Tag: specialty retailer

Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Acquired by Nisa Investment Advisors LLC


Nisa Investment Advisors LLC increased its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) by 17.3% during the 1st quarter, HoldingsChannel reports. The fund owned 6,100 shares of the specialty retailer’s stock after acquiring an additional 900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Sally Beauty were worth $95,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Counterpoint Mutual Funds LLC acquired a new position in shares of Sally Beauty in the first quarter worth about $66,000. National Bank of Canada FI acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $126,000. Point72 Hong Kong Ltd acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $165,000. Gotham Asset Management LLC acquired a new stake in Sally Beauty during the fourth quarter valued at approximately $254,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Sally Beauty by 23.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,230 shares of the specialty retailer’s stock valued at $281,000 after buying an additional 2,857 shares in the last quarter.

Analyst Upgrades and Downgrades

SBH has been the topic of several research reports. Morgan Stanley cut Sally Beauty from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $19.00 to $12.00 in a research note on Thursday, June 16th. Cowen cut their price objective on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. Cowen lowered their target price on Sally Beauty from $30.00 to $20.00 in a report on Friday, May 6th. Oppenheimer lowered Sally Beauty from an “outperform” rating to a “market perform” rating in a report on Thursday,

… Read the rest

Read More

Sally Beauty Holdings, Inc. (NYSE:SBH) Shares Purchased by Comerica Bank


Comerica Bank increased its position in Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,759 shares of the specialty retailer’s stock after acquiring an additional 785 shares during the period. Comerica Bank’s holdings in Sally Beauty were worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBH. Counterpoint Mutual Funds LLC acquired a new position in shares of Sally Beauty in the first quarter valued at about $66,000. Nisa Investment Advisors LLC purchased a new position in Sally Beauty during the 4th quarter worth approximately $89,000. National Bank of Canada FI acquired a new stake in Sally Beauty during the 4th quarter valued at approximately $126,000. Point72 Hong Kong Ltd purchased a new stake in shares of Sally Beauty in the 4th quarter valued at $165,000. Finally, Inspire Investing LLC acquired a new stake in shares of Sally Beauty in the first quarter worth $239,000.

Sally Beauty Stock Up 0.4 %

Shares of SBH opened at $13.69 on Tuesday. The firm has a market cap of $1.46 billion, a P/E ratio of 6.03 and a beta of 1.41. Sally Beauty Holdings, Inc. has a 12 month low of $11.28 and a 12 month high of $22.85. The stock’s 50 day moving average is $13.30 and its two-hundred day moving average is $15.46. The company has a current ratio of 2.27, a quick ratio of 0.59 and a debt-to-equity ratio of 5.08.

Sally Beauty (NYSE:SBH – Get Rating) last released its quarterly earnings results on Thursday, May 5th. The specialty

… Read the rest

Read More

State of New Jersey Common Pension Fund D Increases Stock Position in Sally Beauty Holdings, Inc. (NYSE:SBH)


State of New Jersey Common Pension Fund D raised its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) by 7.0% during the first quarter, Holdings Channel.com reports. The firm owned 146,674 shares of the specialty retailer’s stock after purchasing an additional 9,534 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Sally Beauty were worth $2,293,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC boosted its stake in shares of Sally Beauty by 97.2% during the 4th quarter. Fisher Asset Management LLC now owns 3,629,631 shares of the specialty retailer’s stock worth $67,003,000 after acquiring an additional 1,789,399 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Sally Beauty by 50.3% during the 4th quarter. Renaissance Technologies LLC now owns 467,100 shares of the specialty retailer’s stock worth $8,623,000 after acquiring an additional 156,384 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Sally Beauty by 27.9% during the 1st quarter. Pacer Advisors Inc. now owns 566,542 shares of the specialty retailer’s stock worth $8,855,000 after acquiring an additional 123,636 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Sally Beauty by 6.0% during the 4th quarter. Geode Capital Management LLC now owns 1,956,629 shares of the specialty retailer’s stock worth $36,119,000 after acquiring an additional 111,357 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new stake in shares of Sally Beauty during the 4th quarter worth approximately $1,971,000.

Sally Beauty Trading Up 0.9 %

Shares of SBH opened at $13.85 on Thursday. The stock has

… Read the rest

Read More

Q3 2022 Earnings Forecast for Sally Beauty Holdings, Inc. Issued By Oppenheimer (NYSE:SBH)


Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) – Research analysts at Oppenheimer reduced their Q3 2022 earnings per share (EPS) estimates for shares of Sally Beauty in a report released on Thursday, August 4th. Oppenheimer analyst R. Parikh now forecasts that the specialty retailer will post earnings per share of $0.55 for the quarter, down from their prior estimate of $0.60. Oppenheimer currently has a “Market Perform” rating on the stock. The consensus estimate for Sally Beauty’s current full-year earnings is $2.29 per share. Oppenheimer also issued estimates for Sally Beauty’s FY2022 earnings at $2.14 EPS and FY2023 earnings at $2.20 EPS.

Sally Beauty (NYSE:SBH – Get Rating) last issued its quarterly earnings results on Thursday, August 4th. The specialty retailer reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.04). Sally Beauty had a return on equity of 104.07% and a net margin of 6.66%. The firm had revenue of $961.47 million for the quarter, compared to analyst estimates of $950.97 million. During the same period in the prior year, the firm posted $0.68 EPS. The business’s revenue was down 6.0% compared to the same quarter last year.

SBH has been the subject of several other research reports. Cowen cut their price target on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. Morgan Stanley lowered Sally Beauty from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $19.00 to $12.00 in a research note on Thursday, June 16th. TheStreet lowered Sally Beauty from a “b-” rating to a “c+” rating in a research note on Thursday, June 23rd. Raymond James lowered Sally Beauty from a “market perform” rating to an “underperform” rating in a

… Read the rest

Read More

Sally Beauty (NYSE:SBH) Rating Lowered to Hold at StockNews.com


Sally Beauty (NYSE:SBH – Get Rating) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Other equities analysts have also recently issued reports about the company. Cowen reduced their target price on Sally Beauty from $30.00 to $20.00 in a research note on Friday, May 6th. TheStreet cut Sally Beauty from a “b-” rating to a “c+” rating in a research note on Thursday, June 23rd. Oppenheimer cut Sally Beauty from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 5th. Morgan Stanley lowered Sally Beauty from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $19.00 to $12.00 in a research report on Thursday, June 16th. Finally, Raymond James lowered Sally Beauty from a “market perform” rating to an “underperform” rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.70.

Sally Beauty Trading Up 1.0 %

NYSE SBH opened at $13.74 on Friday. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.60 and a quick ratio of 0.59. Sally Beauty has a 12 month low of $11.28 and a 12 month high of $21.86. The company has a market cap of $1.47 billion, a P/E ratio of 6.74 and a beta of 1.38. The company has a 50-day moving average of $13.19 and a 200-day moving average of $15.18.

Sally Beauty (NYSE:SBH – Get Rating) last released its quarterly earnings results on Thursday, August 4th. The

… Read the rest

Read More