July 14, 2024

GEJ

Business Woman

Sally Beauty Holdings, Inc. (NYSE:SBH) Expected to Announce Earnings of $0.51 Per Share

Wall Street analysts forecast that Sally Beauty Holdings, Inc. (NYSE:SBHGet Rating) will announce earnings for every share of $.51 for the existing quarter, Zacks reports. Four analysts have delivered estimates for Sally Beauty’s earnings, with the highest EPS estimate coming in at $.61 and the most affordable estimate coming in at $.44. Sally Elegance posted earnings of $.57 for each share for the duration of the exact quarter past 12 months, which would point out a adverse calendar year around year progress price of 10.5%. The corporation is anticipated to announce its upcoming earnings final results on Monday, January 1st.

On regular, analysts anticipate that Sally Natural beauty will report full calendar year earnings of $2.58 for each share for the latest fiscal 12 months, with EPS estimates ranging from $2.50 to $2.63. For the next money yr, analysts forecast that the firm will report earnings of $2.75 for every share, with EPS estimates ranging from $2.69 to $2.77. Zacks’ earnings for each share calculations are a signify regular primarily based on a survey of offer-facet analysis analysts that deal with Sally Splendor.

Sally Attractiveness (NYSE:SBHGet Rating) last declared its earnings results on Wednesday, February 2nd. The specialty retailer claimed $.63 earnings for every share for the quarter, beating the Zacks’ consensus estimate of $.60 by $.03. The organization had earnings of $980.00 million in the course of the quarter, as opposed to analyst estimates of $993.34 million. Sally Attractiveness experienced a return on fairness of 125.54% and a net margin of 6.42%. The firm’s quarterly profits was up 4.7% in comparison to the identical quarter last 12 months. In the course of the similar period past year, the enterprise posted $.50 earnings for every share.

Several equities analysts a short while ago issued reviews on the corporation. DA Davidson lowered their rate concentrate on on Sally Natural beauty from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com assumed protection on Sally Magnificence in a report on Thursday, March 31st. They issued a “buy” score on the inventory. A few equities investigation analysts have rated the stock with a hold score, a few have assigned a acquire ranking and just one has assigned a potent obtain score to the corporation. In accordance to MarketBeat.com, Sally Splendor now has a consensus ranking of “Buy” and a consensus cost concentrate on of $23.70.

A number of institutional investors and hedge resources have not too long ago modified their holdings of the organization. Dynamic Technological innovation Lab Non-public Ltd acquired a new stake in shares of Sally Beauty during the third quarter well worth about $380,000. Blueshift Asset Administration LLC obtained a new stake in shares of Sally Splendor for the duration of the third quarter well worth about $274,000. Geode Money Management LLC raised its placement in shares of Sally Magnificence by .4% all through the third quarter. Geode Money Management LLC now owns 1,845,272 shares of the specialty retailer’s inventory well worth $31,092,000 right after buying an additional 6,613 shares through the period of time. Balyasny Asset Management LLC obtained a new stake in shares of Sally Splendor in the course of the third quarter well worth about $1,273,000. Lastly, Marshall Wace LLP obtained a new stake in Sally Elegance in the 3rd quarter valued at about $315,000.

Sally Natural beauty stock traded up $.06 during mid-working day buying and selling on Tuesday, hitting $15.61. The stock experienced a trading quantity of 1,684,213 shares, compared to its normal quantity of 1,412,840. The stock has a 50-day easy transferring average of $16.83 and a two-hundred working day uncomplicated going regular of $17.70. The stock has a marketplace capitalization of $1.76 billion, a PE ratio of 7.13 and a beta of 1.42. Sally Elegance has a 12 thirty day period minimal of $14.92 and a 12 month substantial of $25.66. The business has a present ratio of 2.08, a rapid ratio of .60 and a personal debt-to-fairness ratio of 4.92.

Sally Beauty Organization Profile (Get Ranking)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of expert natural beauty supplies. The business operates as a result of two segments, Sally Natural beauty Source and Natural beauty Systems Team. The Sally Beauty Supply segment gives natural beauty solutions, which includes hair color and care items, pores and skin and nail care merchandise, styling instruments, and other magnificence solutions for retail shoppers, salons, and salon specialists.

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Earnings History and Estimates for Sally Beauty (NYSE:SBH)

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