Economy

Sally Beauty Holdings, Inc. (NYSE:SBH) Buckles Under The Trend Lines

It has underperformed by 51.57% the S&P500. (NYSE:SBH) has "Hold" rating given on Tuesday, June 6 by Oppenheimer. Therefore 19% are positive. BidaskClub downgraded Sally Beauty Holdings from a "hold" rating to a "sell" rating in a report on Wednesday, August 23rd. If the published price targets set by Yelp Inc. analysts have any power to influence the stock's share price, the highest price target set for YELP is $56. The company was maintained on Thursday, August 11 by Nomura. A 7 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:SRC) or, if they already own its stock, sell it. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Robert W. Baird has "Outperform" rating and $37 target. On Tuesday, March 22 the stock rating was initiated by Sterne Agee CRT with "Buy". On Monday, October 16 the stock rating was maintained by KeyBanc Capital Markets with "Hold". (NYSE:SBH) earned "Hold" rating by KeyBanc Capital Markets on Monday, September 4.

Investors sentiment increased to 1.17 in 2017 Q2. Its down 0.25, from 1.47 in 2017Q1. Rhumbline Advisers invested in 49,221 shares. 15 funds opened positions while 41 raised stakes. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Sally Beauty Holdings by 11.5% during the second quarter. Jackson Square Partners LLC now owns 9,265,944 shares of the company's stock worth $272,511,000 after buying an additional 1,316,415 shares during the last quarter. The stock has a beta value of 0.66. Wellington Mgmt Gp Llp reported 0.08% of its portfolio in Aramark (NYSE:ARMK). Finally, M&T Bank Corp grew its holdings in shares of Sally Beauty Holdings by 0.6% during the second quarter. Pictet Asset Mngmt Limited reported 89,400 shares. Flinton Capital Management LLC grew its holdings in shares of Sally Beauty Holdings by 86.8% during the second quarter. Also, it has an estimated price-earnings (P/E) multiple of 34.86. Insiders own 0.97% of the company's stock. About shares traded. Encore Capital Group, Inc. It is down 38.21% since November 7, 2016 and is uptrending. It has underperformed by 49.91% the S&P500. The company has market cap of $60.71 million. The Company operates in North America, South America and Europe. Also, it has an estimated price-earnings (P/E) multiple of 8.85 and a trailing 12-month price-earnings (P/E) multiple of 10.68. FSS North America and FSS International divisions include food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities.

Burgundy Asset Management Ltd. acquired a new stake in Sally Beauty Holdings, Inc.

SBH has been the subject of a number of recent research reports. (NYSE:SBH)'s performance this year to date is -35.39%. SBH's profit will be $63.07M for 8.24 P/E if the $0.48 EPS becomes a reality. The legal version of this news story can be read at https://weekherald.com/2017/11/07/analysts-anticipate-sally-beauty-holdings-inc-sbh-will-announce-earnings-of-0-47-per-share.html. The shares price has positioned -16.89% down over the past quarter while it has directed -16.41% toward a falling position throughout past six months. Finally, Wells Fargo & Company reaffirmed a "market perform" rating and set a $20.00 price target (down previously from $21.50) on shares of Sally Beauty Holdings in a research note on Wednesday, August 9th. Sally Beauty Supply is a domestic and global 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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