June 21, 2021

Moka Bellaire

The Fashion & Shopping Universe

Sally Beauty (SBH) Gets a Keep from Oppenheimer

2 min read

In a report released today, Rupesh Parikh from Oppenheimer taken care of a Maintain rating on Sally Elegance (SBH). The company’s shares closed final Wednesday at $21.84.

In accordance to TipRanks.com, Parikh is a 5-star analyst with an regular return of 12.1% and a 64.6% achievements rate. Parikh addresses the Buyer Items sector, focusing on stocks these as Bj’s Wholesale Club Holdings, The Estée Lauder Firms, and United Normal Meals.

The term on The Avenue in common, implies a Keep analyst consensus ranking for Sally Beauty with a $25.50 common rate target.

See today’s analyst prime suggested shares >>

Primarily based on Sally Beauty’s most recent earnings release for the quarter ending March 31, the business described a quarterly revenue of $926 million and net financial gain of $38.31 million. In comparison, last year the business gained income of $871 million and had a internet income of $13.37 million.

Dependent on the modern corporate insider activity of 31 insiders, company insider sentiment is unfavorable on the stock. This usually means that around the previous quarter there has been an raise of insiders promoting their shares of SBH in relation to previously this yr. Final thirty day period, Mark Gregory Spinks, the President-Magnificence Techniques Team of SBH bought 15,324 shares for a whole of $363,639.

TipRanks has tracked 36,000 business insiders and uncovered that a couple of of them are far better than other folks when it will come to timing their transactions. See which 3 stocks are most probably to make moves next their insider pursuits.

Sally Magnificence Holdings, Inc. is an intercontinental retailer and distributor of experienced natural beauty materials. It operates as a result of the following segments: Sally Splendor Supply and Beauty Units Group. The Sally Magnificence Provide section is an open up-line and unique-label distributor of skilled beauty provides to both equally retail buyers and salon pros mostly in North The usa, South The us, and Europe. The Attractiveness Techniques Group section is a total-services attractiveness source distributor offering expert manufacturers immediately to salons and salon industry experts primarily in North America. The business was founded in 1964 and is headquartered in Denton, TX.

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