Sally Beauty Holdings, Inc. (NYSE:SBH) – Equities researchers at Jefferies Group boosted their FY2017 earnings per share estimates for Sally Beauty Holdings in a report released on Friday. Jefferies Group analyst S. Wissink now anticipates that the specialty retailer will earn $1.79 per share for the year, up from their prior forecast of $1.78. Jefferies Group has a “Hold” rating on the stock. Jefferies Group also issued estimates for Sally Beauty Holdings’ Q1 2018 earnings at $0.44 EPS, Q2 2018 earnings at $0.46 EPS, Q4 2018 earnings at $0.45 EPS, Q1 2019 earnings at $0.44 EPS, Q2 2019 earnings at $0.47 EPS and FY2019 earnings at $1.86 EPS.

A number of other brokerages have also commented on SBH. Zacks Investment Research lowered Sally Beauty Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, April 11th. BMO Capital Markets set a $21.00 price target on Sally Beauty Holdings and gave the company a “hold” rating in a research report on Saturday. BidaskClub upgraded Sally Beauty Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Robert W. Baird set a $26.00 price target on Sally Beauty Holdings and gave the company a “buy” rating in a research report on Saturday, May 6th. Finally, ValuEngine cut Sally Beauty Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. Sally Beauty Holdings currently has an average rating of “Hold” and a consensus target price of $25.22.

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Sally Beauty Holdings (NYSE:SBH) opened at 20.80 on Monday. The firm has a 50-day moving average of $19.73 and a 200-day moving average of $20.55. Sally Beauty Holdings has a 12-month low of $17.26 and a 12-month high of $30.17. The firm has a market cap of $2.88 billion, a P/E ratio of 12.90 and a beta of 0.65.

Sally Beauty Holdings (NYSE:SBH) last released its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The firm had revenue of $998.04 million during the quarter, compared to the consensus estimate of $1 billion. Sally Beauty Holdings had a net margin of 5.89% and a negative return on equity of 80.60%. The firm’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 earnings per share.

In other Sally Beauty Holdings news, CEO Christian A. Brickman bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The shares were bought at an average price of $17.91 per share, for a total transaction of $179,100.00. Following the completion of the acquisition, the chief executive officer now owns 143,043 shares of the company’s stock, valued at $2,561,900.13. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Matthew Olen Haltom sold 3,060 shares of the stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $20.00, for a total value of $61,200.00. Following the sale, the senior vice president now owns 6,999 shares in the company, valued at approximately $139,980. The disclosure for this sale can be found here. Insiders have bought 51,750 shares of company stock worth $932,060 in the last 90 days. Company insiders own 0.97% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Capstone Asset Management Co. boosted its stake in shares of Sally Beauty Holdings by 0.4% in the first quarter. Capstone Asset Management Co. now owns 12,591 shares of the specialty retailer’s stock valued at $257,000 after buying an additional 50 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Sally Beauty Holdings by 0.3% in the first quarter. Arizona State Retirement System now owns 59,700 shares of the specialty retailer’s stock valued at $1,220,000 after buying an additional 200 shares during the last quarter. State Treasurer State of Michigan boosted its stake in shares of Sally Beauty Holdings by 0.5% in the first quarter. State Treasurer State of Michigan now owns 58,300 shares of the specialty retailer’s stock valued at $1,192,000 after buying an additional 300 shares during the last quarter. Tdam USA Inc. boosted its stake in shares of Sally Beauty Holdings by 0.5% in the first quarter. Tdam USA Inc. now owns 65,653 shares of the specialty retailer’s stock valued at $1,342,000 after buying an additional 332 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of Sally Beauty Holdings by 2.9% in the first quarter. Pacer Advisors Inc. now owns 14,418 shares of the specialty retailer’s stock valued at $295,000 after buying an additional 400 shares during the last quarter.

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.

Earnings History and Estimates for Sally Beauty Holdings (NYSE:SBH)

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