July 13, 2024

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

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Wall Street analysts forecast that Sally Natural beauty Holdings, Inc. (NYSE:SBHGet Ranking) will announce earnings for every share of $.51 for the recent quarter, Zacks reports. 4 analysts have provided estimates for Sally Beauty’s earnings, with the highest EPS estimate coming in at $.61 and the cheapest estimate coming in at $.44. Sally Magnificence posted earnings of $.57 for each share during the similar quarter previous 12 months, which would show a unfavorable 12 months over 12 months advancement level of 10.5%. The organization is anticipated to announce its next earnings effects on Monday, January 1st.

On normal, analysts assume that Sally Elegance will report comprehensive year earnings of $2.58 per share for the present fiscal year, with EPS estimates ranging from $2.50 to $2.63. For the subsequent economic yr, analysts forecast that the organization will report earnings of $2.75 for every share, with EPS estimates ranging from $2.69 to $2.77. Zacks’ earnings for every share calculations are a mean ordinary dependent on a study of market-side study analysts that address Sally Attractiveness.

Sally Elegance (NYSE:SBHGet Score) previous introduced its earnings results on Wednesday, February 2nd. The specialty retailer noted $.63 earnings for each share for the quarter, beating the Zacks’ consensus estimate of $.60 by $.03. The business had revenue of $980.00 million for the duration of the quarter, in comparison to analyst estimates of $993.34 million. Sally Natural beauty experienced a return on fairness of 125.54% and a web margin of 6.42%. The firm’s quarterly revenue was up 4.7% when compared to the similar quarter past 12 months. In the course of the same period previous calendar year, the organization posted $.50 earnings for every share.

A number of equities analysts a short while ago issued reports on the firm. DA Davidson reduced their rate goal on Sally Natural beauty from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com assumed coverage on Sally Beauty in a report on Thursday, March 31st. They issued a “buy” ranking on the inventory. A few equities exploration analysts have rated the stock with a hold rating, a few have assigned a invest in score and just one has assigned a robust invest in ranking to the company. In accordance to MarketBeat.com, Sally Splendor at present has a consensus rating of “Buy” and a consensus price tag concentrate on of $23.70.

A variety of institutional investors and hedge funds have just lately modified their holdings of the small business. Dynamic Engineering Lab Personal Ltd acquired a new stake in shares of Sally Magnificence for the duration of the 3rd quarter well worth about $380,000. Blueshift Asset Administration LLC obtained a new stake in shares of Sally Elegance through the 3rd quarter worth about $274,000. Geode Cash Management LLC lifted its position in shares of Sally Elegance by .4% for the duration of the third quarter. Geode Funds Management LLC now owns 1,845,272 shares of the specialty retailer’s stock well worth $31,092,000 just after buying an extra 6,613 shares throughout the period. Balyasny Asset Administration LLC obtained a new stake in shares of Sally Magnificence all through the third quarter worth about $1,273,000. Lastly, Marshall Wace LLP acquired a new stake in Sally Beauty in the 3rd quarter valued at around $315,000.

Sally Attractiveness inventory traded up $.06 for the duration of mid-day trading on Tuesday, hitting $15.61. The inventory experienced a investing volume of 1,684,213 shares, in contrast to its common volume of 1,412,840. The stock has a 50-day straightforward transferring ordinary of $16.83 and a two-hundred working day simple moving average of $17.70. The stock has a current market capitalization of $1.76 billion, a PE ratio of 7.13 and a beta of 1.42. Sally Attractiveness has a 12 thirty day period minimal of $14.92 and a 12 month substantial of $25.66. The enterprise has a present ratio of 2.08, a rapid ratio of .60 and a financial debt-to-fairness ratio of 4.92.

Sally Splendor Firm Profile (Get Ranking)

Sally Elegance Holdings, Inc operates as a specialty retailer and distributor of expert attractiveness provides. The company operates via two segments, Sally Natural beauty Provide and Beauty Programs Team. The Sally Natural beauty Supply segment features magnificence goods, like hair shade and treatment items, pores and skin and nail treatment merchandise, styling instruments, and other attractiveness items for retail consumers, salons, and salon pros.

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

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