Cohen downgraded the inventory Sally Magnificence (NYSE:SBH – Get Ranking) From outperformance rankings to market efficiency rankings, Marketbeat Scores experiences in a report revealed on Friday. They at the moment have a $17.00 goal value on specialty retailer stock.
Different fairness analysis analysts have additionally lately issued experiences on equities. TheStreet downgraded Sally Magnificence’s inventory from her b- ranking to a c+ ranking in a analysis report on Thursday, June 23. Morgan Stanley lowered its value goal for Sally Magnificence from her $12.00 to her $11.00 and gave her inventory an underweight ranking in her analysis report on Monday, Aug. 8. Cowen downgraded Sally Magnificence’s ranking from Outperform to Market Her Efficiency ranking and set a value goal of $17.00. in a analysis report on Friday. DA Davidson lowered Sally Magnificence’s goal value from $16.00 for her to $14.50 for his, in a report Monday, Aug. 8, giving the inventory a impartial ranking. Lastly, StockNews.com downgraded her Sally Magnificence ranking from a Purchase ranking to a Maintain ranking in her Friday, Aug. 5 report. Two of Analysis’s analysts gave the inventory a promote ranking, and 5 issued a maintain ranking to the corporate. In line with MarketBeat.com, the inventory at the moment has a consensus ranking of Maintain and a consensus goal value of $16.30.
Sally Magnificence Inventory Efficiency
SBH shares opened at $15.19 on Friday. Her one-year low for Sally Magnificence is her $11.28, and her one-year excessive is her $21.86. The corporate has a present ratio of 1.60, a fast ratio of 0.29 and a debt to fairness ratio of three.66. The corporate has a market capitalization of $1.63 billion, a PE ratio of seven.45 and a beta of 1.38. Her 50-day transferring common value for this enterprise is $13.16 and her 200-day transferring common value is $15.06.
Sally Magnificence (NYSE:SBH – Get Ranking) final reported earnings on Thursday, August 4th. The specialty retailer reported her earnings per share (EPS) of $0.55 for the quarter. This misses the analyst consensus forecast of $0.59 ($0.04). Sally Magnificence had a return on fairness of 90.85% and a web revenue margin of 5.99%. The enterprise generated $961.47 million in income for the quarter, in comparison with consensus expectations of $950.97 million. His earnings per share for the corporate in the identical interval final 12 months have been $0.68. Sally Magnificence’s quarterly income decreased by 6.0% in comparison with the identical interval final 12 months. As a bunch, analysis analysts count on Sally Magnificence to publish earnings per share of two.17 this 12 months.
Institutional traders give attention to saree magnificence
Many massive traders have lately elevated or decreased their stake within the enterprise. Gamco Traders INC. ET AL boosted his place in Sally Magnificence by 5.0% within the second quarter. Gamco Traders INC. ET AL now owns 819,180 shares of specialty retailer valued at $9,765,000 after buying an extra 39,130 shares through the interval. Natixis gained a brand new place in Sally Magnificence within the second quarter price roughly $155,000. EMC Capital Administration elevated its stake in Sally Magnificence by 51.5% within the second quarter. After buying an extra 4,226 shares throughout this era, EMC Capital Administration now owns 12,424 shares of the specialty retailer price $148,000. Edgestream Companions LP elevated its stake in Sally Magnificence by 428.1% within the second quarter. Edgestream Companions LP owns 230,795 shares of specialty retailer valued at $2,751,000 after buying an extra 187,089 shares throughout this era. Lastly, Rhumbline Advisers elevated its place in Sally Magnificence by 1.7% within the second quarter. Rhumbline Advisers now owns 287,351 shares of the specialty retailer price $3,425,000 after buying an extra 4,928 shares through the earlier quarter.
About Sally Magnificence
Sally Magnificence Holdings, Inc operates as a specialty retailer and distributor of specialty magnificence merchandise. The corporate operates by means of his two segments, Sally Magnificence Provide and Magnificence Programs Group. The Sally Magnificence Provide section affords magnificence merchandise together with hair colour and care merchandise, pores and skin and nail care merchandise, styling instruments and different magnificence merchandise for retail prospects, salons and salon professionals.
Obtain information and rankings from Sally Magnificence Every day – Enter your electronic mail handle under to obtain each day summaries of the newest information and analyst rankings for Sally Magnificence and its associates in MarketBeat.com’s free each day electronic mail publication.