Sally Beauty (NYSE:SBH – Get Ranking) will release its earnings data ahead of the market place opens on Thursday, May 5th. Analysts hope Sally Natural beauty to put up earnings of $.51 for each share for the quarter.
Sally Magnificence (NYSE:SBH – Get Ranking) last launched its earnings effects on Wednesday, February 2nd. The specialty retailer documented $.63 earnings for every share for the quarter, topping the consensus estimate of $.60 by $.03. Sally Beauty had a return on fairness of 125.54% and a net margin of 6.42%. The company had profits of $980.00 million all through the quarter, as opposed to the consensus estimate of $993.34 million. In the course of the same interval previous calendar year, the company earned $.50 earnings for every share. The business’s profits for the quarter was up 4.7% as opposed to the exact quarter last year. On typical, analysts count on Sally Elegance to publish $3 EPS for the current fiscal 12 months and $3 EPS for the future fiscal calendar year.
NYSE:SBH opened at $15.48 on Friday. Sally Splendor has a twelve thirty day period small of $14.88 and a twelve month high of $25.66. The organization has a market place cap of $1.75 billion, a cost-to-earnings ratio of 7.15 and a beta of 1.42. The stock has a fifty working day very simple shifting regular of $16.36 and a 200-working day uncomplicated going typical of $17.60. The corporation has a current ratio of 2.08, a fast ratio of .60 and a personal debt-to-fairness ratio of 4.92.
Many institutional investors have recently manufactured modifications to their positions in SBH. Neo Ivy Funds Management ordered a new situation in Sally Splendor in the fourth quarter valued at about $99,000. UBS Group AG grew its stake in Sally Splendor by 75.7% in the third quarter. UBS Group AG now owns 7,370 shares of the specialty retailer’s stock valued at $124,000 just after paying for an extra 3,176 shares during the very last quarter. Janus Henderson Group PLC acquired a new situation in Sally Attractiveness in the 3rd quarter valued at about $192,000. Two Sigma Advisers LP bought a new position in Sally Elegance in the third quarter valued at about $295,000. Eventually, Thrivent Economical for Lutherans grew its stake in Sally Elegance by .7% in the fourth quarter. Thrivent Monetary for Lutherans now owns 91,988 shares of the specialty retailer’s inventory valued at $1,698,000 after acquiring an supplemental 622 shares during the previous quarter.
Quite a few study companies have recently weighed in on SBH. DA Davidson decreased their target price tag on Sally Magnificence from $22.00 to $19.50 in a study report on Friday, February 4th. StockNews.com initiated protection on Sally Natural beauty in a research note on Thursday, March 31st. They set a “buy” rating on the inventory. 3 analysts have rated the stock with a hold rating, a few have issued a invest in rating and a person has assigned a robust get score to the enterprise. Primarily based on facts from MarketBeat, Sally Splendor currently has a consensus ranking of “Get” and a consensus target cost of $23.70.
About Sally Splendor (Get Rating)
Sally Splendor Holdings, Inc operates as a specialty retailer and distributor of skilled beauty materials. The company operates through two segments, Sally Elegance Offer and Attractiveness Devices Group. The Sally Attractiveness Offer phase features magnificence products and solutions, which include hair shade and care merchandise, pores and skin and nail care items, styling resources, and other elegance products for retail shoppers, salons, and salon gurus.
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