Sally Beauty (SBH) Scheduled to Post Quarterly Earnings on Thursday

Robert Hundley

Sally Attractiveness (NYSE:SBH – Get Ranking) will be asserting its earnings results before the current market opens on Thursday, Might 5th. Analysts be expecting the firm to announce earnings of $.51 for every share for the quarter. Traders that are intrigued in registering for the company’s convention simply call can do so working with this connection.

Sally Splendor (NYSE:SBH – Get Rating) previous posted its earnings effects on Wednesday, February 2nd. The specialty retailer noted $.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $.60 by $.03. The business enterprise experienced profits of $980.00 million for the quarter, in comparison to analyst estimates of $993.34 million. Sally Magnificence had a internet margin of 6.42% and a return on equity of 125.54%. The business’s quarterly income was up 4.7% on a year-about-yr basis. For the duration of the similar quarter in the previous yr, the business enterprise posted $.50 EPS. On ordinary, analysts be expecting Sally Attractiveness to publish $3 EPS for the present-day fiscal yr and $3 EPS for the upcoming fiscal yr.

NYSE:SBH opened at $16.58 on Wednesday. The corporation has a present ratio of 2.08, a speedy ratio of .60 and a debt-to-equity ratio of 4.92. The business has a sector capitalization of $1.87 billion, a price tag-to-earnings ratio of 7.57 and a beta of 1.34. The firm’s fifty working day very simple transferring ordinary is $16.27 and its 200 day uncomplicated moving normal is $17.61. Sally Elegance has a twelve month small of $14.88 and a twelve thirty day period superior of $25.66.

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A quantity of hedge funds have a short while ago modified their holdings of SBH. Morgan Stanley greater its place in shares of Sally Natural beauty by 45.4% in the 2nd quarter. Morgan Stanley now owns 1,339,270 shares of the specialty retailer’s inventory well worth $29,557,000 immediately after purchasing an additional 418,367 shares throughout the last quarter. Parametric Portfolio Associates LLC enhanced its situation in shares of Sally Elegance by 10.1% in the 4th quarter. Parametric Portfolio Associates LLC now owns 557,611 shares of the specialty retailer’s stock well worth $10,293,000 just after buying an additional 51,098 shares throughout the past quarter. Invesco Ltd. greater its place in shares of Sally Magnificence by 14.2% in the 4th quarter. Invesco Ltd. now owns 514,457 shares of the specialty retailer’s stock truly worth $9,498,000 immediately after paying for an more 63,886 shares during the past quarter. Legal & Basic Team Plc elevated its placement in shares of Sally Beauty by 2.9% in the 4th quarter. Authorized & Basic Team Plc now owns 340,543 shares of the specialty retailer’s stock value $6,286,000 following acquiring an supplemental 9,462 shares all through the previous quarter. At last, Wells Fargo & Firm MN grew its position in shares of Sally Attractiveness by 194.5% through the 4th quarter. Wells Fargo & Business MN now owns 206,264 shares of the specialty retailer’s stock valued at $3,807,000 after shopping for an additional 136,229 shares during the last quarter.

Quite a few equities analysts not too long ago weighed in on SBH shares. DA Davidson minimized their concentrate on value on shares of Sally Magnificence from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com started out coverage on shares of Sally Beauty in a report on Thursday, March 31st. They set a “acquire” score on the stock. A few financial investment analysts have rated the stock with a maintain rating, a few have supplied a acquire rating and a person has presented a powerful acquire rating to the firm’s inventory. Based mostly on data from MarketBeat, Sally Splendor has a consensus score of “Obtain” and an normal goal price tag of $23.70.

About Sally Elegance (Get Score)

Sally Elegance Holdings, Inc operates as a specialty retailer and distributor of specialist elegance supplies. The organization operates through two segments, Sally Beauty Source and Splendor Units Group. The Sally Natural beauty Provide phase offers natural beauty merchandise, which includes hair colour and care products and solutions, pores and skin and nail care products and solutions, styling resources, and other magnificence items for retail buyers, salons, and salon pros.

See Also

Earnings History for Sally Beauty (NYSE:SBH)

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