Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Sally Beauty (SBH) Stock Price

Media coverage about Sally Beauty (NYSE:SBH) has trended somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sally Beauty earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 46.6796148482238 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s analysis:

SBH has been the subject of several research analyst reports. Robert W. Baird set a $21.00 target price on Sally Beauty and gave the stock a “buy” rating in a research report on Friday, December 22nd. ValuEngine cut Sally Beauty from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Sally Beauty from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Wednesday, January 17th. Oppenheimer reiterated a “hold” rating on shares of Sally Beauty in a research report on Wednesday, January 31st. Finally, Buckingham Research cut their target price on Sally Beauty from $18.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, February 6th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $17.50.

Sally Beauty stock traded up $0.10 during midday trading on Friday, reaching $16.45. 1,381,570 shares of the stock traded hands, compared to its average volume of 1,529,918. Sally Beauty has a 12 month low of $14.05 and a 12 month high of $21.36. The firm has a market cap of $2,057.94, a PE ratio of 9.14, a PEG ratio of 1.00 and a beta of 0.37. The company has a current ratio of 1.97, a quick ratio of 0.38 and a debt-to-equity ratio of -5.17.

Sally Beauty (NYSE:SBH) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.26. Sally Beauty had a negative return on equity of 72.22% and a net margin of 6.17%. The company had revenue of $994.96 million during the quarter, compared to analyst estimates of $990.18 million. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was down .5% on a year-over-year basis. equities research analysts forecast that Sally Beauty will post 2.4 earnings per share for the current fiscal year.

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About Sally Beauty

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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