Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sally Beauty Holdings (SBH) Share Price
Press coverage about Sally Beauty Holdings (NYSE:SBH) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sally Beauty Holdings earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.7577112282944 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Sally Beauty Holdings, Inc. (Na (NYSE:SBH) Experiences Heavy Trading Volume – Modern Readers (modernreaders.com)
- Sally Beauty Holdings, Inc. (SBH) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Sally Beauty Holdings, Inc. (SBH) Downgraded by BidaskClub to “Sell” (americanbankingnews.com)
- Sally Beauty Holdings, Inc. – Value Analysis (NYSE:SBH) : August 24, 2017 (finance.yahoo.com)
- eBay Inc. (EBAY) vs. Sally Beauty Holdings, Inc. (SBH): Comparing the Specialty Retail, Other Industry’s Most Active … – StockNewsGazette (stocknewsgazette.com)
A number of equities analysts have recently issued reports on the company. Wells Fargo & Company reissued a “market perform” rating and set a $20.00 target price (down from $21.50) on shares of Sally Beauty Holdings in a research note on Wednesday, August 9th. BidaskClub raised Sally Beauty Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. BMO Capital Markets set a $21.00 target price on Sally Beauty Holdings and gave the stock a “hold” rating in a research note on Saturday, August 5th. Zacks Investment Research downgraded Sally Beauty Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Finally, Robert W. Baird set a $26.00 target price on Sally Beauty Holdings and gave the stock a “buy” rating in a research note on Saturday, May 6th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. Sally Beauty Holdings currently has an average rating of “Hold” and an average target price of $24.70.
Sally Beauty Holdings (SBH) opened at 18.80 on Wednesday. The company has a 50-day moving average price of $19.63 and a 200 day moving average price of $19.99. The stock has a market capitalization of $2.49 billion, a P/E ratio of 11.48 and a beta of 0.65. Sally Beauty Holdings has a 1-year low of $17.26 and a 1-year high of $30.17.
Sally Beauty Holdings (NYSE:SBH) last released its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Sally Beauty Holdings had a net margin of 5.89% and a negative return on equity of 80.60%. The business had revenue of $998.04 million for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the firm earned $0.47 earnings per share. Sally Beauty Holdings’s revenue was up .0% compared to the same quarter last year. On average, equities analysts predict that Sally Beauty Holdings will post $1.82 EPS for the current year.
In other Sally Beauty Holdings news, Director John A. Miller acquired 20,000 shares of Sally Beauty Holdings stock in a transaction on Friday, June 2nd. The shares were purchased at an average cost of $18.35 per share, with a total value of $367,000.00. Following the completion of the purchase, the director now owns 39,802 shares in the company, valued at $730,366.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert R. Mcmaster acquired 5,500 shares of Sally Beauty Holdings stock in a transaction on Friday, June 2nd. The stock was acquired at an average cost of $18.03 per share, for a total transaction of $99,165.00. Following the completion of the purchase, the insider now owns 40,630 shares of the company’s stock, valued at approximately $732,558.90. The disclosure for this purchase can be found here. Insiders have bought 59,750 shares of company stock worth $1,072,720 over the last three months. 0.97% of the stock is owned by insiders.
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Sally Beauty Holdings Company Profile
Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.
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