Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Sally Beauty Holdings, Inc. (NYSE:SBH - Get Rating) has been assigned a consensus rating of "Hold" from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $14.88.

A number of brokerages have issued reports on SBH. DA Davidson cut their target price on shares of Sally Beauty from $16.00 to $14.50 and set a "neutral" rating for the company in a research report on Monday, August 8th. Cowen downgraded shares of Sally Beauty from an "outperform" rating to a "market perform" rating and set a $17.00 price target for the company. in a report on Friday, August 12th. Raymond James downgraded shares of Sally Beauty from a "market perform" rating to an "underperform" rating in a report on Wednesday, June 29th. Morgan Stanley lowered their price target on shares of Sally Beauty from $12.00 to $11.00 and set an "underweight" rating for the company in a report on Monday, August 8th. Finally, Cowen downgraded shares of Sally Beauty from an "outperform" rating to a "market perform" rating and set a $17.00 price target for the company. in a report on Friday, August 12th.Institutional Investors Weigh In On Sally Beauty

Institutional investors have recently bought and sold shares of the stock. Polaris Capital Management LLC acquired a new stake in shares of Sally Beauty in the first quarter worth $45,611,000. Principal Financial Group Inc. increased its holdings in Sally Beauty by 18.4% in the 2nd quarter. Principal Financial Group Inc. now owns 3,590,146 shares of the specialty retailer's stock valued at $42,794,000 after purchasing an additional 558,630 shares in the last quarter. New York State Common Retirement Fund increased its holdings in Sally Beauty by 408.2% in the 1st quarter. New York State Common Retirement Fund now owns 412,710 shares of the specialty retailer's stock valued at $6,451,000 after purchasing an additional 331,496 shares in the last quarter. Federated Hermes Inc. increased its holdings in Sally Beauty by 79.3% in the 1st quarter. Federated Hermes Inc. now owns 636,014 shares of the specialty retailer's stock valued at $9,941,000 after purchasing an additional 281,243 shares in the last quarter. Finally, Duality Advisers LP acquired a new stake in Sally Beauty in the 2nd quarter valued at $2,334,000. Sally Beauty Stock Down 2.6 %

Shares of NYSE SBH opened at $13.02 on Tuesday. The company has a quick ratio of 0.29, a current ratio of 1.60 and a debt-to-equity ratio of 3.66. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 6.38 and a beta of 1.30. The firm has a 50-day moving average price of $14.26 and a 200 day moving average price of $14.46. Sally Beauty has a 52 week low of $11.28 and a 52 week high of $21.86.

Sally Beauty (NYSE:SBH - Get Rating) last announced its earnings results on Thursday, August 4th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.04). The business had revenue of $961.47 million for the quarter, compared to analyst estimates of $950.97 million. Sally Beauty had a return on equity of 90.85% and a net margin of 5.99%. The business's revenue was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 EPS. Equities research analysts anticipate that Sally Beauty will post 2.14 EPS for the current fiscal year. Sally Beauty Company Profile (Get Rating)

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.Featured StoriesGet a free copy of the StockNews.com research report on Sally Beauty (SBH)MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMCIs the Market Overreacting with Shopify Stock?MO Money: Why Altria Group Stock is RallyingFed Raises Rates: 3 Stocks to Watch Newmont Mining, Walmart, AMCThree Consumer Stocks That Could Outperform In Q4 

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Sally Beauty, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sally Beauty wasn't on the list.

While Sally Beauty currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Axel Merk, President and CIO of Merk Investments has three very different stocks he frames within the current market and economic conditions.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.