Sally Beauty (SBH) to Release Earnings on Thursday

Sally Beauty (NYSE:SBH) will be issuing its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Sally Beauty (NYSE:SBH) last released its quarterly earnings results on Thursday, August 8th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $942.30 million during the quarter, compared to the consensus estimate of $931.77 million. Sally Beauty had a return on equity of 31.88% and a net margin of 3.99%. The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 EPS. On average, analysts expect Sally Beauty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sally Beauty Stock Up 2.5 %

Shares of NYSE:SBH opened at $13.23 on Thursday. Sally Beauty has a 1 year low of $8.12 and a 1 year high of $13.96. The business has a fifty day moving average price of $12.90 and a two-hundred day moving average price of $11.76. The company has a market capitalization of $1.36 billion, a PE ratio of 9.66 and a beta of 1.53. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.12 and a quick ratio of 0.40.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. StockNews.com upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research report on Monday, September 16th. Piper Sandler reduced their price target on shares of Sally Beauty from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Thursday, July 11th. Finally, DA Davidson reiterated a “neutral” rating and issued a $12.00 price target on shares of Sally Beauty in a research note on Tuesday, August 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Sally Beauty currently has an average rating of “Hold” and a consensus target price of $11.00.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc 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 products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.