Sally Magnificence Holdings, Inc. (NYSE:SBH – Get Rating) – Expense analysts at Jefferies Fiscal Team upped their Q3 2022 earnings for every share estimates for shares of Sally Attractiveness in a study report issued on Wednesday, April 27th. Jefferies Money Team analyst S. Wissink now forecasts that the specialty retailer will post earnings of $.79 per share for the quarter, up from their prior estimate of $.78. Jefferies Economical Group also issued estimates for Sally Beauty’s FY2022 earnings at $2.58 EPS, Q2 2023 earnings at $.62 EPS and Q3 2023 earnings at $.70 EPS.
Sally Magnificence (NYSE:SBH – Get Score) final posted its earnings success on Wednesday, February 2nd. The specialty retailer reported $.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.60 by $.03. Sally Attractiveness had a return on fairness of 125.54{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a web margin of 6.42{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The enterprise experienced revenue of $980.00 million in the course of the quarter, compared to the consensus estimate of $993.34 million. In the course of the same quarter very last yr, the company attained $.50 EPS. Sally Beauty’s earnings was up 4.7{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} on a year-around-calendar year basis.
Other equities study analysts also just lately issued reports about the stock. StockNews.com started protection on shares of Sally Splendor in a investigation observe on Thursday, March 31st. They issued a “buy” score for the corporation. DA Davidson slash their selling price objective on shares of Sally Natural beauty from $22.00 to $19.50 in a investigation report on Friday, February 4th. 3 equities study analysts have rated the stock with a hold ranking, a few have issued a invest in score and 1 has assigned a strong get rating to the inventory. According to knowledge from MarketBeat, the stock has a consensus score of “Buy” and a consensus value focus on of $23.70.
Shares of Sally Magnificence stock opened at $15.26 on Thursday. The business has a swift ratio of .60, a present ratio of 2.08 and a personal debt-to-equity ratio of 4.92. The inventory has a market place cap of $1.73 billion, a PE ratio of 6.97 and a beta of 1.42. The organization has a fifty day basic shifting normal of $16.41 and a 200 day straightforward shifting common of $17.60. Sally Splendor has a 12 month minimal of $14.88 and a 12 month substantial of $25.66.
A variety of substantial investors have just lately modified their holdings of SBH. Comerica Financial institution boosted its stake in Sally Natural beauty by .8{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} all through the to start with quarter. Comerica Lender now owns 97,759 shares of the specialty retailer’s inventory really worth $1,590,000 right after buying an supplemental 785 shares in the final quarter. Counterpoint Mutual Cash LLC bought a new placement in shares of Sally Beauty throughout the to start with quarter valued at around $66,000. Miracle Mile Advisors LLC raised its holdings in shares of Sally Splendor by 30.1{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} for the duration of the first quarter. Miracle Mile Advisors LLC now owns 19,734 shares of the specialty retailer’s inventory valued at $308,000 just after getting an supplemental 4,570 shares for the duration of the final quarter. Inspire Investing LLC acquired a new situation in shares of Sally Elegance throughout the initial quarter valued at about $239,000. Ultimately, Denali Advisors LLC procured a new place in shares of Sally Elegance throughout the initially quarter valued at close to $596,000.
Sally Splendor Firm Profile (Get Score)
Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of experienced attractiveness provides. The company operates by means of two segments, Sally Elegance Offer and Elegance Programs Team. The Sally Natural beauty Offer phase offers beauty items, such as hair color and treatment products, pores and skin and nail care merchandise, styling resources, and other elegance products and solutions for retail consumers, salons, and salon professionals.
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