Sally Beauty Stock Hits New 52-Week High (SBH)

NEW YORK (TheStreet) -- Sally Beauty Holdings (NYSE:SBH) hit a new 52-week high Friday as it is currently trading at $22.73, above its previous 52-week high of $22.15 with two million shares traded as of 2:20 p.m. ET. Average volume has been one million shares over the past 30 days.

Sally Beauty has a market cap of $3.74 billion and is part of the services sector and specialty retail industry. Shares are up 3.8% year to date as of the close of trading on Thursday.

Sally Beauty Holdings, Inc., through its subsidiaries, engages in the distribution and retail of professional beauty supplies primarily in North America, South America, and Europe. The company operates in two segments, Sally Beauty Supply and Beauty Systems Group. The company has a P/E ratio of 17.9, above the average specialty retail industry P/E ratio of 17.7 and above the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Sally Beauty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Sally Beauty Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

For more information on Sally Beauty Holdings Inc click any of the following:

• Sally Beauty Holdings Inc Stock Price

• Sally Beauty Holdings Inc Analyst Ratings

• Sally Beauty Holdings Inc Key Stats & Profile

• Sally Beauty Holdings Inc Earnings

• Sally Beauty Holdings Inc Ratio Comparison

• Sally Beauty Holdings Inc Growth Rates

• Sally Beauty Holdings Inc Balance Sheet

• Sally Beauty Holdings Inc Cash Flow

• Sally Beauty Holdings Inc Income Statement