Looking at top Wall Street opinions, Sally Beauty Holdings, Inc. (NYSE: SBH) has recently made its way into the research list of Jefferies – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Underperform in the eyes of Jefferies, whereas its previous rating was Hold in the eyes of Jefferies, as reported on Wednesday, October 24th, 2018. Another heavy-hitting research note was published by BofA/Merrill on Monday July 16th, 2018, with this firm downgrading SBH to an updated rating of Underperform from its previous rating of Neutral. In the past six months and three months of trading, shares of Sally Beauty Holdings, Inc. (SBH) have moved by 26.41% and -2.45%, respectively.
Brokerage Updates Related to Sally Beauty Holdings, Inc. (SBH) Stock
This publicly-traded organization generated gains of 0.88% over the last 5 sessions. Right now, this stock is the subject of 10 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 3 have given an underperform rating, 1 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 10 stock market experts following this company, the average 12-month price target is $17.72. Moreover, individual price targets range between $14.00-$22.00. With its recent move to $19.00, we can see that these firms project this stock will gain by 10.36% in one year.
Updates from Sally Beauty Holdings, Inc. (SBH) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.60% rise since the beginning of the calendar year. A Director at Sally Beauty Holdings, Inc. (SBH) bought some of its shares in a transaction that was finalized on Feb 07. Similarly, Alt Aaron E bought 2,400 shares of the organization’s stock at $20.75 apiece and racked up $49,790 in earnings from the purchase. Now, Alt Aaron E holds 88,391 shares of the company following the exchange. A President-Beauty Systems Group of the organization named Spinks Mark Gregory, was engaged in a transaction that occurred on Nov 13 that managed to be worth $237,640 from the sale of 11,538 common shares at a price of $20.60 per individual share.
Sally Beauty Holdings, Inc. (NYSE:SBH) Results in the Pipeline
The next scheduled release of financial results for Sally Beauty Holdings, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.53. In the same vein, they expect sales for the quarter to amount to $992.83 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $989.45 million in revenue alongside EPS at $0.57. On average, the analyst projection was calling for $966.00 million with $0.51 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $996.28 million, with earnings per share ending up at $0.60.
Box, Inc. (NYSE:BOX) experienced a drop of -0.21% from the closing price in the previous trading day. That drove the price to $23.46 per share, as observed on February 11th, 2019, at a time when the total trading volume reached 1,740,110 shares of stock – compared to the typical average of 2.29M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $26.21.
Pricing Indications for Box, Inc. (BOX)
This organization has had a price-to-earnings ratio of in the last year. In the most recent trading session, the daily high was $23.85, bringing the per-share value -0.21% high its 52-week high and about -21.25% more expensive than its 52-week low. Meanwhile, it gained 19.19 from its observable 50-day simple moving average. Right at this moment, the per-share value is 3.82% higher than the mean per-share price over the last 200 days in the market.
Box, Inc. (NYSE:BOX) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 5 have a Buy rating, 8 have an outperform rating, while 4 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 1.90 , based on information from Thomson Reuters.
BOX Stock Value Potential
In trading activity as of late, this stock’s value was 22.60 up from its 200 day moving average, while also 23.02% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $21.00-$33.00. The market value for the entire organization reached 3.26B. After the trading day started off at the price of $23.46, these shares nearly bottomed out at its low price of $23.2 and nearly peaked at $23.85 as its full-day high price. In the last trading session, the price ended the day at $23.51. The institutional holdings related to this organization account for 1.10%, and the Beta factor is now 1.52. This company’s RSI (Relative Strength Index) managed to hit 70.61.
Box, Inc. (NYSE:BOX) Analyst Points of Focus
Box, Inc. (BOX) has found itself inside of Goldman’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Buy, by Goldman, as garnered from a news report on Tuesday February 5th, 2019. An additional helpful research note was sent out by Rosenblatt’s on Tuesday January 15th, 2019. The brokerage decided to upgrade BOX to Buy from its previous rating of Neutral.