Sally Elegance (NYSE:SBH – Get Ranking) posted its quarterly earnings information on Thursday. The specialty retailer noted $.47 earnings for each share for the quarter, lacking analysts’ consensus estimates of $.51 by ($.04), MarketWatch Earnings stories. Sally Splendor experienced a return on equity of 125.54{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a web margin of 6.42{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The company experienced earnings of $911.40 million for the quarter, in comparison to analysts’ expectations of $951.20 million. During the identical time period in the prior 12 months, the firm posted $.57 EPS. The firm’s profits was down 1.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} when compared to the exact same quarter very last yr.
Shares of SBH inventory opened at $14.87 on Friday. The stock’s 50-day transferring ordinary is $16.20 and its two-hundred day relocating normal is $17.59. The firm has a current market cap of $1.68 billion, a price-to-earnings ratio of 6.79 and a beta of 1.34. Sally Elegance has a 1 yr reduced of $14.35 and a 1 calendar year substantial of $25.66. The company has a financial debt-to-equity ratio of 4.92, a quick ratio of .60 and a recent ratio of 2.08.
A quantity of analysts have just lately weighed in on the company. StockNews.com started coverage on Sally Attractiveness in a research report on Thursday, March 31st. They set a “buy” ranking on the inventory. Cowen dropped their concentrate on price on Sally Attractiveness from $30.00 to $20.00 in a report on Friday. DA Davidson dropped their target price tag on Sally Elegance from $22.00 to $19.50 in a report on Friday, February 4th. Last but not least, Oppenheimer reduced Sally Magnificence from an “outperform” ranking to a “market perform” rating in a report on Thursday. 4 investment decision analysts have rated the stock with a keep rating, two have issued a purchase score and one has assigned a robust acquire score to the stock. In accordance to MarketBeat, the business has a consensus ranking of “Buy” and a consensus value goal of $21.70.
Various hedge resources have recently modified their holdings of the business. Wells Fargo & Firm MN grew its holdings in shares of Sally Attractiveness by 194.5{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} through the fourth quarter. Wells Fargo & Enterprise MN now owns 206,264 shares of the specialty retailer’s inventory value $3,807,000 right after obtaining an additional 136,229 shares in the course of the very last quarter. California Point out Instructors Retirement Technique grew its holdings in shares of Sally Beauty by 2.2{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} all through the fourth quarter. California Point out Academics Retirement System now owns 156,915 shares of the specialty retailer’s inventory well worth $2,897,000 immediately after buying an extra 3,343 shares during the last quarter. Neo Ivy Cash Administration purchased a new placement in shares of Sally Natural beauty all through the fourth quarter well worth about $99,000. Parametric Portfolio Associates LLC grew its holdings in shares of Sally Beauty by 10.1{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} through the fourth quarter. Parametric Portfolio Associates LLC now owns 557,611 shares of the specialty retailer’s inventory really worth $10,293,000 right after acquiring an more 51,098 shares all through the final quarter. Lastly, Thrivent Monetary for Lutherans grew its holdings in shares of Sally Splendor by .7{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} in the course of the fourth quarter. Thrivent Economical for Lutherans now owns 91,988 shares of the specialty retailer’s stock worthy of $1,698,000 immediately after paying for an extra 622 shares throughout the previous quarter.
Sally Natural beauty Firm Profile (Get Rating)
Sally Splendor Holdings, Inc operates as a specialty retailer and distributor of qualified natural beauty materials. The organization operates by means of two segments, Sally Beauty Offer and Magnificence Techniques Group. The Sally Splendor Source phase features elegance merchandise, like hair coloration and care products and solutions, skin and nail treatment products and solutions, styling tools, and other natural beauty products for retail prospects, salons, and salon industry experts.
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