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.
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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