Sally Beauty Holdings (NYSE:SBH) hit a new 52-week high Tuesday as it is currently trading at $28.36, above its previous 52-week high of $28.35 with 27,000 shares traded as of 9:40 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Sally Beauty Holdings (NYSE: SBH) hit a new 52-week high Tuesday as it is currently trading at $28.36, above its previous 52-week high of $28.35 with 27,000 shares traded as of 9:40 a.m. ET. Average volume has been 1.8 million shares over the past 30 days. Sally Beauty has a market cap of $4.89 billion and is part of the services sector and specialty retail industry. Shares are up 19.8% year to date as of the close of trading on Monday. 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 19.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sally Beauty as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Sally Beauty Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.