Sally Beauty (SBH) to Release Earnings on Wednesday

Sally Beauty (NYSE:SBH) will be posting its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect Sally Beauty to post earnings of $0.54 per share for the quarter.

Sally Beauty (NYSE:SBH) last released its earnings results on Tuesday, February 5th. The specialty retailer reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.05. The company had revenue of $989.45 million for the quarter, compared to analysts’ expectations of $992.83 million. Sally Beauty had a negative return on equity of 96.26% and a net margin of 6.12%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.51 EPS. On average, analysts expect Sally Beauty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NYSE SBH opened at $17.92 on Monday. The firm has a market cap of $2.16 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 2.04 and a beta of 0.44. Sally Beauty has a one year low of $13.72 and a one year high of $23.61.

In other news, Director Edward W. Rabin acquired 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 7th. The stock was bought at an average price of $17.65 per share, with a total value of $79,425.00. Following the acquisition, the director now owns 19,732 shares in the company, valued at approximately $348,269.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aaron E. Alt acquired 2,700 shares of the firm’s stock in a transaction that occurred on Thursday, February 14th. The stock was purchased at an average cost of $18.66 per share, with a total value of $50,382.00. Following the acquisition, the chief financial officer now owns 91,091 shares in the company, valued at approximately $1,699,758.06. The disclosure for this purchase can be found here. Company insiders own 1.04% of the company’s stock.

A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Sally Beauty from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. ValuEngine upgraded Sally Beauty from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Wells Fargo & Co set a $18.00 target price on Sally Beauty and gave the stock a “hold” rating in a research note on Tuesday, February 5th. Six investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.22.

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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, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.

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Earnings History for Sally Beauty (NYSE:SBH)

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