Reading the Tea Leaves for Sally Beauty Holdings, Inc. (SBH)

Lloyd Doyle
December 7, 2017

Sun Life Financial INC increased its holdings in shares of KeyCorp by 80,370.0% during the second quarter. The firm has a market capitalization of $2,220.00, a price-to-earnings ratio of 9.42, a price-to-earnings-growth ratio of 1.58 and a beta of 0.66. As Ultra Clean Holdings, Inc. has a P/S, P/E and P/B estimations of 0.83, 10.97 and 2.5 separately.

Past 5 years growth of SBH observed at 4.70%, and for the next five years the analysts that follow this company is expecting its growth at 5.78%.

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.91 per share, with EPS estimates ranging from $1.84 to $1.95. This number is based on the 14 sell-side firms polled by Zacks. After a recent check, Sally Beauty Holdings, Inc. The business had revenue of $966.50 million during the quarter, compared to analyst estimates of $986.09 million. Sally Beauty had a negative return on equity of 74.84% and a net margin of 5.46%. Sally Beauty Holdings's revenue was down 1.4% compared to the same quarter previous year. During the same period a year ago, the business earned $0.41 EPS.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. The stock is a Buy among 1 brokerage firms polled by Factset Research. The stock has "Neutral" rating by Nomura on Thursday, November 16. Morgan Stanley lowered their price objective on Sally Beauty Holdings to $24.00 in a research report on Friday, February 3rd.

Other research analysts have also issued reports about the company. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of "Hold" and a consensus price target of $20.97. (NYSE:SBH) on December 5, 2017 saw a significant decline, closing the day at $17.25, or a decline of $0.16 or (0.93%).Volume levels waned and SBH actually managed a declined which translated to 1.97 million shares changing hands on the day. The stock increased 1.71% or $0.29 during the last trading session, reaching $17.25. Sally Beauty's quarterly revenue was down.2% compared to the same quarter last year. research analysts forecast that Sally Beauty will post 1.91 EPS for the current year. It has a 10.53 P/E ratio. Marshall Wace North America L.P. purchased a new position in shares of Sally Beauty during the 2nd quarter valued at $6,676,000. The stock was bought at an average cost of $18.23 per share, for a total transaction of $25,048.02. For SBH, the company now has $63.76 Million of cash on the books, which is offset by $96.08 Million current liabilities. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Several other institutional investors have also sold shares of the company. A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued. The percentage of shares being held by the company management was 0.4% while institutional stake was 0%. The disclosure for this sale can be found here.

In other news, insider Andrew J. Paine III sold 46,854 shares of the company's stock in a transaction on Tuesday, October 24th. BidaskClub raised Sally Beauty from a "sell" rating to a "hold" rating in a research report on Wednesday, August 9th. US Bancorp DE now owns 5,100 shares of the specialty retailer's stock worth $103,000 after purchasing an additional 3,543 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Sally Beauty by 37.7% during the 1st quarter.

Ultra Clean Holdings, Inc. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,427 shares of the specialty retailer's stock worth $110,000 after purchasing an additional 559 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Sally Beauty Holdings during the first quarter valued at $11,336,000. State Street Corp grew its stake in Sally Beauty by 0.4% in the 2nd quarter.

Sally Beauty Holdings Company Profile Sally Beauty Holdings, Inc is an worldwide 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).

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