Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside

cnbc2021-06-22

Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms. The stock hit a recent high on ...

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Pekpek
2021-06-22
Pekpek
Ok
dlcgx
2021-06-22
dlcgx
Wow
BpchuA
2021-06-22
BpchuA
Cool
Pirateking
2021-06-22
Pirateking
Thanks
Taykai
2021-06-22
Taykai
Lol
- Hanz24:
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wooooow
2021-06-22
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Ok

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Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129830415,"gmtCreate":1624368526737,"gmtModify":1634007198907,"author":{"id":"3571284177271116","authorId":"3571284177271116","name":"dlcgx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571284177271116","authorIdStr":"3571284177271116"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129830415","repostId":1181351333,"repostType":4,"repost":{"id":"1181351333","kind":"news","pubTimestamp":1624361820,"share":"https://www.laohu8.com/m/news/1181351333?lang=&edition=full","pubTime":"2021-06-22 19:37","market":"us","language":"en","title":"Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1181351333","media":"cnbc","summary":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive p","content":"<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBH":"莎莉美容控股公司"},"source_url":"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181351333","content_text":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on May 7 but has tumbled 23% in the weeks since. Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129187008,"gmtCreate":1624365333204,"gmtModify":1634007247944,"author":{"id":"3575867013914101","authorId":"3575867013914101","name":"BpchuA","avatar":"https://static.tigerbbs.com/dd3500e66cc249b4480fcc30d7cd6409","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575867013914101","authorIdStr":"3575867013914101"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129187008","repostId":1181351333,"repostType":4,"repost":{"id":"1181351333","kind":"news","pubTimestamp":1624361820,"share":"https://www.laohu8.com/m/news/1181351333?lang=&edition=full","pubTime":"2021-06-22 19:37","market":"us","language":"en","title":"Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1181351333","media":"cnbc","summary":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive p","content":"<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBH":"莎莉美容控股公司"},"source_url":"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181351333","content_text":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on May 7 but has tumbled 23% in the weeks since. Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129184779,"gmtCreate":1624365330891,"gmtModify":1634007248065,"author":{"id":"3586772362705468","authorId":"3586772362705468","name":"Pirateking","avatar":"https://static.tigerbbs.com/a8ff74f61224761a8ff4faa440f0d949","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3586772362705468","authorIdStr":"3586772362705468"},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129184779","repostId":1181351333,"repostType":4,"repost":{"id":"1181351333","kind":"news","pubTimestamp":1624361820,"share":"https://www.laohu8.com/m/news/1181351333?lang=&edition=full","pubTime":"2021-06-22 19:37","market":"us","language":"en","title":"Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1181351333","media":"cnbc","summary":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive p","content":"<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBH":"莎莉美容控股公司"},"source_url":"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181351333","content_text":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on May 7 but has tumbled 23% in the weeks since. Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129377611,"gmtCreate":1624362623233,"gmtModify":1631890325281,"author":{"id":"3574160839584950","authorId":"3574160839584950","name":"Taykai","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574160839584950","authorIdStr":"3574160839584950"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/129377611","repostId":1181351333,"repostType":4,"repost":{"id":"1181351333","kind":"news","pubTimestamp":1624361820,"share":"https://www.laohu8.com/m/news/1181351333?lang=&edition=full","pubTime":"2021-06-22 19:37","market":"us","language":"en","title":"Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1181351333","media":"cnbc","summary":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive p","content":"<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBH":"莎莉美容控股公司"},"source_url":"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181351333","content_text":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on May 7 but has tumbled 23% in the weeks since. Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4955009,"gmtCreate":1624364695372,"gmtModify":1631890325284,"authorId":3586942570311866,"author":{"id":3586942570311866,"idStr":"3586942570311866","authorId":3586942570311866,"name":"Hanz24","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129377611,"type":1,"supId":0,"prevId":0,"content":"<u>Lol</u>","text":"<u>Lol</u>","html":"<u>Lol</u>"}],"langContent":"EN"},{"id":129374296,"gmtCreate":1624362539515,"gmtModify":1634007289293,"author":{"id":"3577791630498857","authorId":"3577791630498857","name":"wooooow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577791630498857","authorIdStr":"3577791630498857"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129374296","repostId":1181351333,"repostType":4,"repost":{"id":"1181351333","kind":"news","pubTimestamp":1624361820,"share":"https://www.laohu8.com/m/news/1181351333?lang=&edition=full","pubTime":"2021-06-22 19:37","market":"us","language":"en","title":"Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1181351333","media":"cnbc","summary":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive p","content":"<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSally Beauty gets two upgrades, with one Wall Street firm seeing 50% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBH":"莎莉美容控股公司"},"source_url":"https://www.cnbc.com/2021/06/22/cowen-oppenheimer-say-its-time-to-buy-the-dip-in-sally-beauty-stock.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1181351333","content_text":"Investors should step in and buy the dip inSally Beauty Holdingsto take advantage of an attractive price and improving fundamentals, according to two investment firms.\nThe stock hit a recent high on May 7 but has tumbled 23% in the weeks since. Wall Street has been tepid on the company, with the majority of analysts putting hold ratings on the stock.\nThat underperformance has gone on long enough, according to investment firms Oppenheimer and Cowen. The two upgraded Sally Beauty to outperform on Tuesday, citing the attractive valuation for the stock.\n“SBH shares now trade at ~8x [next 12 months] consensus earnings forecasts, in line with recent historical averages and down from a recent March 2021 peak of 11.2x. On a relative basis, shares trade at 0.38x, slightly below recent historical averages,” Oppenheimer’s Rupesh Parikh said in a note.\nOppenheimer, which had downgraded the stock in March shortly after its recent slump began, also hiked its earnings forecasts. The firm set a $24 per share price target for the stock, which is more than 23% above where shares closed on Monday.\nCowen analyst Oliver Chen was also bullish on the company’s fundamentals, saying that trends and lessons learned during the pandemic should help to drive performance going forward.\n“SBH benefited from COVID-19 induced DIY at-home trends, yielding >20% color category growth, but we believe SBH is emerging from the pandemic as a stronger retailer through enhanced digital offerings, improving store experience on rehabs, and strategic store closures,” Cowen said.\nCowen hiked its price target to $30 per share from $28, representing more than 50% upside.\nThe stock was up 3% in premarket trading following the calls.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":32,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1181351333"}