Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Sally Beauty (NYSE: SBH) yesterday. The company’s shares closed yesterday at $15.97.
According to TipRanks.com, Parikh is a 5-star analyst with an average return of 16.0% and a 62.0% success rate. Parikh covers the Services sector, focusing on stocks such as Blue Apron Holdings Inc, United Natural Foods, and Wal-Mart Stores Inc.
Sally Beauty has an analyst consensus of Hold, with a price target consensus of $15.63.
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Sally Beauty’s market cap is currently $1.96B and has a P/E ratio of 8.41. The company has a Price to Book ratio of -6.24.
Based on the recent corporate insider activity of 32 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 Holdings, Inc. is an international retailer and distributor of professional beauty supplies. It operates through the Sally Beauty Supply and Beauty Systems Group segments.
