On Friday, Sally Beauty stock received an upgrade to its Relative Strength (RS) Rating, from 63 to 84.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an 80 or better RS Rating as they launch their biggest climbs.
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Is Sally Beauty Stock A Buy?
Sally Beauty is trying to complete a consolidation with a 13.91 buy point. See if the retail stock can break out in heavy trading.
The hair and beauty retailer saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -15% to -8%. Revenue rose from -1% to 1%.
Sally Beauty stock earns the No. 3 rank among its peers in the Retail-Specialty industry group. RB Global is the No. 1-ranked stock within the group.
