Sally Beauty Holdings, Inc. (NYSE:SBH) registered a -10.52% decrease, still its new closing price is -6.81% up from the company’s 1 year high of 32.93.It posted -12.19% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 16 stock analysts following this company have an average price target at $28.25, with individual PT in the $25.00-$31.00 range. The shares moved at $21.61, implying that brokerage firms see shares losing about -18.88% in twelve months time.
Sally Beauty Holdings, Inc. (SBH) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -18.21% fall year to date. A President-Beauty Systems Group at Sally Beauty Holdings, Inc. (SBH) offloaded shares in a transaction closed on Monday August 08, 2016. Spinks Mark Gregory sold 6,492 shares in the company at $26.37 each and collected $171,000 in proceeds. Spinks Mark Gregory now owns 9,813 shares in the company after this transaction. A Director in the company, EISENBERG MARSHALL E, disclosed a transaction on Thursday June 02, 2016 that ended up generating $363,001 from the sale of 12,000 shares at $30.32 per share.
Sally Beauty Holdings, Inc. (NYSE:SBH) Upcoming Results on Tap
Sally Beauty Holdings, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.49 in that period. Sales during the quarter are predicted to arrive at $1.06 billion.
Earnings surprise history: Last quarter, the company posted approximately $976.36 million in revenue and EPS of $0.41. The mean forecast was for $991.06 million and $0.42 a share, respectively. One quarter earlier, revenue for the stock was at $998.16 million, with earnings at $0.47/share.
Sally Beauty Holdings, Inc. (SBH) Brokerage Update
Sally Beauty Holdings, Inc. (SBH) is in Oppenheimer’s research list so their analyst rating change is noteworthy. These shares were downgraded to Perform from Outperform by Oppenheimer, according to news reported on Thursday February 02, 2017.Another important research note was issued by Wells Fargo on Thursday June 02, 2016.The firm upgraded SBH to Market Perform from Underperform. Over the last six months and over the last three months, the shares of Sally Beauty Holdings, Inc. (SBH), have changed -27.60% and -15.35%, respectively.