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Stocks in the Spotlight: Sally Beauty Holdings, Inc. (SBH), Angie’s List, Inc. (ANGI), 3D Systems Corporation (DDD)

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Sally Beauty Holdings, Inc. (SBH) had a light trading with around 1.65M shares changing hands compared to its three month average trading volume of 2.12M. The stock traded between $22.77 and $23.5 before closing at the price of $22.95 with -0.86% change on the day. The Denton Texas 76210 based company is currently trading 6.69% above its 52 week low of $21.51 and -30.31% below its 52 week high of $32.93. Both the RSI indicator and target price of 37.24 and $25.17 respectively, lead us to believe that it should be put on hold over the coming weeks.

Sally Beauty Holdings, Inc., together with its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools for retail customers and salon professionals. This segment also provides products under third-party brands, such as Clairol, CHI, China Glaze, OPI, and Conair, as well as exclusive-label merchandise. As of September 30, 2016, it operated 3,763 company-operated retail stores under the Sally Beauty banner in the United States, Canada, Mexico, Chile, Colombia, Peru, the United Kingdom, Ireland, Belgium, France, Germany, the Netherlands, and Spain; and 18 franchised stores in the United Kingdom, Belgium, and certain other European countries. The Beauty Systems Group segment offers professional beauty products, including hair color and care, skin and nail care, beauty sundries, and styling tools directly to salons and salon professionals through its sales force, as well as through company-operated and franchised stores. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and Aquage. This segment had 1,174 company-operated stores under the CosmoProf banner in the United States and Canada, as well as 164 franchised stores in the United States, Canada, Mexico, and certain European countries. The company also distributes its products through full-service/exclusive distribution, open-line distribution, directly, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

Angie’s List, Inc. (ANGI) failed to extend gains with the stock declining -9.03% or $-0.57 to close the day at $5.74 on light trading volume of 1.64M shares, compared to its three month average trading volume of 318.59K. The Indianapolis Indiana 46202 based company has been underperforming the internet software & services group over the past 52 weeks, with the stock losing -41.01%, compared to the industry which has advanced 38.23% over the same period. With RSI of 25.56, the stock should still continue to rise and get closer to its one year target estimate of $9.75, making it a hold for now.

Angie’s List, Inc. operates a local services marketplace and consumer review site in the United States. It allows consumers to research, shop for, and purchase local services for home, health, and automotive service needs, as well as to rate and review service providers in 253 markets. The company also sells advertising to service providers through its monthly publication and call center; and on its Website, as well as through mobile applications. In addition, its e-commerce marketplace offers consumers to purchase services directly through its marketplace from service providers. The company was formerly known as Brownstone Publishing, LLC and changed its name to Angie’s List, Inc. in April 2010. Angie’s List, Inc. was founded in 1995 and is headquartered in Indianapolis, Indiana.

3D Systems Corporation (DDD) shares were down in last trading by -0.97% to $17.33. It experienced lighter than average volume on day. The stock increased in value by almost 4.9% over the past week and grew 8.52% in the past month. It is currently trading 10.89% above its 50 day moving average and 17.97% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -12.3% decrease in value from its one year high of $19.76. The RSI indicator value of 61.47, lead us to believe that it is a hold for now.

3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

 

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