Cooke & Bieler LP Acquires 147354 Shares of Sally Beauty Holdings, Inc. (SBH)

Andrew Cummings
May 23, 2017

(NYSE:SBH) will post sales of $996.79 million for the current quarter, Zacks Investment Research reports.

On the close of 05/15/2017 Sally Beauty Holdings, Inc. The original version of this report can be accessed at The business is expected to report its next quarterly earnings report on Thursday, August 3rd.

Before that, quarter ending December 2016, Sally Beauty Holdings, Inc. also surprised analysts by beating the consensus estimate. The company's quarterly revenue was down 1.4% compared to the same quarter a year ago. Zacks Investment Research upgraded Sally Beauty Holdings from a "sell" rating to a "hold" rating in a research note on Wednesday, March 22nd. Five analysts have made estimates for Sally Beauty Holdings' earnings, with the lowest EPS estimate coming in at $0.47 and the highest estimate coming in at $0.49. The business had revenue of $966.50 million during the quarter, compared to analyst estimates of $986.09 million.

08/05/2016 - Sally Beauty Holdings, Inc. had its "neutral" rating reiterated by analysts at Piper Jaffray. The business's revenue for the quarter was down 1.4% compared to the same quarter past year. Its last 5-Year EPS growth stands at 5.70% with earnings growth of -0.50% yoy.

Several research analysts recently weighed in on the company. Analysts are forecasting Sally Beauty Holdings, report revenue of about $999.72M, versus the $998.16M posted previous year. Zacks Investment Research raised shares of Sally Beauty Holdings from a "sell" rating to a "hold" rating in a research report on Saturday, May 6th. Sally Beauty Holdings now has an average rating of Hold and a consensus target price of $27.90. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. In our current pick, Sally Beauty Holdings Inc. Macquarie Group Ltd. boosted its position in shares of Sally Beauty Holdings by 0.7% in the fourth quarter. "(SBH) This Quarter" was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this article on another domain, it was illegally copied and republished in violation of US & global copyright laws.

Sally Beauty Holdings (NYSE:SBH) traded down 1.45% during mid-day trading on Tuesday, hitting $19.70. The company's stock had a trading volume of 1,286,677 shares. On the other side, analysts now consider Sally Beauty Holdings, Inc. a neutral, and a technical analysis of the stock is setting somewhat neutral outlook for now. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 12.25 and a beta of 0.69. Shares are trading -3.53% below their 50-day moving average, and -29.16% below their 200-day moving average. The SEC filing shows that Brickman Christian A. performed a purchase of 10,000 shares. The company's shares traded on stronger-than-usual volume today: $2.44M shares changed hands while the stock's average volume is 2.19M shares per day. Following the acquisition, the chief executive officer now owns 142,543 shares in the company, valued at $2,833,754.84.

In other news, SVP Matthew Olen Haltom sold 3,060 shares of the firm's stock in a transaction on Tuesday, May 9th.

In the transaction dated August 08, 2016, the great number of shares disposed came courtesy the President-Beauty Systems Group; Spinks Mark Gregory disposed a total of 6,492 shares at an average price of $26.37, amounting to approximately $171,194. The disclosure for this sale can be found here. Wells Fargo downgraded Sally Beauty Holdings, Inc. Comerica Bank now owns 371,634 shares of the specialty retailer's stock worth $9,577,000 after buying an additional 111,619 shares during the period. Credit Suisse AG now owns 183,855 shares of the specialty retailer's stock valued at $3,758,000 after buying an additional 24,344 shares in the last quarter. Capstone Asset Management Co. increased its stake in Sally Beauty Holdings by 0.4% in the first quarter. Pacer Advisors Inc. now owns 7,595 shares of the specialty retailer's stock worth $195,000 after buying an additional 520 shares during the period. Marshall Wace LLP bought a new position in shares of Sally Beauty Holdings during the fourth quarter valued at about $1,173,000. (NYSE:SBH) were released by: and their article: "BRIEF-Sally Beauty Holdings Inc Q2 earnings per share $0.40" published on May 04, 2017 as well as's news article titled: "Cove Street Capital, LLC Buys Sally Beauty Holdings Inc, Select Comfort Corp ..." with publication date: May 12, 2017.

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