Olen Haltom, Senior Vice President, General Counsel, Secretary
• Brent G. Baxter, Vice President, Controller and Principal Accounting Officer
• Katherine Button Bell, Independent Director
• Erin Nealy Cox, Independent Director
• Marshall E. Eisenberg, Independent Director
• David W. Gibbs, Independent Director

Sally Beauty Holdings' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Atlanta Capital Management Co. L L C (10.16%), Vanguard Group Inc. (8.07%), BlackRock Inc. (8.04%), Janus Henderson Group PLC (6.70%), FMR LLC (5.30%) and Nordea Investment Management AB (4.37%). Company insiders that own Sally Beauty Holdings stock include Christian A Brickman, Edward W Rabin, Gary Winterhalter, Janna Minton, John A Miller, Mark Gregory Spinks, Mark J Flaherty, Marshall E Eisenberg, Matthew Olen Haltom and Robert R Mcmaster. View Institutional Ownership Trends for Sally Beauty Holdings.

Sally Beauty Holdings' stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, FMR LLC, Sei Investments Co., Epoch Investment Partners Inc., BlackRock Inc., Wells Fargo & Company MN, Comerica Bank and BTIM Corp.. Company insiders that have sold Sally Beauty Holdings stock in the last year include Janna Minton and Matthew Olen Haltom. View Insider Buying and Selling for Sally Beauty Holdings.

Sally Beauty Holdings' stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Burgundy Asset Management Ltd., Balyasny Asset Management LLC, Victory Capital Management Inc., Nordea Investment Management AB, Lord Abbett & CO. LLC, Goldman Sachs Group Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Sally Beauty Holdings stock in the last two years include Christian A Brickman, Edward W Rabin, John A Miller and Robert R Mcmaster. View Insider Buying and Selling for Sally Beauty Holdings.

Shares of Sally Beauty Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Sally Beauty Holdings stock can currently be purchased for approximately $18.95.