In a report released today, Linda Bolton Weiser from D.A. Davidson maintained a Hold rating on Sally Beauty (SBH – Research Report). The company’s shares closed yesterday at $12.07.
Bolton Weiser covers the Consumer Cyclical sector, focusing on stocks such as Inter Parfums, The Estée Lauder Companies, and Hasbro. According to TipRanks, Bolton Weiser has an average return of 3.3% and a 49.69% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Sally Beauty with a $12.00 average price target.
See the top stocks recommended by analysts >>
SBH market cap is currently $1.29B and has a P/E ratio of 7.16.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SBH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sally Beauty (SBH) Company Description:
Sally Beauty Holdings, Inc. is an international retailer and distributor of professional beauty supplies. It operates through the following segments: Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment is an open-line and exclusive-label distributor of professional beauty supplies to both retail consumers and salon professionals primarily in North America, South America, and Europe. The Beauty Systems Group segment is a full-service beauty supply distributor offering professional brands directly to salons and salon professionals primarily in North America. The company was founded in 1964 and is headquartered in Denton, TX.
Read More on SBH:
